24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian Depositors Move Savings To Larger Banks After Cyprus Bailout Deal
Unsettling details about the Cyprus bailout deal, which taxed large savings and saw the nation’s second-biggest bank dismantled, along fears that the terms might be applied to future rescue...
Romania Central Bank Leaves Key Rate At 5.25%
Romania’s central bank kept its key rate unchanged at 5.25% for the eight consecutive meeting Thursday, a day after the bank’s chief warned of lingering inflationary expectations.
Leu Loses Early Gains, Exchange Rate Falls To 4.4178 Vs Euro
Romania’s leu lost its earlier gains versus the euro by midday Thursday and the central bank’s reference weakened 0.3% to 4.4178 units, ending a four-day winning streak.
Banca Carpatica Eyes 35% Rise In 2013 Net Profit
Romanian lender Banca Comerciala Carpatica (BCC.RO) estimates its net profit will rise 34.8% to 33.7 million lei (EUR7.6 million) in 2013, helped by fewer costs with interest rates, the bank...
Bucharest Stocks Rise Modestly In Morning Trade
Bucharest shares were slightly higher Thursday morning, recovering some of yesterday’s losses, with financial companies covering most of the early trade.
Leu Slightly Higher Vs Euro In Early Action
Romania’s leu edged higher against the euro Thursday morning, trading just below 4.415 to the euro in a quiet market.
Housing Permits Rise 25.7% On Month In February
Romanian housing permits rose 25.7% to 2,130 units in February, from 1,694 units a month earlier, the country’s statistics institute INS said Thursday.
Romanian Executives Optimistic About Economy In March-May
Romanian executives estimate all key economic sectors will see a spike in activity levels in the March-May period compared with the previous three months, the statistics institute INS said i...
Banca Transilvania Mulls EUR303.4M Capital Hike
Romanian lender Banca Transilvania (TLV.RO) plans to increase its share capital by 303.39 million lei (EUR60 million) to RON2.2 billion by capitalizing retained earnings from the previous ye...
Alpha Bank Swings To EUR22M Loss In Romania In 2012
Greece’s third largest lender Alpha Bank Wednesday said it has swung to a pretax loss of EUR21.9 million in Romania in 2012, from profit a year earlier, hurt by higher provisions for bad loa...
Leu Ends Lower Vs Euro On Negative Sentiment
Romania’s leu reversed its earlier gains versus the euro in late trade Wednesday, tracking the currencies in the region, as investors are worried about the bailout program in Cyprus and poli...
Isarescu: Economy Held Down By Fiscal Policies; Monetary Easing Not A Big Help
Romania’s fiscal policy might still be procyclical and it doesn’t really help the economy, central bank governor said Wednesday, mentioning that a more relaxed monetary policy would not help...