24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Exchange Rate Falls To 10-Week Low Of 4.417 Vs Euro
Romania’s leu exchange rate Monday weakened to its lowest level against the euro in the past 10 weeks, amid a negative sentiment in the region after eurozone finance leaders announced plans...
BNR Injects RON274M Into Market
Romania's central bank Monday injected 247.4 million lei (EUR56.3 million) into the money market via a one-week repurchasing agreement operation, the lowest amount in 17 months.
SIF Muntenia Ranks As Most Profitable SIF In February
SIF Muntenia (SIF4.RO) climbed to first place in terms of profitability among the five regional investment funds registered in Romania, with a net profit of 20.3 million lei (EUR4.61 million...
UniCredit Tiriac Bank 2012 Pretax Profit Rises To EUR46M
Romania’s UniCredit Tiriac Bank posted a 9.4% increase in its pretax profit to EUR46 million in 2013, helped by lower provisions for bad loans, the mother bank said Friday.
BRD Eyes Return To Profit In 2013 As Risk Costs Poised To Drop
Romania's second-largest lender BRD-Societe Generale (BRD.RO) expects it will return to profit in 2013, helped by lower risk costs, the bank said in its draft revenue and expenditure budget...
Leu Ends Slightly Higher Vs Euro On Low Volumes
Romania’s leu advanced marginally against the euro in a calm session Friday and closed near 4.39 units, amid low volumes.
Farmache Leaves Alpha Bank To Pursue Personal Projects
Alpha Bank’s first vice-president Stere Farmache Friday said he has left the bank to pursue personal projects.
Volksbank: Romanians Are Starting To Save More
Uncertainty about the economy and the lingering financial crisis have pushed many Romanians to save more despite the low interests, Volksbank Romania’s vice-president Lucian Cojocaru said Fr...
Leu Steady Vs Euro, Exchange Rate At 4.394
Romania’s leu was stable against the euro by midday Friday and the central bank’s reference strengthened slightly to 4.394 units, from 4.3975 units a day earlier.
Foreigners’ Holdings In Proprietatea Fund Slightly Up To 59.4% In February
Foreign investors increased their holdings in Romanian investment fund Fondul Proprietatea (FP.RO) to 59.4% in February, from 59% a month earlier, the fund said Thursday.
Leu Reverts Loss Vs Euro, Closes Below 4.395
Romania’s leu recovered earlier losses against the euro in late trade Thursday and closed slightly stronger on the day, amid average volumes.
Voinea: Romania To Pay Higher Interests If IMF Deal Halted
Romania would be exposed to increased financial risks and would pay higher interests if it were to cut short its EUR5 billion loan agreement with the International Monetary Fund and the EU,...