24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Romanian Open-End Fund Assets Rise To RON9.32B In February
The combined net assets of Romanian open-end investment funds rose 2.5% to 9.32 billion lei (EUR2.1 billion) in February, from RON9.09 billion a month earlier, the local Association of Asset...
Romania Sells RON500M 1-Year Bills At 5.29% Average Yield
Romania’s Finance Ministry on Monday sold a planned 500 million lei (EUR114.5 million) in one-year treasury bills, at an average yield of 5.29% a year, lower than at the previous auction.
Erste Launches Buyout Offer For 0.13% In BCR
Austria’s Erste Group Bank AG (EBS.RO) Monday launched a buyout offer for a stake of 0.132% in Romanian lender BCR, which could bring its total holding in the local bank to 93.7%.
Leu Remains Lower Vs Euro, Exchange Rate At 4.3643
Romania’s leu remained weaker against the euro by midday Monday, amid a negative sentiment in the region, and the central bank’s reference lost 0.2% to 4.3643 units, from 4.3544 units in the...
BNR Injects RON2.3B In One Week Repo
Romania's central bank Monday pumped 2.3 billion lei (EUR0.52 billion) into the money market via a one-week repurchasing agreement operation, well below RON7.3 billion injected last week.
Leu Falls Vs Euro In Early Trade, Attuned To Region
Romania’s leu weakened against the euro in early action Monday, tracking its neighbors, and traded near 4.365 to the euro, amid low volumes.
Leu Dips Vs Euro On Forex Demand
Romania’s leu edged lower against the euro in late trade Friday, amid growing demand for foreign currency from non-residents, and closed slightly weaker on the day at 4.359/4.36 to the euro.
Leu Exchange Rates Weakens Slightly To 4.3544 Vs Euro
Romania’s leu was stable against the euro by midday Friday, but the central bank’s reference retreated slightly to 4.3544 units, from a six-week high of 4.3524 units a day earlier.
OTP Bank Romania Swings To EUR19M Loss In 2012 As Provisions Rise
OTP Bank Romania, the local unit of Hungary’s financial group OTP, has swung to a loss of EUR19.1 million in 2012, hurt by higher risk costs and falling operating profit, the Hungarian lende...
Altur Slatina 2012 Profit More Than Doubles To RON5.4M
Romanian car parts maker Altur Slatina (ALT.RO) Friday said its net profit more than doubled to 5.39 million lei (EUR1.2 million) in 2012, from RON2.57 million a year earlier.
Leu Opens Up Vs Euro On Low Volumes
Romania’s leu opened slightly higher against the euro Friday and moved in a narrow range in early action, amid low volumes.
Foreign Investors: Romania Unlikely To Reach Pre-Crisis Growth Without Reforms
Romania is unlikely to return to pre-crisis level of growth without major reforms that would boost investment and increase job creation, representatives of the Foreign Investors Council said...