24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Leu Recoups Vs Euro After ECB Slashes Rates
Romania’s leu recovered against the euro in late trade Thursday, amid a positive sentiment in the region after the European Central Bank surprised the markets and cut its key rate by a quart...
Romania Sells RON500M 2-Year Bonds At 7.2% Average Yield
Romania’s Finance Ministry on Monday sold a planned 500 million lei (EUR114.7 million) in two-year bonds, at an average yield of 7.23% a year, slightly lower than at the previous auction.
BCR Head: New Lending Rules To Drive Down Big Property Prices
Romanian central bank’s new regulations for consumer loans are poised to slow down mortgage lending, taking a bigger toll on local demand for big properties, the head of bank Banca Comercial...
BCR Sees Provisions Flat In Fourth Quarter
Romanian leading bank Banca Comerciala Romana (BCR) estimates loan provisioning will remain unchanged in the fourth quarter from the three months ended September 30, chief executive Dominic...
Bruynseels: BCR Won’t Slash Interest Rates Following Central Bank’s Rate Cut
Romania’s largest bank Banca Comerciala Romana (BCR), a unit of Austrian Erste Group Bank AG, doesn’t plan to lower its interest rates on loans following the central bank’s decision to cut t...
Leu Exchange Rate Falls To 16-Month Low Of 4.3585 Vs Euro
Romania’s leu recouped part of its early losses against the euro by midday Thursday, but the central bank’s reference weakened 0.3% on the day to 4.3585 units, near the all-time low of 4.368...
Millennium Bank Romania 9-Month Loss Narrows To EUR13.5M
Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, Thursday reported a loss of EUR13.5 million in the first nine months, 25.8% narrower from EUR18.2 million in...
Leu Loses Edge Over Euro, Exchange Rate At 4.346
Romanian leu lost its early advance against the euro by midday Wednesday and the central bank’s reference weakened slightly to 4.346 units, from 4.3435 units a day earlier.
BNR Cuts Key Rate To Boost Lending
Romania’s central bank Wednesday lowered its main interest rate by a quarter of a point to 6% a year, the first cut in the last year and a half, in a move to boost bank lending and energize...
Rominserv Valves January-September Sales Rise 20%
Rominserv Valves Iaifo Zalau, a unit of the Romania’s second-largest oil group Rompetrol, reported sales of over $6 million in the first eight months, up 20% on the year.
Bucharest Stocks Mostly Lower In Early Trade
Bucharest shares were mostly lower Wednesday morning, following a 2.3% decline a day earlier as Greece’s call to a referendum on the European rescue package surprised investors and officials...
Leu Opens Up Vs Euro, In Line With Peers
Romania’s leu edged higher against the euro Wednesday morning, mirroring neighboring markets as investors wait for the conclusion of a two-day monetary policy meeting in the US that could of...