24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Raiffeisen Keeps ‘Buy’ Recommendation On SIFs, Cuts Target Prices
Raiffeisen Capital & Investment Thursday left its recommendation on Romania’s five regional investment funds SIFs unchanged at “buy”, but lowered the 12-month target prices for the funds’ sh...
CEC Bank: A Quarter Of Restructured Loans Gone Bad Again
Romanian state-run lender CEC Bank Thursday said 25% of the distressed loans modified to give the companies more time to recover have gone bad again after three months.
Leu Dips Vs Euro On Negative Sentiment
Romania’s leu weakened slightly against the euro Thursday, amid a negative sentiment in the region, and closed 0.15% lower on the day at 4.3195/4.321 units.
UniCredit Plans EUR100M Investment In Romania, Doesn’t Rule Out New Buys
Italy’s financial group UniCredit plans to invest over EUR100 million in 300 new branches in Romania over the next years, the group’s general manager Roberto Nicastro said Thursday.
Leu Sheds Gains Vs Euro, Exchange Rate At 4.3148
Romania’s leu lost early gains versus the euro by midday Thursday, but the central bank’s reference won 0.16% on the day to 4.3148 units, from 4.3217 units in the previous session.
Fitch Affirms UniCredit Tiriac Bank At ‘BBB+’, With Stable Outlook
Fitch Ratings Thursday affirmed its long-term issuer default rating on Romanian UniCredit Tiriac Bank at ‘BBB+’, with stable outlook, following the placement of Italy’s UniCredit group ratin...
Investments In Romania Continue Decline. FDI At EUR1.12B In 8 Months, Down 52% On Year
Romanian foreign direct investment, or FDI, fell 52% to EUR1.12 billion in the first eight months, from around EUR2.35 billion in the year-earlier period, the central bank said Thursday.
Romania's Current Account Gap Narrows To EUR3.3B In First 8 Months
Romania's current account deficit narrowed 19.7% to EUR3.29 billion in the first eight months, from a gap of EUR4.1 billion in the year-earlier period, due mainly to a lower trade deficit an...
Leu Ends Higher Vs Euro, Attuned To Region
Romania’s leu widened earlier gains versus the euro in late trade Wednesday and closed almost 0.4% stronger on the day, amid low volumes and a positive sentiment in the region after EU offic...
Economy Ministry Hires Broker For Transelectrica Public Offering
Romanian Economy Ministry will hire a consortium made of investment companies BCR, Intercapital Invest and Swiss Capital to help with a secondary offering of 15% in state-run power grid oper...
Erste Proposes RON644M Capital Increase At BCR
Austria’s Erste Group Bank AG (EBS.RO) Wednesday recommended increasing the share capital of its Romanian unit Banca Comerciala Romana (BCR) by 644 million lei (about EUR150 million) to RON1...
Leu Up Vs Euro, Exchange Rate At 4.3217
Romania’s leu edged higher against the euro by midday Wednesday and the central bank’s reference strengthened 0.2% to 4.3217 units, from 4.3312 units a day earlier.