24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
SIF Banat-Crisana 1Q Revenues Triple On BRD, Erste Stock Sale
Romanian regional investment fund SIF Banat-Crisana (SIF1.RO) on Thursday said its first-quarter revenues tripled to 90.6 million lei (EUR20.1 million), fuelled by stock sales in lenders BRD...
Romania Economy Ready To Stand On Its Own, Isarescu Says
Romania has made sufficient progress to sustain economic growth without further help from its international creditors, central bank governor Mugur Isarescu said Thursday.
Isarescu Says Leu’s Appreciation Not Supported By Fundamentals
Romania’s economic performance during the first months of the year wasn’t good enough to justify the recent strengthening of the leu against the euro, central bank governor Mugur Isarescu sa...
Romania Sells RON593M 10-Year Bonds At 4.7% Average Yield
Romania’s Finance Ministry on Thursday raised 592.9 million lei (EUR133.7 million) in a reopening of its 10-year bond due June 2021, above the planned amount, at an average yield of 4.7% a y...
Leu’s Exchange Rate Hits 6-Month High Of 4.434 Vs Euro
Romanian leu’s exchange rate strengthened to its highest level in six months of 4.434 versus the euro Thursday, but the local currency lost thrust in interbank trading after the central bank...
Isarescu Says Romania's Banking System Is Cleaning Up
Romanian central bank governor Mugur Isarescu Thursday said the banking system is cleaning up and the non-performing loans ratio, which reached 22.3% at the end of March, was assessed follow...
BRD: Romania’s Target Date For Euro Adoption Is Realistic
Romania’s 2019 target date for the euro adoption is realistic, but the authorities must focus on measures that would take country on the path to the real convergence to the euro area, a seni...
Leu Closes Up Vs Euro In Thin Trading
Romania’s leu closed higher against the euro Wednesday after reaching a six-month high of 4.4295 units in intraday trading, but volumes remain subdued.
Leu’s Exchange Rate Strengthens To 4.4352 Vs Euro
The Romanian leu advanced against the euro by midday Wednesday and the central bank’s reference strengthened 0.13% to 4.4352 units, from 4.4411 units a day earlier.
Bucharest Bourse 1Q Net Profit Down 10% To RON1.4M
The Bucharest Stock Exchange (BVB.RO) Wednesday said its net profit fell 9.8% on the year to 1.38 million lei (EUR0.31 million) in the first quarter, largely due to lower revenues from forei...
Isarescu: Leu’s Appreciation Fueled By Higher Demand For Govt Bonds
Romanian central bank governor Mugur Isarescu said Tuesday the leu’s recent appreciation against the euro was fueled by higher demand for government bonds from foreign investors, as well as...
BNR: CEC To Send Full List Of New Managing Directors
Romania’s central bank is waiting to receive a complete list with the new managing directors of CEB Bank before it can authorize any changes in the latter’s management structure, central ban...