24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Four Romanian Lenders To Set Up Banking Employer’s Association
Romanian lenders Banca Comerciala Romana (BCR), BRD-Groupe SocieteGenerale, Raiffeisen Bank and UniCredit Tiriac Bank on Friday announced plans to set up the first banking employers’ associa...
Raiffeisen Bank’s Shareholders Approve RON500M Bond Proposal
Raiffeisen Bank Romania last week approved plans to launch a bond issue of up to 500 million lei (EUR112 million) this year, according to a shareholder decision presented Friday.
UniCredit Tiriac Bank To Pay RON67M For 99.9% In UniCredit Leasing Romania
Romania’s UniCredit Tiriac Bank plans to acquire 99.99% in sister company UniCredit Leasing Romania for 66.87 million lei (about EUR15 million).
Leu’s Exchange Rate Firms To 4.4603 Vs Euro
The Romanian leu advanced against the euro by midday Friday and the central bank’s reference strengthened 0.3% to 4.4603 units, ending a losing streak started at the beginning of the week.
Romania Raises RON75M In Non-competitive Bond Auction
Romania’s Finance Ministry on Friday raised a planned 75 million lei (EUR16.8 million) at a supplementary non-competitive tender for its June 2017-dated bond reopened yesterday.
ProCredit Bank Romania Plans RON110M Bond
ProCredit Bank Romania plans to launch an unsecured corporate bond in a bid to raise 110 million lei (EUR24.6 million), the lender said Friday.
Raiffeisen Bank Romania Proposes RON264M Dividend For 2013
Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, on Thursday proposed paying out its shareholders a total dividend of 264 million lei (EUR59 million) from the 2...
Bucharest Stocks Close Up For Third Day
The Bucharest shares closed slightly higher Thursday, extending the rally started at the beginning of the week to a third day.
Prospectiuni To Open Four Offices In Africa
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) plans to open four new offices aboard, in Angola, Egypt, Kenya and Namibia, the company said Thursday.
Austria’s Volksbank Books EUR62M Provision For Anticipated Loss On Romanian Unit Sale
Austria’s Volksbank AG has booked provisions of EUR62 million for anticipated losses on the planned sale of its Romanian subsidiary, the Austrian lender said in a report Thursday.
KMG International To Reassess Investment Strategy For Ukraine, Turkey
KMG International NV, a unit of Kazakhstan’s state-run KazMunayGas, will reassess its investment plans in Ukraine and Turkey, following recent political and social developments in the two co...
Romania Sells Debt Worth RON1.5B At Two Auctions
Romania’s Finance Ministry sold debt worth 1.5 billion lei (EUR335 million) at two auctions Thursday, in line with its initial target, at slightly higher yields than at the previous tenders.