24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Banca Carpatica 2013 Net Profit Rises 77% On Year
Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said its net profit rose 77% on the year to 38 million lei (EUR8.6 million) in 2013, fueled by higher revenue from lending and a RO...
Romania Economy Grew At Better-Than-Expected 3.5% Rate In 2013
Romania’s economy grew faster than expected in 2013, fueled by a bumper harvest, growing exports and recovering activity in industry.
Leu Loses 0.2% Vs Euro, Ends Down For 3rd Straight day
Romania’s leu depreciated against the euro for the third consecutive day to finish Thursday’s session 0.2% lower, but trading volume remained low.
Romania Rejects All Bids In 10-Year Bonds Sale
Romania’s Finance Ministry has rejected all bids at a 100 million lei (EUR22.2 million) 10-year bonds auction Thursday, citing high yields.
Leu Falls Vs Euro, Exchange Rate At 4.4926
The Romanian leu slid against the euro in the first half of Thursday’s session, tracking the currencies in the region, and the central bank’s reference weakened for the second straight day t...
BCR Leasing Borrows EUR15M From EIB To Finance SMEs
The European Investment Bank Thursday said it has provided a EUR15 million loan to Romanian leasing company BCR Leasing to finance small and medium-sized enterprises (SMEs), midcap companies...
Proprietatea Fund’s Net Asset Falls To RON14.9B In January
Romanian investment fund Fondul Proprietatea Thursday said its net assets fell to 14.89 billion lei (EUR3.1 billion) in January, from a little over RON15 billion in the previous month.
INS: Adjusted Construction Works Down 1.6% On Year In 2013
Romanian construction works slid 1.6% on the year in 2013, hit by a two-digit decline in new constructions, the statistics institute INS said Thursday.
Banca Transilvania 2013 Net Profit Rises To RON375M
Romanian lender Banca Transilvania (TLV.RO) Thursday said its net profit rose 17% to 374.9 million lei (EUR83.7 million) in 2013, on higher revenue from lending.
Leu Ends Down Vs Euro For Second Day
The Romanian leu fell against the euro for the second consecutive session Wednesday and closed slightly below 4.49 units, amid a quiet market.
Romania Open-end Fund Assets Rise To RON13.6B In January
The combined net assets of Romanian open-end investment funds rose 4.4% to 13.55 billion lei (EUR3.02 billion) in January, from around RON13 billion a month earlier, data from the local Asso...
BRD’s Loan-Loss Provisions Rose More Than Expected In Q4 - CEO
Romania’s second-largest bank BRD (BRD.RO) has booked more loan-loss provisions than initially estimated in the last quarter of 2013, chief executive Philippe Lhotte said Wednesday.