24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
BNR To Cut Key Rate To 3.25% By Year-end - Poll
Romanian analysts estimate the central bank will lower its monetary policy rate by a quarter of a point to 3.25% in a three-month horizon, with half of the polled analysts expecting a rate c...
Leu’s Exchange Rate Weakens 0.3% To 4.433 Vs Euro
The Romanian leu retreated against the euro in the first half of the trading session Friday and the central bank’s reference weakened 0.3% to 4.433 units, the lowest rate in eight days.
Leu Opens Down Vs Euro In Thin Trading
Romania’s leu opened down against the euro in thin volumes Friday morning, amid growing demand for foreign currency from corporate and bank investors.
INS: Tourist Arrivals Up 5.1% On Year In January-June
Arrivals at Romanian tourism accommodation establishments rose 5.1% in the first half from the year-earlier period, while overnight staying increased 6.4% on the year, data from the statisti...
BRD 1H Profit Doubles To RON123M As Provisions Fall
Romanian lender BRD Societe-Generale (BRD.RO), a unit of France’s Societe Generale, on Friday said its net profit doubled on the year to 123 million lei (EUR27.83 million) in the first half,...
BCR To Sell More NPLs Shortly – Erste Official
Romania’s largest bank Banca Comerciala Romana, or BCR, is carrying talks to sell a second batch of non-performing loans following the successful sale of a NPL package worth about EUR230 mil...
Leu Slides Vs Euro On Negative International Sentiment
The Romanian leu depreciated against the euro amid a negative sentiment in the region Thursday to finish the session at 4.4265 to the euro, or 0.6% weaker on the day.
Romania’s Weight In MSCI FM 100 Index To Grow To 3.38%
The Bucharest Stock Exchange on Thursday said the cumulated weight of five Romanian listed companies included in the MSCI (Morgan Stanley Composite Index) Frontier Markets 100 Index is set t...
Parent Companies Injected EUR990M In 38 Romanian Companies In 1H
Foreign shareholders injected an aggregate EUR990 million in 38 companies with operations in key industries in Romania during the first six months of the year, Trade Registry data showed Thu...
Fiscal Council: August Revision To Put Extra Pressure On Future Budgets
Romania’s upcoming budget revision fails to present sustainable measures to offset the low fiscal collection in the first half of the year or the planned reduction of the social security tax...
Leu’s Exchange Rate Falls To 1-Week Low Vs Euro, Of 4.4188
The Romanian leu extended its earlier losses against the euro by midday Thursday, following the currencies in the region, while the central bank’s reference fell for the third session in a r...
OTP Bank Buys Millennium Bank Romania In EUR39M Deal
OTP Bank Romania on Wednesday signed an agreement with Portugal’s Millennium bcp to purchase the latter’s local subsidiary for a total sum of EUR39 million.