24658
Florentina Dragu
Translator RO-EN
- Fields
- Capital Market, Banks-Insurance, Energy
- Writing for ZF since
- 0201
- Articles
- 6.106
Volksbank Romania To Sell Non-Performing Loans Shortly, Says Ctrl Banker
Volksbank Romania, a unit of Austria’s Volksbank AG, plans to sell part of its non-performing loans “shortly,” a central bank official said Thursday.
Romania Sells RON500M 5-Year Bonds At 4.9% Average Yield
Romania’s Finance Ministry on Thursday raised a planned 500 million lei (EUR111.8 million) in a reopening of its five-year bond due November 2018 at an average yield of 4.9%, slightly higher...
Central Banker Sees Likely Mergers In Romania Banking Arena
Romania’s banking system will likely witness several mergers in the upcoming period, once the shareholders realize the value of their institution has changed following the financial and econ...
Cinteza: Banking System To Make Profit In 2013; Provisions Continue Rise
The Romanian banking system will likely turn to profit in 2013, despite a substantial rise in loan-loss provisioning estimated during the last two months of the year, a central bank official...
Leu’s Exchange Rate Gains Slightly To 4.4687 Vs Euro
The Romanian leu moved in narrow ranges against the euro by midday Thursday and the central bank’s reference strengthened slightly to 4.4687 units, from a 11-week low of 4.4715 units a day e...
Leu Ends Down Vs Euro Amid Falling Volumes
Romania’s leu weakened against the euro Wednesday and closed just below 4.47 to the euro, amid declining volumes.
Leu Exchange Rate Weakens To Fresh 11-Week Low Of 4.4715 Vs Euro
The Romanian leu depreciated further against the euro by midday Wednesday and the central bank’s reference weakened for the second consecutive session to 4.4715 units, a new record low in th...
Hidroelectrica, Nuclearelectrica To Sell Half Of Output At Regulated Tariffs
Romanian state-run power companies Hidroelectrica and Nuclearelectrica (SNN.RO) will sell up to 50% of their electricity output at regulated tariffs, according to a decision of the energy wa...
Nuclearelectrica, Romgaz To Join Bucharest Blue-Chip Index
Romanian state-run nuclear power producer Nuclearelectrica (SNN.RO) and natural gas producer Romgaz (SNG.RO) will join the BET index of the top 10 largest blue chip issuers on the Bucharest...
Leu Trades Near 4.46 Vs Euro In Morning Action
Romania’s leu traded near 4.46 to the euro during early hours Wednesday, amid declining volumes.
Leu Loses 0.6% Vs Euro Amid IMF Deal Worries
Romania’s leu lost 0.6% against the euro Tuesday, amid investor concern regarding a delay in the country’s loan program with the International Monetary Fund after President Traian Basescu re...
Romgaz Releases Another Revised Draft Budget; Says First One Published By Accident
Romanian state-run natural gas producer Romgaz Medias (SNG.RO) Tuesday released a freshly revised revenue and expenditure draft budget for 2013, one week after accidentally publishing a wron...