Banks-Insurance
PwC, KPMG File Bids For Consultancy Services In Posta Romana Sale
PricewaterhouseCoopers (PwC) and KPMG filed Monday the bids for providing consultancy services in the sale of national postal operator Posta Romana, Communications minister Dan Nica said Tue...
Leu Stable Vs Euro In Early Trade
Romania’s leu opened flat against the euro Tuesday and traded slightly over 4.47 to the euro in early action, amid apathetic investors.
Was ‘First Home’ Created For Banks Or People?
About 72,000 Romanians have borrowed more than EUR2.8 billion to buy a home through the “First Home” scheme in the last three years, but the money was mostly spent on old apartments, accordi...
Leu Ends Higher Vs Euro Amid Low Volumes
Romania’s leu returned to gains in late trade Monday and closed slightly higher against the euro, amid low volumes.
Romania Sells RON1.53B 8-Month Bills At 5.98% Average Yield
Romania’s Finance Ministry on Monday sold 1.53 billion lei (EUR341 million) in eight-month treasury bills, more than double the planned amount, at an average yield of 5.98% a year, slightly...
BNR Adds RON12.5B To Money Market
Romania's central bank (BNR) Monday injected 12.56 billion lei (EUR2.8 billion) into the money market in a one-week repurchase agreement operation, at an interest rate of 5.25% a year, equal...
CFR Gets EUR174M Loan From EBRD
Romania’s state-owned railway company CFR will receive a EUR174 million loan from the European Bank for Reconstruction and Development EBRD, guaranteed by the Government, for paying a state...
Leu Loses Gains Vs Euro, Exchange Rate At 4.4792
Romania’s leu lost its earlier gains versus the euro by midday Monday and the central bank’s reference weakened slightly to 4.4792 units, from 4.4741 units in the previous session.
Alico Eyes Changing Name Into Metropolitan Life
Alico Asigurări Romania, part of American group MetLife, filed the Insurance Surveillance Commission the paperwork to change its denomination into Metropolitan Life, the commission’s represe...