Banks-Insurance
Raiffeisen Bank Romania 1H Net Profit Rises To EUR50M
Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen Bank International AG, Wednesday said its net profit rose 28% to EUR50 million in the first half, from EUR39 million in the year-earli...
Finance Ministry: Budget Revenue Down To 32.3% Of GDP
The share of budget revenues in the gross domestic product has been adjusted as part of the budget revision from 33.9% to 32.3%, according to information sent by the Finance Ministry.
Ardaf Brand Dropped After Sixteen-Year History
Generali, a top ten company on the insurance market, will stop selling policies under the Ardaf brand and will use one network branded as Generali. It also plans to close a number of branche...
Leu Firms Vs Euro In Quiet Trade
Romania’s leu firmed against the euro Tuesday, closing almost 0.3% stronger on the day at 4.4525/4.455 units, after a quiet session.
Leu Exchange Rate Hits New 8-Week High Vs Euro, At 4.4571 Units
Romania’s leu traded in narrow ranges against the euro by midday Tuesday, while the exchange rate continued to strengthen for a fifth consecutive session to 4.4571 units, a fresh record high...
Housing Bank Clients To Receive State Premiums Of RON42.55M
The 400,000 clients of Romanian banks on the savings and loan segment will receive state premiums amounting to 42.55 million lei (EUR9.45 million), which cover the last tranche for sums save...
Leu Higher Vs Euro In Early Trade
Romania’s leu edged higher against the euro in early action Tuesday, trading around 4.46 per euro amid low volumes.
Leu Closes Slightly Up Vs Euro In Quiet Market
Romania’s leu strengthened modestly against the euro in a sleepy session Monday and closed at 4.465/4.471 units, amid low volumes.
BNR: Romania Overdue Loans Rise 6.5% To RON26.8B In July
Romanian overdue private loans rose 6.5% on the month to 26.79 billion lei (EUR6 billion) in July, equal to 11.4% of the total lending, central bank data showed Monday.