Banks-Insurance
Exchange Rate Won’t Listen To Finance Minister. Will It Listen To The Central Bank Governor?
Romanian leu exceeded 4.6 units against the euro on Monday despite assurances by finance minister Florin Georgescu that the exchange rate will not go over the 4.5 unit threshold.
Only Nine Out Top 100 Alternative Investment Managers Operate In Romania
The largest one hundred alternative investment managers in the world have $3,136 billion worth of assets on their hands, invested in private equity and hedge funds, real estate and infrastru...
OTP Bank Romania: Consumer Savings Up 8.6% In 4-Mos
OTP Bank Romania reported a 8.6% increase of the consumer savings during the first four months of 2012, the clients mainly choosing deposits with six-month maturity, the bank said Monday.
Fitch Affirms Oradea Metropolitan Area At B+; Outlook Positive
Fitch Ratings Monday affirmed its long-term foreign and local currency ratings on Romanian central Metropolitan Area of Oradea at 'B+', with positive outlooks, citing sound economic developm...
BNR Injects RON8.15B Into Market
Romania's central bank Monday added 8.15 billion lei (EUR1.77 billion) to the money market in a one-week repurchase agreement operation at an interest rate of 5.25% a year, equal to the mone...
BRD Designated CEO Gives Up Position, No New Candidate Yet
Romanian second largest bank BRD (BRD.RO), majority-owned by France’s Societe Generale, Monday announced that its chief executive officer-nominate Alexandre Paul Maymat has decided to give u...
Carrefour, NEPI Get EUR26M Loan From BRD To Develop Ploiesti Shopping City
Carrefour Property Romania and South-African real estate investment fund New Europe Property Investments (NEP.RO) obtained a EUR26 million loan from BRD-Groupe Societe Generale (BRD.RO) to j...
Romanian Leu Opens Almost Flat Vs Euro In Early Action
Romania’s leu opened almost flat against the euro Monday morning, hitting 4.596 units, amid lingering domestic political tensions.
Romania To Allot RON8.1M For Payments In Projects Funded Via Regional Operational Program
Romania’s Finance Ministry will allocate 8.1 million lei (EUR1.76 million), from amounts obtained by the state from privatizations, to make payments for projects financed via the Regional Op...