Banks-Insurance
Enterprise Investors: We’ll Keep Investing In Growing Companies
Cristian Nacu, partner of Polish private equity firm Enterprise Investors, one of the most active in recent years, says the company will go ahead with its acquisitions despite the fact that...
Romania Central Bank OKs Credit Agricole's Takeover Of Emporiki Bank
Romania's central bank has approved the acquisition of Emporiki Bank's local subsidiary by French group Credit Agricole, with the bank's name to be changed to Credit Agricole Bank Romania by...
Leu Ends Lower Vs Euro, Unlike Neighbors
Romania’s leu lost ground against the euro in late trade Friday and closed slightly weaker on the day, amid increased volumes.
Romania Plans To Sell RON2.25B Treasuries In July
Romania’s Finance Ministry plans to sell state paper worth 2.25 billion lei (EUR505 million) in July, above the RON1.4 billion amount sold a month earlier, ministry data showed Friday.
Leu In Ranges Vs Euro, Exchange Rate At 4.4494
Romania’s leu traded near 4.45 per euro around noon Friday, and the central bank’s reference strengthened slightly to 4.4494 units, from 4.4508 units a day earlier.
BNR: Overdue Loans Up 3.6% To RON24.7B In May
Romanian overdue private loans rose 3.6% on the month to 24.72 billion lei (EUR5.55 billion) in May, equal to 10.8% of the total lending, central bank data showed.
Leu Higher Vs Euro In Early Trade, Amid EU’s Summit Decisions
The Romanian leu was higher against the euro in early trade Friday, amid European Union’s summit decisions on easing up financing conditions for Spain and Italy.
Ponta Says EC Proposed EU Funding Should Not Be Reduced In 2014-2020
The European Commission (EC) proposed that European funding for Romania and other EU member states should not be reduced in the 2014-2020 period, Prime Minister Victor Ponta said late Thursd...
Former UniCredit Tiriac Bank Treasury Head Bogdan Mihoc Returns To Banking System
Bogdan Mihoc, one of the best-known dealers on the market, has returned to the banking system four years after being expelled from it, and took on the position of head of treasury with Volks...