Banks-Insurance
BNR Adds RON11B To Market
Romania's central bank (BNR) Monday pumped 11.95 billion lei (EUR2.67 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the...
Leu Turns To Losses, Exchange Rate At 4.464 Vs Euro
The Romanian leu lost ground in mid-trade Monday and the central bank set the reference rate at 4.464 per euro, 0.14% weaker on the day.
Leu Opens Slightly Up, On Positive Sentiment In The Region
The Romanian leu traded slightly up in early trade Monday, on a positive sentiment in the region, after the election results in Greece.
Renewable Energy Producers Received Subsidies Of EUR123M Since The Start Of 2012
Renewable energy producers received nearly EUR750,000 each day over the past month, and the value of subsidies granted to companies generating power by using wind, sunlight or water resource...
Leu Ends Weaker Vs Euro On Rising Volumes
Romania’s leu reversed earlier gains versus the euro amid growing volumes in late trade Friday, closing weaker on the day at 4.464/4.4675 units.
ING Romania Implements Two-Tier Board Structure, With Misu Negritoiu As Chairman
ING Bank Romania, the local unit of Dutch-registered ING Bank NV, will move from a single-tier board structure to a two-tier one starting with this fall, when the bank’s chief officer Misu N...
WB: Romania’s Government Ought To Tackle Challenges Involving Public Administration
The Romanian Government ought to tackle all challenges involving the country's public administration if it wants to achieve success in the medium term, because the delay of long-overdue refo...
Leu Up Vs Euro, Exchange Rate At 4.4576
Romania’s leu edged higher against the euro by midday Friday and the central bank’s reference strengthened modestly to 4.4576 units, from 4.4595 units a day earlier.
Emporiki Bank Romania Transferred To France’s Credit Agricole
France’s Credit Agricole will take over Emporiki Bank Romania from its Greek Emporiki Bank unit as part of a larger program through which the French bank wants to transfer various Emporiki a...