Banks-Insurance
Leu Reverses Gains Vs Euro, Exchange Rate At 4.4642
Romania’s leu lost its early edge against the euro by midday Wednesday, but the central bank’s reference strengthened modestly to 4.4642 units, from 4.4646 units in the previous day.
Millennium Bank Romania To Have New CEO
Portuguese banker Jose Toscano is preparing to leave the position of chief executive at Millennium Bank Romania after a five-year term, according to banking sources.
Leu Ends Flat Vs Euro In Sleepy Session
Romania’s leu traded near 4.46 per euro in late session Tuesday and closed roughly flat on the day, amid a quiet market.
Romania Won’t Amend Competition Law In Next Two Years - Antitrust Watchdog Head
Romania’s Competition Council president Bogdan Chiritoiu on Tuesday said the competition law will not be amended in the next two years, adding the antitrust watchdog is now engrossed in carr...
Isarescu: Leu Fall Contained In Case Of Grexit
Romanian central bank governor Mugur Isarescu Tuesday dismissed recent speculations that a potential exit of Greece from the eurozone would cause the leu to trade at 5 units against the euro...
BNR Pumps Record RON12B Into Market
Romania's central bank Tuesday injected a record 12.1 billion lei (EUR2.7 billion) into the market in a six-day repurchase agreement operation at an interest rate of 5.25% a year, equal to t...
Leu In Ranges Vs Euro, Exchange Rate At 4.4646
Romania’s leu moved in a narrow range against the euro by midday Tuesday and the central bank’s reference strengthened marginally to 4.4646 units, from 4.4648 units in the previous session.
Erste Ups Stake In BCR To 93.27%
Austria’s Erste Group Bank AG (EBS.RO) Tuesday said it has increased its stake in Romanian lender Banca Comerciala Romana (BCR) to 93.27% from 93.04%, following a buyout offer to BCR minorit...
Deloitte Romania Expands Management Team With Three New Equity Partners
Deloitte Romania has expanded its management team starting June 1 by promoting key members Adriana Lobda, Alina Mirea and Sorina Mardare to partners in Deloitte Romania.