Banks-Insurance
Leu Ends Slightly Higher Vs Euro
Romania’s leu retreated against the euro in late trade Monday, mirroring the currencies in the region, but managed to close slightly higher at 4.4665/4.469 per euro, from 4.473/4.475 per eur...
BNR: Overdue Loans Up 3.3% To RON23.8B In April
Romanian overdue private loans rose 3.27% on the month to 23.86 billion lei (EUR5.12 billion) in April, equal to 10.5% of the total lending, central bank data showed Monday.
BNR Adds RON8B To Market, Largest Amount in Two Years
Romania's central bank Monday injected 8.07 billion lei (EUR1.8 billion) into the market in a seven-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the monet...
Leu Up Vs Euro, Exchange Rate At 4.4641
Romania’s leu edged higher against the euro by midday Monday, tracking the currencies in the region, and the central bank’s reference advanced modestly to 4.4641 units, from 4.4646 units in...
Leu Stays Close To All-time Lows Vs Euro
The Romanian leu stayed around 4.475 against the euro in early trade Monday, slightly stronger from last week, when it fell towards 4.5 against the euro on foreign markets after the closing...
Lower Rates And Central Bank’s Pressures Not Enough To Drive Leu Lending Up
Romanian banks sell as few leu-denominated loans that they will not even cover the repayments made by customers, therefore the volume of loans in local currency has gone down by RON1 billion...
UK Ambassador Says EU Funds Absorption Is Top Priority For Romania
British Ambassador to Bucharest, Martin Harris, said Sunday in an interview for PRO TV that the absorption of European Union funds is a top priority for the Romanian Government, which, he ad...
Leu Falls To New Record Low Of 4.475 Vs Euro
Romania’s leu weakened against the euro in late action Friday and hit a fresh all-time low of 4.475 units in interbank trading amid a negative sentiment in the region after Spanish region Ca...
Romania Budget Gap Widens To RON5B In First 4 Months
Romania’s consolidated budget posted a deficit of 5 billion lei (EUR1.1 billion) in the first quarter, equal to 0.83% of the gross domestic product, Finance Ministry data showed Friday.