Banks-Insurance
ING Asigurari De Viata To Propose EUR3.1M Payout To Shareholders For 2011
Romanian insurer ING Asigurari de Viata will propose paying out dividends of 13.82 million lei (EUR3.1million) for 2011, down 47.7% compared with the previous year, the insurer said in its a...
Leu Gains Modestly Vs Euro, Exchange Rate At 4.4646
Romania’s leu edged higher against the euro by midday Friday and the central bank’s reference strengthened modestly to 4.4646 units, from a record low of 4.4662 units a day earlier.
Eurobank Brings Greek Banker To Run Bancpost
Greek financial group Eurobank continues its effort to restore the profitability of Bancpost, the tenth largest bank in Romania by assets by putting a Greek banker in charge. The banker, Ant...
Leu Up Vs Euro In Early Trade, In Line With Region
The Romanian leu gained litttle ground at the start of Friday session, following the other currencies in the region, but the transferred volumes were low.
BNR: Romania Private Lending Inches Up 0.1% On Month In April
Romanian private lending inched up 0.1% in real terms to 224.7 billion lei (EUR50.3 billion) in April from a month earlier, central bank data showed Friday.
Leu Depreciation Adds EUR100M To Borrowers’ Bill
The depreciation of the leu and the rise in money market interests add extra charges to the bill of the four million Romanians who took out loans from banks.
Romanian Banks Accessed EIB Financing Worth EUR822M Since 1990
Romanian lenders have accessed financing worth EUR822 million from the European Investment Bank from 1990 until now, equal to 4.7% of the EIB funds made available in Central and Eastern Euro...
Leu Closes Down Vs Euro, Unlike Neighbors
Romania’s leu traded around 4.46 per euro in late session Thursday and closed 0.1% lower on the day, amid average volumes.
MKB Romexterra Leasing Plans RON22M Capital Decrease
Romanian MKB Romexterra Leasing plans to reduce its share capital by 22.6 million lei (EUR5 million), from RON41.7 million to RON19.1 million, to cover the loss carried forward.