Banks-Insurance
Leu Dips Vs Euro In Sleepy Session
Romania’s leu retreated modestly against the euro in a quiet session Tuesday and closed at 4.405/4.407 per euro, amid low volumes.
Cetelem Romania Posts RON9.8M Pre-Tax Profit For 2011
Consumer lending company Cetelem Romania, owned by BNP Paribas, posted a pre-tax profit of 9.8 million lei (EUR2.2 million) under IFRS last year, and the number of loans granted increased 24...
Over 60% Of Romanians Believe Country's Economic Situation Is Very Poor – Study
More than 60% of Romanians believe the country's economic situation is very poor and four out of ten think it will get worse in the next six months, according to a study by ISRA Center.
ING: Romanian Central Bank Lombard Lending At RON14.5B In April
Romanian lenders borrowed 14.5 billion lei (EUR3.3 billion) from the central bank through the Lombard facility in April at above-market interest rates, which could indicate a significant liq...
Isarescu: Wage Hikes To Have Little Impact On Inflation. BNR Keeps 2012 Forecast At 3.2%
Romania’s central bank Tuesday maintained its forecast on the year-end inflation unchanged at 3.2% for 2012 and estimated the annual rate will remain within the desired targets at least unti...
Romanian Lower House Adopts EU Fiscal Stability Treaty
Romania’s Chamber of Deputies on Tuesday adopted the bill on ratifying the European Union’s fiscal stability treaty with 237 votes in favor and two abstentions.
Leu In Ranges Vs Euro, Exchange Rate At 4.4032
Romania’s leu was stable against the euro by midday Tuesday and the central bank’s reference strengthened modestly to 4.4032 units, from 4.4053 units a day earlier.
Millennium Bank Romania 1Q Loss Halves To EUR3.4M
Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, reported a loss of EUR3.4 million in the first quarter, 47.5% narrower on the year, helped by declining prov...
Banks Pay Less To Attract Deposits In Lei, But Continue To Pursue Euro Deposits
The average interest rate displayed by banks for household deposits in lei has diminished by a quarter of a percent in March to 6.24% a year, with the plentiful liquidity on the market putti...