Banks-Insurance
EFG Eurobank Posts Losses Of EUR25M In Romania In 2011
The EFG Eurobank group, the majority shareholder of Bancpost, reported losses of EUR25.1 million in 2011 in Romania, after net profits of EUR15.8 million in 2010.
Alpha Bank 2011 Pretax Profit In Romania Falls To EUR12M
Alpha Bank Romania's pre-tax profit dropped 75.4% last year, from EUR49.2 million in 2010 to EUR12.1 million, the bank's Greek parent group announced Friday.
Leu Dips Vs Euro On Low Volumes
Romania’s leu edged lower against the euro in late trade Friday, closing at 4.377/4.3775 per euro, amid low volumes.
Leu Opens Up Vs Euro, But Sheds Early Gains In First Hour
The Romanian leu opened slightly up against the euro, but it erased the gains within the first hour of trading, in a quiet market.
Raiffeisen Creates 'Online Shop' For Foreclosed Assets
Raiffeisen Bank Romania has started to organize its offer of foreclosed homes, land, cars and other assets, and put it on a specialized website along with photos, maps and technical specific...
Leu Ends A Tad Higher On The Day In Sleepy Trade
Romania’s leu traded near 4.375 per euro in late session Thursday and closed marginally higher on the day, amid low volumes.
Romania Less Likely To Default On Own Debt Vs Hungary, Spain
Romania is a less risky debtor compared to more veteran EU members such as Spain, Italy or Hungary, but the country is still paying higher interest rates on its sovereign debt compared to th...
Tax Authority To Start Checkups On 400 High Wealth People This Year
Sorin Blejnar, recently placed in charge of the department for the investigation of large wealth within Romania’s tax authority ANAF, told in an interview for MEjavascript:;DIAFAX, that the...
Romania Sells RON625M 5-Year Bonds At 6.14% Average Yield
Romania’s Finance Ministry on Thursday sold 625 million lei (EUR142.8 million) in five years bonds, slightly above the planned amount, at an average yield of 6.14% a year, central bank data...