Banks-Insurance
Leu In Ranges Vs Euro, Exchange Rate At 4.3746
Romania’s leu traded in narrow ranges against the euro by midday Tuesday and the central bank’s reference weakened slightly to 4.3746 units, from 4.3733 units in the previous session.
BNR Pumps RON6.4B Into Market
Romania's central bank (BNR) Monday added 6.41 billion lei (EUR1.46 billion) to the market in a six-day repurchase agreement operation at an interest rate of 5.25% a year, equal to the monet...
Erste To Pay EUR141M Dividend On Participation Certificates In 2012
Austrian Erste Group Bank AG (EBS.RO) Tuesday proposed paying out dividend of EUR141 million on the participation certificates for the business year 2011.
Deloitte: Romanian Firms Stay Prudent Amid Economic Uncertainty
Increasing revenues on existing markets and improving cash flow are the main priorities for Romanian chief financial officers (CFOs) over the next 12 months, as few of them are currently con...
Leu Opens Slightly Higher Vs Euro On Low Volumes
The Romanian leu rose slightly against the euro in the first hour of Tuesday trading, after the Orthodox Easter holiday, but the trading volumes remaines low.
IFC Romania: No Local Bank Wants To Hand Its Toxic Assets Over To Us
International Finance Corporation, the investment division of the World Bank, has shown its willingness to help banks process non-performing loans and invested in funds that restructure such...
Leu Steady Vs Euro, Exchange Rate At 4.3733
Romania’s leu was stable against the euro by midday Friday and the central bank’s reference gained modestly to 4.3733 units, from 4.3741 units a day earlier.
EU Funds Sit In Brussels’ Vaults And Treasury Pays For EU-Funded Projects Instead
The Finance Ministry will request the government to allocate 2.4 billion lei (EUR550 million) for loans to the EU fund management authorities in the second quarter, after such loans from the...
Leu Opens Flat Vs Euro, In Quiet Market
The Romanian leu opened flat against the euro Friday and saw some minor oscillation, as the market stayed quiet and low volumes were traded.