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Romania's Annual Inflation Seen Easing To 2.5% In March
Macroeconomics

Romania's Annual Inflation Seen Easing To 2.5% In March

Romanian annual inflation rate is likely to ease further to a fresh record low of 2.5% in March, according to a median forecast of the country’s association of financial and banking analysts...

Florentina Dragu · 06.04.2012 · 14:16 · 1 min
Leu Reverses Early Losses Vs Euro, Exchange Rate At 4.3711
Capital Market

Leu Reverses Early Losses Vs Euro, Exchange Rate At 4.3711

Romania’s leu reversed early losses against the euro by midday Friday and the central bank’s reference strengthened slightly to 4.3711 units, from 4.373 units a day earlier.

Florentina Dragu · 06.04.2012 · 13:25 · 1 min
Capital Market

Leu Stable Vs Euro In Early Trade

Romania’s leu edged lower against the euro at opening Friday and traded in a narrow range in early action, amid a quiet market.

Florentina Dragu · 06.04.2012 · 11:06 · 1 min
Mortgage Lending Growth Slows Down In February
Banks-Insurance

Mortgage Lending Growth Slows Down In February

The mortgage lending growth pace in February was half the monthly average of 2011, because not even government-secured loans are drawing customers to banks.

Radu Bostan · 06.04.2012 · 00:00 · 1 min
Banks-Insurance

What’s Left Of MKB Romexterra After Three Years Of Crisis

MKB Romexterra has focused on cleaning up its loan portfolio over the past two years and is now getting ready to resume sales of loans to small companies and consumers.

Radu Bostan · 06.04.2012 · 00:00 · 3 min
PineBridge Investments-Backed Consortium Buys 92.4% In Romania MKB Romexterra Bank
Banks-Insurance

PineBridge Investments-Backed Consortium Buys 92.4% In Romania MKB Romexterra Bank

Hungary’s MKB Bank Zrt Thursday signed an agreement with a consortium of investors backed by international asset management company PineBridge Investments to sell its 92.4% stake in Romanian...

Florentina Dragu · 05.04.2012 · 17:27 · 1 min
Capital Market

Leu Closes Up Vs Euro In Quiet Market

Romania’s leu closed slightly higher against the euro amid low volumes Thursday, after an uneventful session.

Florentina Dragu · 05.04.2012 · 17:24 · 1 min
Romania Sells RON1.5B 4-Year Bonds At 6.06% Average Yield
Banks-Insurance

Romania Sells RON1.5B 4-Year Bonds At 6.06% Average Yield

Romania’s Finance Ministry on Thursday sold 1.5 billion lei (EUR343 million) in four-year bonds, at an average yield of 6.06% a year, central bank data showed.

Florentina Dragu · 05.04.2012 · 16:08 · 1 min
Ungureanu: Romania Keeps Taxation System Unchanged In 2012
Banks-Insurance

Ungureanu: Romania Keeps Taxation System Unchanged In 2012

Romanian Prime Minister Mihai Razvan Ungureanu said Thursday on public radio the Government will bring no changes to the current taxation system until the end of 2012.

Ecaterina Craciun · 05.04.2012 · 14:18 · 1 min