Banks-Insurance
BNR Adds RON5.2B Liquidity To The Market
Romania's central bank (BNR) Monday injected 5.2 billion lei (EUR1.1 billion) into the market in a one week repurchase agreement operation at an interest rate of 5.5% a year, equal to the mo...
Leu Stable Vs Euro In Early Trade, Peers Weaken
The Romanian leu opened Monday a bit stronger against the euro, in a quiet market, while other currencies in the region were weakening on fears of the eurozone debt crisis.
BRD Starts Fight Over Market Share
BRD-SocGen, the second largest bank on the local market by assets and the best profit maker, will drop the strategy used in the past two years when it protected profitability at all costs, a...
ING: Romania’s Banking Market May See Third Year Of Loss In 2012
Romania’s banking system might see red in 2012 as well, for the third consecutive year, and players with considerable losses will most likely need additional capital, according to Florin Ili...
Romanian FinMin: New Fiscal Treaty To Prevent Fiscal Slippages
The decision to sign the European Union’s new fiscal stability treaty reflects Romania’s commitment to strengthen its public finances and implement healthy policies, Finance Minister Bogdan...
Leu Ends Flat Vs Euro In Sleepy Session
Romania’s leu closed flat against the euro after an uneventful session Friday, amid low volumes.
Basescu: Romania To Replace Short-Term Debt With Longer-Term Treasuries
Romania aims to change the structure of its public debt and plans to extend the maturity of its securities to avoid short-term upside pressures on the state budget, President Traian Basescu...
Government: Romania Will Ratify EU Fiscal Treaty This Year
The EU's fiscal stability treaty will apply in its entirety to the signatory member states that are in the euro zone, but Romania, which has not yet adopted the euro, can choose when to rati...
Leu Exchange Rate Dips To 4.3493 Vs Euro
Romania’s leu traded near 4.35 per euro by midday Friday, while the central bank’s reference barely moved to 4.3493 units, from 4.3488 units a day earlier.