Banks-Insurance
Romanian Prime Minister Considering Resignation
Romanian Prime Minister Emil Boc on Monday told leaders of the ruling coalition he is considering resignation, people close to the matter told MEDIAFAX.
Romanian Central Bank Has A Program To Encourage Lending In Lei
The three consecutive cuts of the key monetary policy rate from 6.25% to 5.5% made by the central bank since November last year and the constant liquidity boosts through repurchase agreement...
Interest Rates Are Declining Slowly, But Loans Are Still More Expensive Than In 2010
Romania's central bank (BNR) has managed, by easing its monetary policy, to make loans cheaper in December than in previous months, but interest rates are still above the level recorded at t...
IMF Mission To Recommend Approving New Loan Tranche For Romania
The International Monetary Fund's evaluation mission in Romania will recommend to the board approving the next tranche, worth EUR505 million, of the precautionary agreement, mission chief Je...
SIF Muntenia Gets 0.38% In Erste For Another Batch of BCR Shares
Romanian regional investment fund SIF Muntenia (SIF4.RO) Friday said it will transfer 190.23 million shares of its remaining stake in Banca Comerciala Romana (BCR) to Erste Group Bank (EBS.R...
Transelectrica Has Maxed Out Its Credit Card
Romanian state-run power grid operator Transelectrica (TEL.RO) has maxed out its capacity to borrow money from banks and is looking for alternative resources to finance its planned investmen...
Leu Ends Higher Vs Euro Amid Low Volumes
Romania’s leu returned to gains versus the euro in late trade Friday and closed slightly stronger on the day, amid low volumes.
Leu Exchange Rate Modestly Higher At 4.3467 Vs Euro
Romania’s leu edged lower against the euro in mid trade Friday, but the central bank set a reference rate for the national currency of 4.3467 units, slightly stronger from 4.347 units a day...
Romania To Tap US Debt Market Again - Finance Minister
Romania wants to tap again the US debt market, following a successful 10-year bond sale earlier this week, Finance Minister Gheorghe Ialomitianu said Friday.