Banks-Insurance
Banks Granted EUR1B Mortgage Loans Last Year
Loans granted by Romanian banks for home acquisitions rose by EUR1 billion last year, reaching the equivalent of EUR7.75 billion, according to data from central bank BNR.
US Investors Throw $7B At Romania, Finance Ministry Takes Only $1.5B
Romania’s Finance Ministry attracted the highest financing offer in dollars ever registered by a country in the region.
Romania Sells $1.5B 10-Year Dollar Bonds At 6.87% Yield
Romania sold 10-year bonds worth $1.5 billion in its first auction on the American market in 16 years, at an annual yield of 6.875%, deputy finance minister Bogdan Dragoi said Tuesday.
Romania Launches 10-Year Dollar Bond Issue, Sets Price At 7%
Romanian Finance Ministry has launched a 10-year US dollar-denominated bond issue at an initial price guidance of around 7%, deputy finance minister Bogdan Dragoi told Ziarul Financiar Tuesd...
Mandatory Private Pension Funds Posted 11.7% Yield In May '08-Dec '11
The weighted average yield of Romania's mandatory private pension funds (Pillar II) between May 2008 and December 2011 was 11.7%, more than double the annual average inflation rate for the p...
Leu In Ranges Vs Euro, Exchange Rate At 4.3433
Romania’s leu traded near 4.345 per euro by midday Tuesday and the central bank’s reference weakened to 4.3433 units, from 4.334 units a day earlier.
Romania Plans To Sell RON5B State Paper In February
Romania’s Finance Ministry plans to sell state paper worth 5 billion lei (EUR1.15 billion) in February, compared with RON9.9 million sold in the previous month, ministry data showed Tuesday.
Leu Weakens Slightly Vs Euro, On Low Volumes
The Romanian leu weakened slightly against the euro in early trade Tuesday, on low transferred volumes, while the other currencies in the region were stable.
Romania To Include EU Fiscal Rules In Constitution By End-2013 – President
Romanian President Traian Basescu said late Monday, after the European Council informal meeting in Brussels, that Romania needs to adopt the EU financial stability treaty through its Constit...