Banks-Insurance
Leu Dips Vs Euro In Quiet Market
Romania’s leu weakened slightly against the euro amid a quiet market Wednesday, tracking the currencies in the region, and closed at 4.3625/4.364 units, from 4.359/4.36 units a day earlier.
IMF Team To Visit Romania January 25 - February 6
A delegation of the International Monetary Fund will visit Romania between January 25 and February 6 for the fourth review of a EUR3.5 billion precautionary agreement signed last spring.
BRD Shares Worth RON11M Sold On Bucharest Bourse's Deal Market
Two stakes in Romanian lender BRD-Groupe Societe Generale (BRD.RO) were sold Wednesday on the Bucharest Stock Exchange’s deal market for a total 10.9 million lei (EUR2.5 million).
BNR Attends Vienna Bank Summit To Discuss Capital Rules
Bank officials from 17 countries met in Vienna Wednesday to discuss the effects of the new capital requirements imposed by the European Union, an official of the Romanian central bank BNR sa...
Leu Exchange Rate Falls To 4.3627 Vs Euro
Romania’s leu traded near 4.365 per euro by midday Wednesday and the central bank’s reference weakened slightly to 4.3627 units, a new record low in the last 18 and a half months.
Online Payments In Romania Up 24% In 2011 To EUR158.9M
Online card payments in Romania in 2011 grew 24% on the year to EUR158.9 million, according to the data of card payment processor Romcard, cited by e-commerce solutions provider ePayment in...
Eurozone Debt Crisis, All-time High Exports Lift Forex Market
With two months - October and November - in which the volume of transactions exceeded the EUR40 billion mark, the interbank forex market did not match the all-time record hit in October 2008...
"First Home" Failure: Only 150 Customers Took Loans In Lei
Bankers sold almost EUR540 million worth of loans through the “First Home 4” scheme, one third of the value of the loans granted in the previous three iterations. Only 150 customers of a tot...
Raiffeisen Bank International Funds Promenada Mall With EUR95.5M
Raiffeisen Bank International will fund the Promenada Mall project in northern Bucharest with EUR95.5 million, according to Raiffeisen evolution, developer of the shopping center.