Banks-Insurance
Leu Ends Flat Vs Euro In Thin Pre-Xmas Trading
Romania’s leu lost earlier gains versus the euro in late trade Friday and closed flat on the day at 4.2945/4.296 units, amid low volumes.
Romania Hires KPMG To Assess Posta Romana Ahead Of Privatization
Romania's IT&C Ministry has selected audit and advisory firm KPMG Romania for the evaluation of the state-run postal company Posta Romana in view of privatization, the ministry said Friday.
Moody’s: Continued Fiscal Prudence, GDP Growth May Boost Romania Ratings
Maintaining a prudent fiscal policy in the medium term and evidence of accelerating economic growth may prompt a positive revision of Romania’s sovereign ratings in the future, Moody’s Inves...
Leu Exchange Rate Hits 3-Month High Of 4.2912 Vs Euro
Romania’s leu continued its rally against the euro by midday Friday and the central bank’s reference strengthened for the sixth day in a row to 4.2912 units, the highest rate in three months...
Banks Promote Loans In Lei For Lack Of A Better Option
Threatened with the loss of foreign funding, bankers have decided to launch more aggressive offers for loans in lei to persuade customers to borrow in local currency after the central bank (...
Burnout In Banks Is Very Common, Those Who Leave The System Do It For Good
Each employee in Banca Transilvania’s front office interacts with an average 100 clients per day and the burnout in the banking sector is at record highs, which prompts some employees to tur...
Romanians Among EU Citizens Most Dissatisfied With National Economy - Survey
Romanians are among the EU citizens most dissatisfied with their country’s economy, according to a Eurobarometer survey released Thursday.
State Companies Might Be Again Forced To Transfer 90% Of Profit To State Budget
The Romanian Government wants to force state companies and autonomous departments again to transfer 90% of their profit to the state budget, people close to the matter told MEDIAFAX Thursday...
Leu Strengthens Vs Euro Amid Falling Volumes
Romania’s leu advanced against the euro in late trade Thursday and closed 0.2% stronger on the day at 4.295/4.297 units, amid slightly lower volumes.