Banks-Insurance
Radu Enache At His Fifth Sale&Lease Back Deal
Businessman Radu Enache, owner of the Continental hotel chain, sold the Ibis Hotel in Sibiu evaluated at EUR10 million in a sale&lease back deal, company officials say. The contract was sign...
Head Of Unicredit’s Retail: Expansion Stops, But Number Of Machines For Non-Stop Operations Will Rise
New types of deposits with maturities of two years and of eight months, mortgage loans meant to encourage financing in lei, supplying all branches with special machines for non-stop operatio...
Bank Of Cyprus 9-Month Profit In Romania Falls To EUR4.8M
Bank of Cyprus Wednesday reported a 33% drop in its after-tax profit in Romania to EUR4.8 million in the first nine months, from EUR7.2 million in the year-earlier period.
Swiss Capital Remains Top Broker In Bucharest In November
Swiss Capital, former KBC Securities Romania, continued to dominate the Bucharest bourse’s brokers chart for the eleventh consecutive month in November, with total deals worth 243.4 million...
Bank Leumi Romania 9-Month Loss Halves To RON12.3M
Bank Leumi Romania reported a loss of 12.3 million lei ($3.8 million) in the first nine months, half from RON24.8 million a year earlier, parent group Israeli Bank Leumi said in its financia...
Leu Ends Flat Vs Euro In Quiet Market
Romania’s leu moved in tight ranges against the euro Wednesday and closed flat on the day at 4.352/4.354 units, amid a quiet market, with dealers suspecting covert interventions from the cen...
Romanian Foraj Sonde Ernei Seeks RON64M Loan
Romanian oil drilling company Foraj Sonde Ernei (FOSP.RO) plans to borrow up to 64 million lei (EUR14.7 million) to finance investments, the company said in a statement Wednesday.
Piraeus Bank Romania Pretax Profit Falls To EUR120M In Jan-Sep
Piraeus Bank Romania, the local unit of Greek financial group Piraeus, reported a pretax profit of EUR120 million in the first nine months, down 18.4% from EUR147 million a year earlier, the...
RCS&RDS Gets EUR200M Syndicated Loan From BCR, CEC, Credit Suisse
Romanian internet and telecom operator RCS&RDS has taken out a EUR200 million syndicated loan from Banca Comerciala Romana (BCR), CEC Bank and Switzerland’s Credit Suisse.