Banks-Insurance
Leu Up Vs Euro After US Jobs Report
Romania’s leu moved higher against the euro in late trade Friday, tracking regional markets after the US authorities said companies increased their headcount by over 100,000 in September.
Minor BRD Stake Sold On Bucharest Bourse's Deal Market For RON23M
A 0.28% stake in lender BRD-Groupe Societe Generale (BRD.RO) was traded Friday on the Bucharest Stock Exchange’s deal market for 23.1 million lei (EUR5.3 million), 2.63% above the market pri...
Leu In Ranges Vs Euro, Exchange Rate At 4.3146
Romania’s leu traded around 4.31 per euro by midday Friday and the central bank’s reference weakened slightly to 4.3146 units, from 4.3128 units a day earlier.
IMF Delegation To Visit Romania October 25 - November 7
A delegation of the International Monetary Fund will visit Romania between October 25 and November 7 for the third review of a EUR3.5 billion precautionary agreement signed end March.
Leu Gains Modestly Vs Euro In Early Trade
Romania’s leu edged higher against the euro Friday morning and traded in narrow ranges in early session, with investors playing it safe ahead of a key US jobs report that will show how well...
Banks Become Largest Owner Of Real Estate Assets
After the wave of foreclosures and real estate development bankruptcies in the last two years, local banks have come to hold office buildings, apartments and plots valued at nearly EUR1 bill...
Private Health Insurers To Collect Social Healthcare Contributions
Every Romanian will choose from ten private health insurance houses that will compete against each other and will replace the National Health Insurance House (CNAS), the institution that col...
Loan Demand Slows Down In September
Bankers waiting for clients to buy loans started the autumn on the wrong foot as demand fell unexpectedly in September after it stabilized in the last six months.
Bank Leumi Posts RON11.7 Mln Loss In 1H, On Bad Loan Charges
Bank Leumi, the Romanian subsidiary of one of the largest Israeli-held financial groups, posted a loss of 11.7 million lei (EUR2.7 million) by international standards in the first half, up 4...