Banks-Insurance
BRD Is Not Planning Any Layoffs - Official
Romanian lender BRD-Groupe Societe Generale (BRD.RO) has not laid off any staff and it is not planning staff cuts, Monday said Sorin Popa, executive officer within the bank, answering media...
RBS Romania Lends EUR32M To Hidroelectrica
RBS Romania will grant a one-year loan worth EUR32 million to state-owned hydropower producer Hidroelectrica, to finance working capital needs.
Raiffeisen Leasing Financing On Romanian Market Up 80% In 1H, To EUR36.4M
Raiffeisen Leasing financed goods worth a total EUR36.4 million in the first half of 2011, up 80% from June 2010, while the Romanian market grew by 22%, the company announced Monday.
Leu Dips Vs Euro On Low Volumes
Romania’s leu recovered slightly against the euro in late trade Monday, but closed 0.2% weaker amid a negative sentiment in the region, on low volumes.
Romania Sells RON1.2B 1-Year T-Bills At 6.76% Average Yield
Romania’s Finance Ministry on Monday sold a planned 1.2 billion lei (EUR280 million) in one-year treasury bills, at an average yield of 6.76% a year, slightly higher than at the previous auc...
Visa: Only 2.2% Of Romanian-Issued Cards Are Protected Against Internet Fraud
Internet card payments are secure and easy, but only 2.2% of the cards issued in Romania have been activated for the fraud protection system, said Catalin Cretu, Visa Europe general manager...
Leu Exchange Rate Falls To 4-Week Low Of 4.2805 Vs Euro
Romania’s leu traded near 4.28 per euro in the first half of Monday’s session and the central bank’s reference weakened 0.35% to 4.2805 units, the lowest rate in one month.
Altur To Take Out RON14M Loan From Raiffeisen Bank
Romanian car parts maker Altur Slatina (ALT.RO) on Monday said it will take out a 14 million lei (EUR3.28 million) loan from Raiffeisen Bank, to upgrade production.
Raiffeisen Bank Romania Gets EUR150M Syndicated Loan
Raiffeisen Bank Romania has taken out a syndicated loan worth EUR150 million to finance lending, people familiar with the matter told MEDIAFAX Monday.