Banks-Insurance
Leu Ends Up Vs Euro, On Low Volumes
The Romanian leu closed stronger versus euro Monday, after a quiet session with very low volumes transferred.
Romania Rejects All Bids In 1-Year T-Bills Sale
Romania’s Finance Ministry Monday rejected, for the first time since March, all bids in a 900 million lei (EUR211.2 million) one-year state paper auction, central bank data showed.
Leu Strengthens Slightly, Exchange Rate At 4.2611 Vs Euro
The Romanian leu kept its early gains against the euro in mid-trade Monday, and the central bank’s reference rate strengthened to 4.2611 units, from 4.2669 units Friday.
Eureko Asigurari’s 1H Underwritten Premiums Up 9.6%, To RON21.8M
Romanian insurer Eureko Asigurari’s gross underwritten premiums climbed 9.6% in the first half of the year compared to the same interval a year ago, to 21.8 million lei (about EUR5.1 million...
ING Bank Romania Pretax Profit Up 8% In 1H
Romanian lender ING Bank registered pretax profit of 65 million lei (EUR15 million) in the first six months of 2011, according to IFRS, up 8% compared to the same period of 2010, on lower pr...
First Home IV Program Issued 4,170 Loan Guarantees, For EUR160M
Romanian Prime Minister Emil Boc said Friday that 4,173 loan guarantees, worth a total EUR160 million, have been granted so far through the "First Home 4" program, including EUR80 million fr...
Leu Closes Down Vs Euro Amid Low Volumes
Romania’s leu depreciated against the euro Friday, amid low volumes, and closed 0.3% weaker at 4.272/4.274 units, from 4.259/4.261 units a day earlier.
Romanian Private Pension Funds' Net Assets Rise 3.2% In July, To RON5.94B
The net assets of Romania’s mandatory private pension funds (Pillar II) and voluntary pension funds (Pillar III) hit 5.94 billion lei (about EUR1.4 billion) at the end of July, up 3.2% from...
Euroins Romania 1H Underwritten Premiums Down 19% To RON107.6M
Insurer Euroins Romania underwrote premiums of 107.64 million lei (about EUR25.22 million) in the first half of the year, down 19% compared to the same interval in 2010, due to a decrease re...