Banks-Insurance
Fondul Proprietatea Buys Back 0.1% Stake For RON6.1M
Investment fund Fondul Proprietatea (FP.RO) bought back 0.1% of its shares last week, for 6.1 million lei (some EUR1.4 million), leaving fund manager Franklin Templeton with just RON11.35 mi...
ATE Bank Romania Plans RON84M Share Capital Hike, To RON221M
ATE Bank Romania on Tuesday said it plans a share capital increase of 84.4 million lei (EUR20 million), to RON221 million, which will be subscribed entirely by Greek parent group ATE Bank if...
Leu Gains Inches Vs Euro, On Low Volumes
The Romanian leu closed slightly stronger against the European currency Tuesday, on euro buy orders placed for corporate clients, in a quiet market.
UNSAR Members' 1H Underwritten Premiums Down 8.7%, To RON3.3B
Insurers that make up the National Union of Insurance and Reinsurance Companies in Romania (UNSAR) underwrote premiums of 3.3 billion lei (about EUR773 million) in the first six months of th...
Romania Sells RON700M 1-Year T-Bills; Yield Rises To 6.6%
Romania’s Finance Ministry on Tuesday sold a planned 700 million lei (EUR164 million) in one-year treasury bills, at an average yield of 6.64% a year, higher than at the previous auction.
Allianz-Triac Asigurari’s Underwritten Premiums Down 15.2% In 1H, To RON460.3M
Romanian insurer Allianz-Triac Asigurari’s underwritten premiums decreased 15.2% in the first half of the year compared to June 2011, to 460.3 million lei (about EUR107.7 million), mainly du...
Leu Slightly Up Vs Euro, Exchange Rate At 4.2706
Romania’s leu maintained early gains versus the euro by mid trade Tuesday and the central bank’s reference strengthened 0.2% to 4.2706 units.
BNR Pumps RON3.2M In 7-Day Repo
Romania’s central bank Tuesday injected 3.2 million lei (EUR749.4 million) into the money market in a seven days repurchase agreement operation at an interest rate of 6.25% a year, equal to...
Romania Posts Smallest Annual Growth Of 2Q GDP In EU
Romania’s second-quarter gross domestic product grew at the lowest rate in the European Union member states for which data is available, according to data released Tuesday by the bloc’s stat...