Banks-Insurance
Bankers Raise Leu Consumer Loan Rates Again
Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The ex...
Analysts Say Listed Banks Are Showing Signs Of Recovery
Analysts say there are signs of recovery in the results of listed banks, but have mixed opinions as to the growth potential of their shares, with some deeming them quite expensive.
Leu Ends Down Vs Euro, Attuned To Region
Romania’s leu weakened against the euro in a quiet market Tuesday, tracking the currencies in the region, and closed at 4.2365/4.2385 units, from 4.2215/4.224 a day earlier.
Romania's Public Debt Nears RON201B In May
Romania’s public debt rose to 200.6 billion lei (EUR47.3 billion) in May, from roughly RON195.5 billion a month earlier, Finance Ministry data showed Tuesday.
SSIF Broker Cuts BRD, Banca Transilvania Target Prices
Romanian brokerage house SSIF Broker (BRK.RO) Tuesday revised downward its 12-month target price for lenders BRD-Groupe Societe Generale (BRD.RO) and Banca Transilvania (TLV.RO), citing unfa...
Leu Trades At 4.2356 Vs Euro, Falls To All-Time Low Vs Swiss Franc
Romania’s leu widened early losses against the euro by mid trade Tuesday, amid rising aversion to risk, and the central bank’s reference weakened 0.26% to 4.2356 units, from 4.2246 units a d...
PAID Pays First Total Damage Claim For Mandatory Home Insurance Policy
Romanian insurer PAID on Monday paid the first total damage claim for a building insured through a mandatory policy, worth EUR20,000, for a house in Avrig, Sibiu county, which was destroyed...
Leu Falls Vs Euro, Mirroring Regional Currencies
The Romanian leu fell against the euro in early trade Tuesday, in line with the currencies in the region, on a negative sentiment triggered by renewed fears about sovereign debts in eurozone...
BRD Remains Most Profitable Bank On The Market
BRD-SocGen reported a net profit of 159 million lei (EUR38 million), up 30% on the first quarter, but around 5% lower than the result posted in the similar period of 2010.