Banks-Insurance
Austria’s Erste 1H Net Profit Rises 5.2% To EUR496.3M
Austria's Erste Group Bank AG (EBS.RO) Friday said its first-half net profit rose 5.2% on the year to EUR496.3 million on solid operating result and lower risk costs.
Central Bank To Leave Key Rate Unchanged At 6.25% - Poll
The central bank is likely to leave its key rate unchanged for the tenth straight time at 6.25% a year at its next monetary policy meeting August 3, the association of financial and banking...
BCR's Net Profit Up 8% On Quarter To RON82 Mln In 2Q
Romanian banking group BCR Friday reported a second-quarter consolidated net profit of 82 million lei (EUR19.7 million), up 8% compared with the previous quarter, but only a third of the res...
Romanians Keep Kilos Of Gold In Swiss Banks
Certinvest, the largest independent asset manager providing personalized services, bought more than ten kilos of gold worth an estimated EUR350,000 for some of its clients looking for an inv...
Leu Closes Down Vs Euro In Quiet Market
Romania’s leu weakened against the euro Thursday and closed 0.34% lower at 4.247/4.25 units, amid low volumes.
Millennium Bank Romania First-Half Loss Narrows To EUR10M
Millennium Bank Romania, a unit of Portugal’s largest listed bank Millennium bcp, Thursday reported a loss of EUR10.1 million in the first six months, narrower from EUR13.1 million in the ye...
Leu Stable In Mid-Trade, Exchange Rate Weakens 0.3% To 4.2445 Vs Euro
Romania’s leu traded in ranges against the euro by mid-session Thursday and the central bank’s reference weakened 0.3% to 4.2445 units, from 4.2323 units a day earlier.
Oltchim Seeks Loans Worth EUR250M For Investments, Working Capital
Romanian chemical company Oltchim (OLT.RO) plans to take out loans worth a total EUR250 million, to fund investment and working capital, according to its shareholder meeting summoning announ...
Leu Down Vs Euro In Early Trade, On US Debt Worries
The Romanian leu opened weaker versus the euro Thursday, on negative sentiment caused by the political deadlock on the debt ceiling in the United States.