Banks-Insurance
Banks Have 2,000 Properties For Sale And Start To Cut Asking Prices
Almost 2,200 homes and plots of land, as well as retail space and factories, are currently for sale on the websites of the largest local banks. The number of ads is more than double compared...
Banks And Leasing Companies Control Insurance Brokerage Market
Companies affiliated to banks and to leasing companies control the insurance brokerage market, as access to an extensive territorial network and exclusivity over hundreds of thousands of lea...
Leu Closes Flat Vs Euro On Low Volumes
Romania’s leu retreated modestly against the euro in late trade Wednesday, amid low levels, and closed little changed on the day at 4.2325/4.2335 units, from 4.2325/4.235 units a day earlier...
Romania Sells EUR462.6M 4-Year Forex Bonds At 4.85% Yield
Romanian Finance Ministry Wednesday sold EUR462.6 million in four-year foreign currency bonds, below the planned amount, at an average yield of 4.85% a year.
Finance Ministry Plans To Sell State Notes Worth RON4B In August
Romania’s Finance Ministry plans to sell state paper worth 4 billion lei (EUR945 million) in August, slightly down from RON4.24 billion sold a month earlier, ministry data showed Wednesday.
Leu In Ranges Vs Euro, Exchange Rate At 4.2323
Romania’s leu traded in ranges versus the euro by mid-session Wednesday, while the central bank’s reference strengthened 0.4% to 4.2323 units, from 4.25 units a day earlier.
One Fifth Of Loans In Bistrita And Galati Are Overdue
Almost one fifth of loans taken out by individuals and by companies in counties such as Bistrita, Galati and Ialomita are overdue, double the national average.
Seven BCR Managers Received Over EUR4M Pay For Last Year
BCR, the largest bank on the Romanian market, last year paid gross salaries worth a total of EUR1.7 million to a group of seven people in the management team and to people with exceptional c...
Finance Ministry Refinances Only EUR600M Of Its EUR2.5B Maturing Debt
The Finance Ministry plans to sell EUR600 million at a four-year foreign currency bonds auction Wednesday, a few days before it has to repay a bond issue worth EUR1.21 billion and a EUR1.26...