Banks-Insurance
Bankrupt City Mall Up For Sale Again With EUR21M Price Tag
Bucharest shopping center City Mall will be put up at auction for the fifth time on June 30, at a starting price of EUR20.96 million, down from around EUR24 million at the previous sale atte...
Raiffeisen Leasing Triples Turnover In Q1, To EUR17M
Raiffeisen Leasing expects to make profit this year, too, after having seen the value of funded goods triple in the first three months (it started, however, from a low base), as the rate of...
How Local Fund Managers See The Greek Crisis
The escalation of the Greek debt crisis has chased investors away from stock markets, which have suffered major corrections in the past few days. The stock exchanges could be appeased if Eur...
Greek Banks Invested Over EUR1B In Romanian Real Estate
The Greek banks on the local market--Bancpost, Alpha, Piraeus and Banca Romaneasca--have fed at least EUR1 billion into some of the most important real state projects carried out in Romania...
ING Has Several Major Corporate Financing Deals In Pipeline
The first three months of this year were frustrating as financing deals under discussion were making no headway, but several projects are nearing completion in summer, says Mihaela Bitu, ING...
Leu Falls 1.4% Vs Euro As Aversion To Risk Rises
Romania’s leu continued its retreat against the euro in late trade Thursday, tracking the currencies in the region, and closed nearly 1.4% weaker on the day at 4.231/4.234 units amid growing...
Georgescu: BNR Gets Weekly Reports From Greek Subsidiaries
The Romanian central bank (BNR) is keeping a close eye on Greek subsidiaries and has already taken preventive measures against potential financial slippages, first deputy governor Florin Geo...
Posta Romana To Set Up Bank, Insurance Broker - Communications Minister
Romania's Communications Ministry wants the national postal company Posta Romana to set up a bank and an insurance broker, operations which would enable it to better utilize its network and...
Romania Sells RON330M 5-Year Bonds At 7.34% Average Yield
Romania’s Finance Ministry on Thursday sold 330.2 million lei (EUR78.4 million) in five-year treasury bonds, a little over half of the planned amount, while the average yield remained unchan...