Banks-Insurance
“First Home” Remains An Option Only For Clients Who Cannot Afford A Higher Down Payment
“First Home” state-guaranteed mortgage loans remain an option only for clients who cannot afford to pay a 10% or 15% down-payment on the value of the purchase, since there is almost no price...
Four Mutual Super-Funds Raised EUR1B From Investors
BCR Obligatiuni is the latest entrant in the league of the largest mutual funds, also called super-funds, with assets of more than 1 billion lei (EUR240.5 million).
May Volatility Fails To Revive Forex Market Transactions
The forex market did not go much past the EUR35 billion level in traded volume in May either, after the market had hovered around this value in the past four months, despite the higher leu v...
General Insurance Not Picking Up After Q1 Fall
General insurers’ turnover is likely to slide by 5-10% this year, as April and May did not bring a sales rebound either, companies say.
BNR Survey: Consumers Will Find It Easier To Take Out Loans This Summer
Individual clients could borrow more easily from banks this summer because lenders are set to ease access to both consumer and real estate loans, according to a survey conducted by the Natio...
City Mall Fails To Find Buyer For Fourth Time
Bucharest’s bankrupt shopping center City Mall failed again to find a buyer at the fourth auction scheduled at the end of last week.
Romania Borrows EUR11.5B In Five Months To Keep Going
The record-high EUR1.5 billion raised by the Finance Ministry last week from the foreign markets brings to over EUR4.5 billion the foreign currency debt accumulated by Romania since the begi...
Public Procurement Watchdog Limits Duties Of Management Authorities
Romania’s National Authority for the Regulation and Monitoring of Public Procurement (ANRMAP) limited the duties of management authorities regarding checkups on procedures to award EU-funded...
Fitch Rates Romania's EUR1.5B 5-Year Bond Issue 'BB+'
Fitch Ratings on Friday said it has assigned a rating of BB+ to Romania's EUR1.5 billion Eurobond, the first issue of the country's EUR7 billion medium term notes (MTN) program.