Banks-Insurance
Popa, BNR: I Envy Daily Mail For Its Sources
Romanian central bank BNR doesn’t publish segmented data regarding worker remittances from abroad, deputy governor Cristian Popa said Friday, in reply to a story run by British newspaper Dai...
Leu Closes Slightly Higher Vs Euro In Quiet Trade
Romania’s leu lost early gains versus the euro in late trade Friday, but managed to close a touch higher on the day, amid a quiet session.
Romania’s EUR1.5B Bond Appealed Mostly To British, US Investors
Romania’s EUR1.5 billion eurobond issue that closed Thursday appealed mostly to investors in the UK, Ireland and the US, which bought together 50% of the debt, bankers familiar with the matt...
Greek-Owned Banks Are Solid - BNR Deputy Governor
Romanian banks with Greek shareholders are solid and they can cope with the Greek crisis, which makes them attractive for investors, but the parent companies aren’t showing any intention to...
Romania's GDP Growth Could See Downside Pressure If EU Recovery Sluggish
Romanian economic growth could come under slight downward pressure from declining trade with northern European states, particularly Germany, but the year-end figure should be close to offici...
Popa, BNR: Romania Contemplates Issuing US Dollar-Denominated Bonds
Romania’s Finance Ministry will analyze the opportunity to issue US dollar-denominated sovereign bonds, following increasing interest from American investors at an international debt sale Th...
Leu In Ranges Vs Euro, Exchange Rate At 4.1556
Romania’s leu traded in ranges against the euro in mid session Friday and the central bank’s reference strengthened nearly 0.4% at 4.1566 units, from 4.172 units a day earlier.
Liquidators Make Final Attempt To Sell-Off Bankrupt City Mall
Bucharest shopping center City Mall failed to attract investors at a fourth auction following the company’s bankruptcy in November last year and liquidators are making a final attempt before...
Leu Opens Higher Vs Euro In Quiet Market
Romania’s leu advanced versus the euro Friday morning and traded near 4.155 units for the first part of the session, amid a quiet market.