Banks-Insurance
BNR Keeps An Eye On Greek-Owned Banks, No Help Needed - Supervisory Chief
Greek-held local banks are not affected by the problems faced by their shareholders in their countries of origin, where customers are moving their deposits abroad, and they have sufficient l...
Past Due Loans Up To 15% In Economically Weak Counties
A rising number of clients are having trouble repaying their loans, so that overdue installments have already climbed to 14-15% of overall funding released by banks in less economically deve...
Piraeus Bank Romania Stays In Black, But Profit Falls 40% In First Quarter
Piraeus Bank, local subsidiary of Greek financial group Piraeus, ended the first quarter of this year with a gross profit of just over EUR6 million, 40% lower than in the similar period of 2...
Volksbank Romania's Assets Fell To EUR4.7M In March
Austrian financial group Volksbank Friday said its Romanian net asset value fell to EUR4.7 billion in March from EUR4.8 billion at the end of 2010.
Leu Ends Flat Vs Euro, In Line With Region
The Romanian leu closed flat against the euro Friday, at 4.128/4.13 units, after having reached a low of 4.133/4.135 units in late trade.
Piraeus Bank Romania 1Q Pretax Profit Falls To EUR6.6M
Piraeus Bank Romania posted a profit before taxes of EUR6.6 million in the first quarter, compared to EUR10.3 million in the same period of 2010, the bank's chief executive officer Catalin P...
Private Pension Funds' Net Assets Seen At 1.35% of GDP By Yearend
The net assets of Romania’s private pension funds will reach 1.35% of the gross domestic product by the end of the year, from 0.96% at the end of March 2011, according to estimations of pens...
Romania To Start Road-show For International MTN Issue June 6
Romania will start on June 6 the road-show presentations for a first international issue of its planned EUR7 billion medium term notes (MTNs) program, market sources told MEDIAFAX Friday.
Leu In Ranges, Exchange Rate At 4.1315 Vs Euro
The Romanian leu lost early gains against the euro in mid-trade Friday, on deteriorating sentiment in the region, but the central bank's indicative gained slightly to 4.1315 units, from 4.13...