Banks-Insurance
Deloitte: Central Europe Equity Funds Prepare New Acquisitions
Central European equity funds, including those operating in Romania, are more optimistic about economic outlooks in the region this year, seeking new investments over the next six months, co...
Vienna Insurance Group Posts EUR5M Loss In Romania In 1Q
Vienna Insurance Group (VIG) reported a loss before taxes of EUR5 million in Romania in the first quarter, compared to a profit of EUR7.4 million in the same period a year ago, as gross unde...
Leu Stays In Ranges Vs Euro, Exchange Rate Flat At 4.1051
Romania’s leu traded in ranges against the euro in mid session Tuesday and the central bank’s reference barely changed on the day at 4.1051 units, from 4.1054 units Monday.
Nobody Knows Exactly When First Home Will Resume
The time when the "First Home" scheme will be resumed, with the state only guaranteeing for 50% of the amount granted as part of the mortgage loan scheme, is still unknown even after the Fin...
Leu Ends Up Vs Euro, In Line With Region
The Romanian leu continued its upward trend in late session Monday and closed stronger against the euro, in line with the other currencies in the region.
Romania Sells RON1.1B In 6-Month T-Bills; Average Yield Falls To 6.29%
Romania’s Finance Ministry on Monday sold 1.12 billion lei (EUR272.8 million) in six-month treasury bills, at an average yield of 6.29% a year, lower than at the previous auction.
Generali Romania’s Underwritten Premiums Down 15.6% In 1Q, To RON96.6M
Romanian insurer Generali Romania’s underwritten premiums decreased by 15.6% in the first quarter of 2011, to 96.6 million lei (about EUR24 million), from RON114.5 million in the same interv...
Leu In Ranges, Exchange Rate At 4.1054 Vs Euro
Romania’s leu kept its early gains against the euro in mid-trade Monday, and the central bank’s reference was little changed at 4.1054 units, from 4.106 units in the previous session.
Allianz-Tiriac Subscribed Premiums Worth RON256.4M In 1Q, Down 7% On Year
Romanian insurer Allianz-Triac Asigurari’s underwritten premiums decreased 7% in the first quarter of the year, to 256.4 million lei (about EUR63 million), from RON277 million in the same in...