Banks-Insurance
Romania Sells RON1.64B 1-Year T-Bills At 6.85% Average Yield
Romania’s Finance Ministry on Monday sold 1.64 billion lei (EUR401 million) in one-year treasury bills, slightly above the planned amount, at an average yield of 6.85% a year.
Romania Has Enough Funds To Repay Forex Loans - Official
Romania has enough funds to repay some EUR2.5 billion foreign currency payments due in July and it doesn’t rely on the Wednesday auction to cover the amount, Finance Ministry state secretary...
BNR: Romania's Forex Reserves Fall To EUR32.1B In April
Romanian foreign exchange reserves fell to EUR32.07 billion in April from EUR32.77 billion a month earlier, central bank data showed Monday.
Leu Exchange Rate Weakens At 4.086 Vs Euro
Romania’s leu extended early losses against the euro in mid-trade Monday and the central bank’s reference weakened 0.3% to 4.086 units, from 4.0744 units in the previous session.
Analysts: BNR To Leave Key Rate Unchanged At 6.25% Tuesday
Romania's central bank is likely to leave its key rate unchanged for the eighth straight time at 6.25% a year during its next monetary policy meeting May 3, as it continues to battle high in...
OTP Bank In Talks To Buy RBS’ Romanian Unit - Sources
Hungary’s largest lender OTP Bank wants to buy the Romanian subsidiary of Royal Bank of Scotland and will make an offer shortly, people close to the negotiations said Friday.
Leu Closes Slightly Up Vs Euro On Higher Volumes
Romania’s leu gained modestly versus the euro Friday and closed stronger on the day at 4.0755/4.0765 units, amid higher volumes.
Banca Transilvania 1Q Net Profit Doubles To RON32M
Romanian lender Banca Transilvania (TLV.RO) Friday said its first quarter net profit nearly doubled on the year to 31.76 million lei (EUR7.8 million), on lower provisions and higher income f...
Insurer Uniqa Underwritten Premiums In Romania Fell 20% In 2010, To EUR61M
Premiums underwritten in Romania by Austrian insurer Uniqa dropped 20.4% in 2010, to EUR61 million from EUR76.6 million the year before.