Banks-Insurance
Vest Energo Seeks EUR35M Loan For Investments In Power Projects
Romanian energy producer Vest Energo Bucharest (VESE.RO) plans to borrow EUR35 million for investment in electricity and thermal power production in cogeneration.
Raiffeisen Ups Banca Transilvania’s Target Price To RON1.68
Raiffeisen Capital&Investment Wednesday raised by 6% to 1.68 lei (EUR1=RON4.114) a share its 12-month target price on Romanian lender Banca Transilvania (TLV.RO), citing positive performance...
Romania's Current Account Deficit Shrinks To EUR44M In Jan-Feb
Romania's current account deficit narrowed to EUR44 million in January to February, from a gap of EUR747 million in the year-earlier period, on a much lower trade deficit, central bank data...
UniCredit Tiriac Bank Eyes Doubling Retail Customers By 2015
Romania’s UniCredit Tiriac Bank estimates its retail portfolio will double to over 1,000,000 clients until 2015, while the territorial network is expected to exceed 540 units, chief executiv...
Man Robs Bank In Bucharest, Holds Cashiers At Gunpoint
An unidentified man wearing a ski mask robbed a bank in Romania’s capital city Thursday morning, holding the cashiers at gunpoint.
Lower FX Reserve Requirements Give Banks More Flexibility - Central Banker
Romanian central bank’s decision to lower minimum reserve requirements for hard currency liabilities aims to increase liquidity in the market and give more flexibility to local banks, centra...
Central Bank Readies Measures To Discourage FX Household Lending
The Romanian central bank is preparing a set of measures to discourage foreign currency borrowing among people who get their paychecks in lei, central bank governor Mugur Isarescu said in an...
Overnight Deposits At Romania Ctrl Bank Rise To RON14.5B In March
Overnight deposits at Romania’s central bank reached a combined amount of 14.15 billion lei (EUR1=RON4.1147) in March, more than double on the month, central bank data showed Tuesday.
EIB Lends Romanian BCR EUR75M To Fund SMEs
Romanian lender BCR on Friday said it has taken a EUR75 million loan from the European Investment Bank, to finance small- and medium-sized companies, as well as public sector authorities.