Capital Market
BNR Injects RON3.25B In 8-Day Repo
Romania's central bank (BNR) Monday pumped 3.25 billion lei (EUR0.75 billion) into the market in an eight-day repurchase agreement operation at an interest rate of 6% a year, equal to the mo...
Leu Exchange Rate Hits 2-Month High Of 4.3146 Vs Euro
Romania’s leu extended early gains versus the euro by midday Monday and the central bank’s reference strengthened 0.6% to 4.3146 units, the strongest rate in two months.
Moody’s Puts BRD On Review For Downgrade
Moody's Investors Service placed under review for downgrade the ratings of Romanian bank BRD-Groupe Societe Generale (BRD.RO), following the recent downgrade of French parent bank's ratings.
Erste Widens Its Stake In BCR To 88%
Austrian Erste Group Bank (EBS.RO) on Monday announced it has taken over another 6% in Romanian lender BCR, following deals struck with the five regional investment funds, or SIFs, widening...
SIF Oltenia Contributes RON37.1M To BCR Share Capital Hike
Regional investment fund SIF Oltenia (SIF5.RO), the only SIF not to sell its BCR stake to Austrian Erste, contributed 37.1 million lei (EUR8.54 million) to a share capital increase at the Ro...
Leu Opens Mildly Stronger Vs Euro, On Pre-Holiday Exchanges
The leu opened Monday a bit stronger against the euro, aided by low-volume euro sales seen by dealers as the actions of Romanians abroad who are coming home for the holidays.
Bucharest Stocks Open Down, In Quiet Market
The Bucharest bourse opened Monday with a decline, on very low traded volumes, with the large part of investment foucusing on the main investment funds.
Finance Ministry Wants To Extend Maturities Of Government Securities
The Finance Ministry will expand maturities of government securities, according to the requests of institutional investors and can even launch “specific instruments,” according to investor r...
EBRD To Invest EUR6.8M In Romania’s First Recycling Park
The European Bank for Reconstruction and Development will invest EUR6.8 million in the Green Group recycling park in Romania, the first such park in the country, the bank said in a statement...