Capital Market
Leu Opens Down Vs Euro, In Line With Region
The Romanian leu opened down against the euro Tuesday, and extended its loss in the first hour of trading, as the currencies in the region depreciated following a weak start of the European...
Erste Group Bank To Add EUR100M To BCR Share Capital
Erste Group Bank (EBS.RO) will increase the share capital of Romanian BCR by EUR100 million by the end of the year, through cash contribution, Monday said group representatives.
Rompetrol Rafinare Adds One Year To $1.2B Loan Return Deadline
Rompetrol Rafinare (RRC.RO), a unit of oil and gas group Rompetrol, has added one year to the deadline of a $1.2 billion loan taken from one of its shareholders.
Bucharest Stocks Close Down, Erste Loses 13%
The Bucharest bourse closed in the red Monday, with investors focused mainly on investment fund Fondul Proprietatea (FP.RO) and Erste Group Bank (EBS.RO).
Leu Ends Slightly Down Vs Euro, On Low Volumes
The Romanian leu traded in a narrow range throughout the Monday session and it closed slightly down versus the euro, on low traded volumes.
Open-End Fund Assets Rise 1.7% M-M In Sep, To RON7B
Romanian open-end investment funds reported cumulated net assets of 6.99 billion lei (EUR1.62 billion) in September, up 1.7% on the month, while foreign investment funds distributed on the l...
Romania Sells RON116.8M 1-Year T-Bills At 6.8% Average Yield
Romania’s Finance Ministry on Monday sold 116.8 million lei (EUR27.1 million) in one-year treasury bills, significantly lower than the plan, at an average yield of 6.83% a year, higher than...
Erste CEO: Buying BCR Was Not A Mistake, Despite The High Price
Erste Group Bank (EBS.RO) chief executive officer Andreas Treichl on Monday said the Austrian group paid a high price for Romanian BCR in 2006, from today’s perspective, but the acquisition...
Leu Edges Up Vs Euro, Exchange Rate At 4.3053
The Romanian leu rose against the euro in mid-trade Monday, and the official exchange rate strengthened 0.2% to 4.3053 units, from 4.3146 units Friday.