BROKERS
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Bucharest City Hall Giant Bonds To Be Put Up For Sale In One Month
Preparations for the biggest leu-denominated bond offering on the local capital market have entered the finishing straight: the prospectus is almost ready and subscriptions are likely to sta...
Brokerage Firms Expected To Broker 60% Of Total Underwritings In 2015
Insurance brokerage firms in Romania are expected to broker 60% of total underwritten premiums in 2015, compared to 56-57% in 2014, due to customers’ “natural” desire to buy insurance polici...
Insurers In Romania Take Restructuring Further
Most insurance companies in Romania in 2013 took the downsizing process imposed by the crisis further and closed down almost 150 units of their territorial network and 1,000 people left the...
Brokers Sell More Insurance Policies, But At Lower Fees
Fee income cashed in by brokers from insurance companies rose by 7.5% in the first quarter of this year, half the pace registered in the same period of last year, while the value of brokered...
Brokerage Firms Hope For Better 2014 For Bucharest Stock Exchange
Last year’s significant transactions helped the major brokerage firms that remained on the Romanian stock market recover after a few very bad years.
Andriescu, UNSICAR: Insurance Brokers Want To Sell Bank Loans
Insurance brokers want to be able to sell other financial products, such as bank loans, in addition to insurance. A proposal to this effect is set to be finalized and to be sent to the Finan...
Swiss Capital Remains Top Broker In Bucharest In September
Swiss Capital held on to its top brokerage position for the second consecutive month in September, after it brokered over one third of the total deals in Bucharest, stock exchange data showe...
Brokers: Dual Listing Of State Companies Not Beneficial To Bucharest Bourse
Romanian brokers on Monday criticized a recent plan of the Economy Ministry to list a 15% stake in natural gas transporter Romgaz Medias on a foreign exchange as well as in Bucharest, saying...
Number Of Brokers Declines Year After Year, Turnovers Too
The turnover of Romanian brokerages fell 20% last year, and 24 of the 25 firms that published their results had operating losses, i.e. their functioning costs were higher than the fees they...