ING
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ING: Leu May Push Through 5.00 Vs Euro By Year-end
Romania’s leu is likely to weaken to 4.85 to the euro in the next months and may even push through the psychological threshold of 5.00 against the European common currency by year-end due to...
ING: BNR’s Forex Interventions At EUR1B In July
The Romanian central bank has injected a little over EUR1 billion in the money market in July to contain the leu’s depreciation against the euro, according to estimates of ING Bank Romania.
ING: Political Games In Romania Serious Enough To Shake The Leu
Romania’s leu is generally rather unfazed by the political games at home, but the recent grab for power by the ruling socialist-liberal coalition is turning into a serious threat to the usua...
ING: Romanian Leu To Trade At 4.5 Vs Euro In 2H
Romania’s leu will likely weaken to 4.5 against the euro in the second half of the year, according to estimations from ING Bank, which sees the national currency trading around that level in...
Cornelia Coman To Run ING Asigurari De Viata In Hungary As Of June 1
Cornelia Coman, general manager of life insurer ING Asigurari de Viata in Romania, will take over as head of ING Asigurari de Viata in Hungary starting June 1.
ING: Romania Bank Liquidity Gap Doubles In February
The liquidity shortage in the Romanian banking system more than doubled in February, with lenders borrowing on average 3.3 billion lei (EUR0.76 billion) a day from the central bank, compared...
ING: Romania’s Banking Market May See Third Year Of Loss In 2012
Romania’s banking system might see red in 2012 as well, for the third consecutive year, and players with considerable losses will most likely need additional capital, according to Florin Ili...
Negritoiu, ING: 2012 Will Not Be Any Better Than 2011
Misu Negritoiu, the banker who has been running the local operations of the Dutch-held ING for five years and a half, does not expect 2012 to be any better than 2011 for banks or for the eco...
Negritoiu, ING: We Would Be Extremely Happy To Sell As Many Mortgage Loans In Lei As Possible
ING Bank, the ninth largest bank on the Romanian market by assets, wants to make 2012 the year of lending in lei and plans to focus on selling products in local currency, from consumer loans...