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RAIFFEISEN

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Banks-Insurance

Romania Is Unlikely To Introduce A Special Bank Levy – Raiffeisen

The introduction of a special bank levy in Romania is unlikely, since the “influential” central bank opposes such a measure, according to a Raiffeisen report on Central and Eastern European...

Andrei Cîrchelan · 08.11.2011 · 17:58 · 1 min
Technology &Telecoms

RCS&RDS About To Take EUR300 Million Loan

Telecom operator RCS&RDS, controlled by businessman Zoltan Teszari, is in talks with a group of banks over a EUR300 million loan. The five-year loan will be used to settle maturing debt.

Adrian Seceleanu · 01.11.2011 · 00:00 · 1 min
Capital Market

Raiffeisen Keeps ‘Buy’ Recommendation On SIFs, Cuts Target Prices

Raiffeisen Capital & Investment Thursday left its recommendation on Romania’s five regional investment funds SIFs unchanged at “buy”, but lowered the 12-month target prices for the funds’ sh...

Florentina Dragu · 13.10.2011 · 18:57 · 1 min
Stewart, Raiffeisen: Greek Default Not As Shocking As A Year Ago
Banks-Insurance

Stewart, Raiffeisen: Greek Default Not As Shocking As A Year Ago

A potential default of Greece would clearly be bad, but this risk has been talked about so much that if it were to happen, it would not shock the world, as it would have a year ago, says Jam...

Razvan Voican · 13.10.2011 · 00:00 · 3 min
Banks-Insurance

Bucharest Radisson Blu's Owner Borrows EUR71.5M To Refinance Debts

Romanian hotel operator Bucuresti Turism (BUTU.RO) has accessed a EUR71.5 million loan from Raiffeisen Bank International to refinance outstanding debts and repay a loan granted by its major...

Florentina Dragu · 03.10.2011 · 15:49 · 1 min
Raiffeisen’s Treasury Head Pleads For Lower Leu Interest Rates
Banks-Insurance

Raiffeisen’s Treasury Head Pleads For Lower Leu Interest Rates

Romania is in the odd situation where transactions are concluded in lei, but many prices are set directly in euros, so that the economy is basically relying on the euro, so why should leu-de...

Razvan Voican · 23.09.2011 · 00:00 · 3 min
Banks-Insurance

Altur To Take Out RON14M Loan From Raiffeisen Bank

Romanian car parts maker Altur Slatina (ALT.RO) on Monday said it will take out a 14 million lei (EUR3.28 million) loan from Raiffeisen Bank, to upgrade production.

Andrei Cîrchelan · 12.09.2011 · 13:07 · 1 min
Energy

Raiffeisen Cuts Transgaz's Target Price To RON237/Share

Raiffeisen Capital&Investment Monday cut by 5% to 237 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), while keep...

Florentina Dragu · 29.08.2011 · 20:06 · 1 min
Raiffeisen Cuts Romania GDP Growth Forecast To 2.7% In 2012
Macroeconomics

Raiffeisen Cuts Romania GDP Growth Forecast To 2.7% In 2012

Austrian financial group Raiffeisen Tuesday revised downward its forecast on Romanian economic growth to 2.7% in 2012, from 3.5% previously, due to the negative effects of the faltering reco...

Florentina Dragu · 23.08.2011 · 16:29 · 1 min