RAIFFEISEN
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Aurelian Mihailescu To Replace Cristian Sporis As Head Of Raiffeisen's Treasury
Aurelian Mihailescu was appointed by the board of Raiffeisen Bank Romania to replace Cristian Sporis as head of the treasury and capital markets department after the latter agreed to take th...
Romanian Banking System Takes A Tentative Step Forward In 2011
The Romanian banking system, which consists of 41 banks, took a tentative step forward in 2011, managing to increase its assets by 3.5% and cut its aggregated loss from 516 million lei (EUR1...
Raiffeisen CEO: Bankers Need To Rebuild Trust
The customers’ experience when dealing with their bank has to dramatically change in Romania, there must no longer be such situations when the bank sells them something they do not need. The...
Raiffeisen Ups Romania Transgaz Target Price To RON265/Share
Raiffeisen Capital&Investment Thursday raised by 12% to 265 lei (EUR55.9) a share its 12-month target price on Romanian state-run natural gas pipeline operator Transgaz Medias (TGN.RO), whil...
Danske Bank: Romanian Central Bank Is Well Aware Of Economy’s Weak Growth
The Romanian central bank (BNR) will cut its key interest rate by a further quarter of a percentage point at Thursday’s monetary policy meeting, considering that the Romanian economy needs s...
Agriculture Contributed EUR19B To 2011 GDP, 2012 Doesn’t Look Nearly As Good
The agricultural sector contributed almost EUR19 billion to the Romanian gross domestic product in 2011, according to the estimates of Raiffeisen Bank’s research unit based on preliminary da...
Raiffeisen’s van Groningen Stays For Another Term
Dutch-born Steven van Groningen, who has been president and chief executive officer of Raiffeisen Bank Romania since 2002, has negotiated a new term at the helm of Raiffeisen's local subsidi...
Raiffeisen Sees Inflation Below 2.5% In First Half Of 2012
Inflation might temporarily declined below 2.5% in the first half of next year, mainly due to a favorable statistical base effect, but the central bank might reduce the key rate b 0.5 percen...
Dumitru, Raiffeisen: We Need Policies To Boost Domestic Saving. Growth Potential Reaches RON18B
Romania needs public policies that would enhance domestic saving if it wants to benefit from additional liquidity estimated at around 17 to 18 billion lei (approximately EUR4 billion), said...