The billion euros secured by Romania last Thursday via the five-year eurobond issue will be frozen at IMF's recommendation, to set up a buffer-fund at the
Full story
The National Bank of Romania is likely to go for a 50 basis points cut of the main rate to 6.5%, at its March Board Meeting,
Full story
This year may finally bring one-digit interest rates for RON-denominated loans, closer to the cost of euro loans, estimates Zoltan Major, UniCredit Tiriac Bank executive vice-president
Full story
MKB Romexterra reduced its last year’s loss by 39% last year, to 40.3 million lei (€9.5 million), after 17% drop in asset value to 2.4 billion
Full story
Investment funds are most interested in buying bonds on the Romanian market, as they are looking for fixed-income instruments and continue to bet on the reduction
Full story
Romania’s leasing market slumped 72% last year from 2008, to EUR1.33 billion in financed assets, driven by a sharp decline in car sales, the Association of
Full story
While banking giants are closing down their outlets and toil in the harsh environment to keep their assets intact, GarantiBank is set to expand its reach
Full story
Equity funds have generated yields like in their good times, of as much as 170% in the past year, but nevertheless investors have preferred to shelter
Full story
Non-performing loans ended up amounting to one third of the portfolio of non-bank financial institutions (NBFIs) double as much as in the summer of last year,
Full story
Investors are no longer enticed by the three-digit yields of equity funds, preferring non-risky investments in monetary funds and in bonds, which in the past month
Full story
Commercial banks paid 1.2 billion RON (290 million euros) in profit tax, data sent by the National Fiscal Administration Agency to ZF reveal. NBR, on the
Full story
ING analysts said the central bank was likely to continue easing the monetary policy in its next rate-setting session scheduled for March 29. The central bank
Full story
The foreign currency saving process sharply dropped in the last couple of months, in parallel with the stabilization of the exchange rate, daily Ziarul Financiar informed
Full story
Earlier this year, Edit Vesser, one of the big-league property advisers in Romania, took up the chief executive role at BNP Paribas Real Estate. “The thought
Full story
Romania has the least profitable general insurance sector in Central and Eastern Europe, mainly because of loss on the auto insurance segment, said Thursday Cristian Constantinescu,
Full story
Austrian parent banks have decreased their exposure to Romania by a collective €1.79 billion between July and September to €28.31 billion, after the €178-mln reduction a
Full story
Private pension funds in Romania don’t have enough liquidity yet to invest in long-term treasuries and prefer short-term investments, Bogdan Dragoi, state secretary with the Finance
Full story
Legal adviser Salans advised Franklin Templeton Investment Management Limited, the UK-based investment management company, part of Franklin Templeton Investments group, throughout the selection process for the
Full story
The Central Depository settled 1.5 million transactions totaling seven billion euros, in 2009, reads institution's release.Last April marked a peak with 180,380, while last Jan came
Full story
Romania's budget deficit may reach 8.4 percent of the GDP in 2010 in the absence of some new fiscal policy decisions, which would impose an adjustment
Full story