UniCredit Opens VAT Payment Accounts Free of Administration Charges
09.18.2017
UniCredit Bank announced Monday it will open split VAT payment accounts for its corporate clients that pay value-added tax, free for administration fees.
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SIF Oltenia Signs Contract With Erste Group For Sale Of Its 6.29% Stake In BCR For EUR140M yesterday, 16:42
Romanian regional investment fund SIF Oltenia (SIF5.RO) on Thursday signed a contract for the sale of 1.02 billion shares in Banca Comerciala... more
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Romania Raises RON91.9M Selling Sept 2031 Bonds at 5.2% Average Yield yesterday, 14:20
Romania's finance ministry on Thursday raised 91.9 million lei (EUR19.72 million) out of a planned RON100 million selling treasury bonds maturing... more
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Libra Internet Bank Net Profit Doubles On Year To Over RON46M In 1H/2018 yesterday, 14:03
Libra Internet Bank on Thursday said its net profit doubled to RON46.39 million in January-June 2018, compared with RON23.96 million in the... more
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Three-Month Money Market Rate Rises To 3.28% yesterday, 13:18
The 3-month money market interest rate used to calculate interests for consumer loans in lei rose to 3.28% a year on Thursday, from 3.26% a year on... more
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Top Six Lenders In Romania Made RON3.1B Profit In H1 yesterday, 10:16
The big banks in Romania reaped the rewards of the rise in inflation and interbank interests in the first half, with most of them posting... more
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Credit Europe Bank Romania Posts RON44M Gross Profit On Year In 1H/2018 08.14.2018
Credit Europe Bank Romania, a member of Dutch financial group Credit Europe Bank, on Tuesday said its gross profit reached RON44 million in the... more
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Three-Month Money Market Rate Falls Slightly To 3.26% 08.14.2018
The 3-month money market interest rate used to calculate interests for consumer loans in lei fell to 3.26% a year on Tuesday, from 3.28% a year on... more
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ING Bank Romania Posts RON345M Net Profit in 1H/2018 08.14.2018
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower risk coverage... more
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Unicredit Bank: Romania GDP Growth Expected To Accelerate To 4.6% In 2Q/2018 08.13.2018
Unicredit Bank analysts expect Romania’s economic growth for the second quarter of 2018 (April-June) to accelerate to 4.6%, compared with 4% in... more
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OTP Bank Romania 1H Adjusted Consolidated Profit After Tax Soars 59% To RON19.7M 08.13.2018
OTP Bank Romania on Monday said its adjusted consolidated profit after tax soared 59% year-on-year to RON19.7 million (HUF1.4 billion) in the first... more
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Romania Raises RON90.7M Selling Oct 2021 Bonds at 4.25% Average Yield 08.13.2018
Romania's finance ministry on Monday raised just 90.7 million lei (EUR19.46 million) out of a planned RON400 million selling treasury bonds... more
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Three-Month Money Market Rate Drops To 3.28% 08.13.2018
The 3-month money market interest rate used to calculate interests for consumer loans in lei fell to 3.28% a year on Monday, from 3.30% a year on... more
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Banca Transilvania Posts RON662.7M Profit In H1 08.13.2018
Banca Transilvania, the second-largest lender by assets on the Romanian market, posted RON662.7 million (EUR142 million) net profit in the first... more
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Three-Month Money Market Rate Flat At 3.30% 08.10.2018
The 3-month money market interest rate used to calculate interests for consumer loans in lei stayed put at 3.30% a year on Friday, central bank... more
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Romania Raises RON350.5M Selling 1-Year T-Bills at 3.31% Average Yield 08.09.2018
Romania's finance ministry on Thursday raised 350.5 million lei (EUR75.49 million) selling one-year maturity treasury bills at an average yield of... more
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Raiffeisen Bank Net Profit Grows 74% in 1H, to RON432M 08.09.2018
Lender Raiffeisen Bank on Thursday reported a net profit of RON423 million for the first half of the year, up 74% compared with the first half of... more
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Consumer Protection Fines Bancpost for Unfair Practices 08.09.2018
Romania's consumer protection authority has fined lender Bancpost RON150,000 for unfair practices and affecting the financial interests of... more
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Three-Month Money Market Rate Drops To 3.30% 08.09.2018
The 3-month money market interest rate used to calculate interests for consumer loans in lei fell to 3.30% a year on Thursday, from 3.33% a year on... more
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Euroins Raises Share Capital By RON2.2M, to RON532M 08.08.2018
Insurer Euroins, owned by Bulgarian group Eurohold, has raised its share capital by RON2.2 million, to a total RON532 million, the Romanian... more
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Three-Month Money Market Rate Falls To 3.33% 08.08.2018
The 3-month money market interest rate used to calculate interests for consumer loans in lei fell to 3.33% a year on Wednesday, from 3.36% a year... more
Lender ING Bank Romania on Tuesday reported a net profit of RON345 million for the first half of 2018, on higher revenues and lower
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Hotels, pensions, lodges and motels in Bucharest and in the Constanta and Brasov counties posted more than 2.5 billion lei (EUR538
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Romania’s game development industry is dominated by multinationals and the four largest such companies in the country by revenue in
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Sales of durable goods on the Romanian market rose 11.8% in April-June 2018, to EUR700 million, mostly backed by the telecom segment,
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The 20 largest companies that went insolvent in the first half of 2018 posted 1.5 billion lei (EUR324 million) revenue and had about
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The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the
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The Bucharest Stock Exchange increases the maximum number of companies in its BET index and its total return version BET-TR from 15 to
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C&W Echinox: Romania's Real Estate Market Attracted EUR386M Investments in 1H/2018
The investment volume in the first half of 2018 amounted to around EUR386 million in Romania, down 27% from the same period of the previous year, when the investment market reached a value of EUR530 million, according to Cushman & Wakefield Echinox calculations and estimates.
