20 feb 2017

Five companies - OMV Petrom (SNP.RO), Fondul Proprietatea (FP.RO), Transgaz (TGN.RO), BVB and BRD, of the ten included in Bucharest Stock Exchange’s (BVB.RO) reference index BET made higher profit more

2 feb 2017

BET, the main index of the Bucharest Stock Exchange, ended January at more than 7,500 points, an increase of 6% on the last session of 2016. January 2017 was its best first month of the year since more

27 ian 2017

The BET index, which tracks the ten most liquid shares on the Bucharest Stock Exchange, reached about 7,400 points on Thursday, up 4% on the beginning of the year, mostly influenced by the main more

18 nov 2016

Eighteen years ago, when Ziarul Financiar was first published, the Bucharest Stock Exchange’s capitalization was 400 million lei (EUR88.5 million) and it had 120 companies listed. Today, there are more

12 oct 2016

Foreign equity funds available in Romania posted yields of up to 29% in the past twelve months, which are even three times higher than the average yield of a Romanian equity fund. more

10 oct 2016

Romania’s Finance Ministry has granted EUR819 million state aid through all the schemes under its management since 2007, which went to 93 companies. However, only 19 of the state aid recipients were more

27 sep 2016

The sale of a significant share of Fondul Proprietatea’s 19% stake in OMV Petrom announced last week took investors by surprise and is turning Franklin Templeton, the manager of the fund, into a more

29 aug 2016

The BET index, the most important index of the Bucharest Stock Exchange, on Friday closed at the highest level of 2016, having recovered most of the losses of January and February over the summer, more

11 iul 2016

New loans for consumers beat new corporate loans in Romania for the first time ever. After having had to deal with corporate insolvencies in the range of billions of euros, banks prefer to work with more

23 mai 2016

In one year, state-run Nuclearelectrica (SNN.RO) and Romgaz (SNG.RO) stock prices dropped 33% and 38%, which means the Energy Ministry’s stakes are worth about 4.3 billion lei (about EUR1 billion) more

12 mai 2016

Raiffeisen Bank International’s Romanian operations generated EUR28 million profit in the first quarter, an increase of 12% on the same quarter last year, after provision costs halved, the quarterly more

28 apr 2016

The leu-denominated loans granted to consumers to buy homes have doubled to 21 billion lei (EUR4.7 billion) in the past year (March 2015 to March 2016), while foreign currency loans dropped by RON3 more

25 apr 2016

BCR, BRD and Banca Transilvania, the three largest banks in Romania by assets, are looking for buyers for about 3,000 foreclosed houses and apartments, which they are offering for sale at lower prices more

5 apr 2016

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28 mar 2016

Leu-denominated consumer loans reached 31.6 billion (EUR7 billion) in February, an increase of 14% on the year-ago month. Leu-denominated personal loans therefore reached the highest level since May more

17 mar 2016

The debt collection market rose by 11% to EUR1.6 billion (debt referred) last year, largely because of the corporate segment, but started from a very low base. more

19 feb 2016

Polish-held debt collection specialist Kruk is managing about one million receivables worth 8.6 billion lei (almost EUR2 billion), 600,000 of which bank loans that may be worth up to 80% of that. more

18 feb 2016

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11 feb 2016

Leu-denominated consumer loans granted by banks reached 33 billion lei (EUR7.3 billion) at the end of last year, an increase of almost 11% on 2014, according to Romania’s central bank data. This is more

10 feb 2016

Romania is getting capital inflows, which will only boost liquidity in the banking system even further, causing interest rates to drop. However, Romania’s central bank governor Mugur Isarescu, who more

9 feb 2016

Negative interest rates have become some kind of dominoes of the central bank elite where if one piece falls, the other do. more

14 ian 2016

The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volatile more

13 ian 2016

Loans to the agricultural sector saw the fastest increase in January-November 2015, compared with the same time in 2014, 8%, while other sectors like industry and services saw only modest increase. On more

11 ian 2016

Individual customers made 6.4 billion lei (EUR1.41 billion) deposits with local banks in November, the lowest level of leu-denominated monthly savings since December 2008, Romania’s central bank more

7 ian 2016

The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per annum on more