ROL
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Banking system provisions, 3,000bn ROL
The level of provisions set up by commercial banks by late March 2003 had amounted to a little above 3,000bn ROL, up 50% as compared to the volume registered at the end of last year, accordi...
Oradea borrows 100bn ROL
Oradea City on Friday released the largest bond issue in the entire post-war history of the Romanian capital market. The municipal bonds sold on the primary market are worth 100bn ROL (nearl...
Banatim sees 86bn ROL sales
Footwear company Banatim Timisoara, an entirely Romanian-held business, expects to see turnover in ROL up 7.5% this year, considering it has gained two new foreign clients: Rieker (Germany)...
Grawe grosses 45bn ROL
Grawe Romania Asigurare, a company specialising in life insurance, logged 45.95bn ROL in gross premiums last year, up 45.4% from 2001, when it grossed only 31.6bn ROL. "The report of auditor...
NBR attracts 950m euros. In ROL
The National Bank of Romania (NBR) has attracted 34,000bn ROL (950 million euros) from the money market during the last three trading sessions. This is no typo. And the amount is nearly twic...
More ROL for credits
The decline of the interest rates for credits in ROL is starting to show. The same is happening to the interests for deposits, which have practically plummeted, discouraging short-term savin...
One million ROL necktie in demand
The middle class is still not making any difference in times of elections, but it is surely a factor one must take into account in the retail business. It is the middle class that has allowe...
100 million ROL "bill" is out
At a time when NBR has yet to make up its mind about issuing the 1 million ROL bill, some people find the 100 million banknote is not really an exaggeration. It is not a real bill, of course...
300bn ROL profit for SIF Banat
Financial investment company (SIF) Banat-Crisana Arad made 300bn ROL net profit last year - preliminary financial results show, 22% more than in 2001. This result is 20% higher than estimate...