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Fitch watches Romanian banks
Fitch Ratings, the international rating agency, has placed the 'BB-' long-term ratings of Banca Romana pentru Dezvoltare (Romanian Development Bank-BRD) and UniCredit Romania's (UCR) on Rati...
Fitch watches Romanian banks
Fitch Ratings, the international rating agency, has placed the 'BB-' long-term ratings of Banca Romana pentru Dezvoltare (Romanian Development Bank-BRD) and UniCredit Romania's (UCR) on Rati...
Banks say 4% interest on euro BILLS is too low
The Finance Ministry did not manage to collect from banks any more than 68.6 million euros - whereas the initial demand amounted to 200 million euros, even though banks oversubscribed the is...
Banks interested in Constanta-Trieste pipeline
Financing for the Constanta (Romania) - Omisalj (Croatia) pipeline project, estimated at about one billion dollars, has sparked the interest of investment banks on the Romanian market. The p...
US dollar growth prompts Romanian banks to revise exchange rate forecasts
Romanian banks have revised their yearend forecasts on the exchange rate of the domestic currency against the two benchmark foreign currencies - the US dollar and the euro, given the last we...
Romanians develop borrowing frenzy, banks happy to oblige
The banks kept meeting the demand for credits from individuals and companies in June, so that the balance went up to nearly 225,000bn ROL six months through the year, 25% above the December...
First time on domestic market, AND takes syndicated loan from Romanian banks
A first time for the Romanian financial market: a company, even if state-owned, manages to get a syndicated ROL-denominated loan from Romanian banks instead of getting it in foreign currency...
Finance Ministry keeps banks away from T-bills
The financial market has lost its benchmarks, few as they were. The three-year T-bill issues have been nothing more than a "formal" instrument for two months now, which the Finance Ministry...
Banks revise exchange rate forecasts
Romanian banks revised their year-end estimations for the national currency exchange rate against the two benchmark foreign currencies - the dollar and euro. The change was prompted by the m...