Archive » May 2009 » 13 May 2009 The english news from 13 May 2009
Shareholders of lender Erste Bank OK share capital increase by EUR 124.7m, buy-back own shares
Shareholders of Austrian lender Erste Bank (EBS) approved in today's meeting to hike the share capital by 124.7 million euros through convertible bonds, and to buy its own shares and participation rights, according to a release sent to the Bucharest Stock Exchange (BSE)…
Banks set to lower interest rates after BNR decision
The top bankers on the local market will hold meetings this week to decide when and to what extent the interest rates for deposits and loans are to be reduced. The move comes after a decision made by the National Bank of Romania (BNR) last week to lower the key-rate by 0.5 percentage points, to 9.5 percent, last week…
EIB OKs EUR600M Loan To Ford For Operations In Romania, Germany
The European Investment Bank approved Tuesday a EUR600 million loan to US carmaker Ford, for the construction and operation of a vehicle and engine plant in Craiova, Romania, and for research and development related activities for the plant carried out in Germany…
Romanian banking system, extremely solid
The Romanian banking system is ''extremely solid'' in terms of financial stability, head of the Romanian Banking Institute (IBR) Petru Rares said Tuesday in Targu Mures, northwest of Bucharest. "At a time marked by an unprecedented economic and financial crisis - the first real, global crisis Romanians are facing"…