Archive » September 2008 » 01 September 2008 The english news from 01 September 2008
Romania's economic growth close to 10 percent in Q3
After a record 9.3 percent growth in the second quarter of 2007, Romania's economy could be close to the 10 percent advance in Q3, due to good agricultural production, while estimates for the entire 2008 are around 8.5 percent…
Last call for relaxed credits promotions
Bankers try to increase loan portfolios before the Romania's National Bank (BNR) applies new credit regulations, aimed at curbing lending, next month. Banks already extended their credit promotions, in an attempt to secure more clients on the last lap…
BCR to secure €10 million with new products
Lender Banca Comerciala Romana, the largest local bank in terms of assets, is to launch a new product each month by the end of the year. The first one, a deposit in lei and euro, is set to bring BCR some €10 million, according to bank officials. BCR's executive business development manager and retail products, Sorin Mititelu, said some of the money could come from transfers…
Chief economist says BNR considered the record GDP advance when it revised the inflation estimate
Romania's economic growth that exceeded estimates in the first semester puts pressure on the inflation, but was taken into account when the central bank (BNR) revised upwards its inflation prognosis for the end of the year, BNR chief economist Valentin Lazea announced…
KBC Securities regains top position among brokerages on the capital market in August
Brokerage KBC Securities climbed back to the top position among brokers by the value of brokered deals, on the Bucharest Stock Exchange (BSE) in August, followed by ING Bank and BT Securities, according to data from the bourse…