Category : Finance

BUSINESS ECONOMY Finance FINANCE&BANKING

PM Orban: Additional money for labour, healthcare spending at budget revision. Budget deficit goes up to 4.3 pct of the GDP following budget revision

NINE O'CLOCK
Prime minister Ludovic Orban told Romania TV private broadcaster on Monday evening that providing additional money to the budget of the Ministry of Labour for...
BUSINESS ECONOMY Finance FINANCE&BANKING

BCR releases H1 2019 financial results: 8% growth in loans, 600,000 users in George and more than 310,000 people reached through Money School

NINE O'CLOCK
Banca Comerciala Romana (BCR) total stock of loans advanced by 8% year-on-year, driven by both retail and corporate business New loans of over RON 3.5...
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Fitch Ratings confirms Romania’s rating at ‘BBB-‘, but warns it could exceed deficit target in 2019

NINE O'CLOCK
Fitch Ratings has affirmed Romania’s Long-Term Foreign and Local Currency Issuer Default Rating (IDR) at ‘BBB-‘ with a Stable Outlook, but warned that the budget...
BUSINESS ECONOMY Finance FINANCE&BANKING

Moody’s affirms deposits ratings of Alpha Bank Romania, outlook changed to positive

NINE O'CLOCK
Moody’s Investors Services affirmed Alpha Bank Romania’s Ba3/Not Prime deposit ratings. Concurrently, Alpha Bank Romania’s b2 baseline credit assessment (BCA) and Adjusted BCA have been...