05.31.2012

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in May, with total deals worth 538.5 million lei (EUR120.6 million), stock exchange data showed Wednesday. more

02.29.2012

Swiss Capital continued to lead the Bucharest bourse’s brokers chart in February, with total deals worth 336.2 million lei (EUR77.3 million), stock exchange data showed Wednesday. more

02.22.2012

Deposits in Swiss francs generated gains of almost 70% for the customers who bet on this currency in 2008, when a franc was traded for an all-time low of 2.2 lei, but bankers say few customers bet on more

09.30.2011

KBC Securities, the largest brokerage firm on the Romanian capital marmet, previously held by Belgium’s KBC, is now controlled by Bogdan Juravle and Sorin Apostol, each holding 47.5% of the capital, more

09.07.2011

The Swiss central bank made an unexpected gift to the 50,000 of holders of Swiss franc loans in Romania, after its announcement that it will do everything in its power to depreciate the franc caused a more

08.11.2011

The rocketing Swiss franc, which climbed beyond the RON4 threshold, pushed OTP Bank to take unprecedented steps to support clients: a one-percentage point interest cut over periods of six months to more

08.10.2011

Strong emotions for the 50,000 Romanians holding Swiss franc-denominated loans totaling EUR3.2 billion: the leu/franc exchange rate climbed beyond RON4 on Tuesday, marking an over 40% increase since more

08.08.2011

Romanian central bank is not looking to impose Hungary-like measures on Swiss franc lending, despite rising interest rates, central bank’s governor Mugur Isarescu said Monday. more

08.03.2011

Past due amounts on Swiss franc-denominated loans are making loan holders nervous, with the Swiss franc expected to reach parity with the euro this autumn. more

07.15.2011

Those who now regret that they took out a loan in Swiss francs, as the franc is now 75% stronger against the leu compared with 2007-2008, at around RON3.7, should prepare for worse. Foreign analysts more

07.13.2011

The leu and the Bucharest Stock Exchange fell 2% in the past two days, after international investors responded anxiously to fears that Italy and potentially even Spain could face similar problems to more

07.11.2011

Romania’s leu widened early losses against major currencies in mid trade Monday, amid a negative sentiment in the international markets, and the indicative versus the Swiss franc fell to 3.5742 more

07.11.2011

With the Swiss franc at an all-time high against the leu, bankers can do nothing but sit and watch the overdue loans rise fast. After the franc has gone up 60% against the leu since the beginning of more

06.28.2011

Loans in Swiss francs, used in boom years as a means of stimulating sales thanks to the low nominal interests, are now troublesome for bankers as well, not just for clients who chose to borrow in this more

06.20.2011

Clients with high incomes, wooed by bankers during the boom years with high foreign currency loans and installments as high as three quarters of their salaries at times, are now giving bankers the more

06.16.2011

Romania’s leu extended early losses against the euro in mid trade Thursday and the central bank’s reference weakened 0.8% to 4.2088 units, the lowest rate since March. more

06.14.2011

Romanian banking sector is not likely to experience a substantial increase in non-performing loans following the leu’s depreciation against the Swiss franc, central bank deputy governor Cristian more