Romania - Factors to watch on May 25

Banca Transilvania

25/05/2015 06:12

BUCHAREST, May 25 (Reuters) - Here are news stories, press 
reports and events to watch which may affect Romanian financial 
markets on Monday. 
     
    DEBT TENDER 
    Romanian debt managers tender 400 million lei ($98.67 
million) worth of six-month treasury bills. 
     
    BANKING 
    Mergers in Romania's banking system are unlikely to happen 
any time soon because lenders are more inclined towards cheaper 
and less risky portfolio acquisitions, the chief executive of 
UniCredit Tiriac Bank said on Friday.  ID:nL5N0YD2L6  
     
    ECONOMIC GROWTH 
    Romania's spurt of economic growth is robust and 
sustainable, and the eastern European country should expect 
moderate growth in credit from here on, Central Bank Governor 
Mugur Isarescu told a banking seminar on Friday.  ID:nR5N0SR01X  
     
    CEE MARKETS 
    Some bank stocks fell in Warsaw and the zloty eased against 
the forint on Friday ahead of Sunday's presidential election in 
Poland, which may herald a political shift.  ID:nL5N0YD1J1  
     
    BANCA TRANSILVANIA 
    Romanian Banca Transilvania  ROTLV.BX  said it will offer 
its employees 6.8 million shares, equivalent to a 0.26 percent 
stake in the company, as part of a loyalty program. 
     ID:nRSD4chH3Q  
     
    NO CONFIDENCE VOTE 
    Romania's opposition centre-right party said it will file a 
no confidence vote against the leftist government on June 5. It 
is unlikely they will gather the required number of votes to 
topple the government. 
                
    For a schedule of forthcoming Romanian events, double click 
 RO/DIARY , and a calendar of east European economic indicators, 
see  CONV/DIARY . 
    For other related news, double click on: 
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 Romanian equities     RO-E     E.Europe equities     .CEE 
 Romanian money        RO-M     Romaniandebt          RO-D 
 Eastern Europe        EEU      All emerging markets  EMRG 
 Hot stocks            HOT      Stock markets         STX 
 Market debt news      DBT      Forex news            FRX 
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($1 = 4.0541 lei) 
 
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Keywords: ROMANIA FACTORS/