According to some market sources, businessman Alin Tatu yesterday sold his 5% stake in SIF1 Banat Crişana, in a trade on the "Deal" tier of the market, following a spectacular hike on the quotations of the market. read more...

Raiffeisen Bank International (RBI), the majority shareholder of Raiffeisen Bank România, has revised upwards its estimates concerning the level of provisions for non-performing loans which it will need to set up this year. Thus, whereas initially the financial group expected provisions to reach 1.009 billion Euros this year, sees loan-loss provisions of as much as 1.2 billion Euros. The revision was caused by the evolution of the group's corporate client portfolios, in Central and Eastern Europe. read more...