BANCI | Ultima Ora

BERD sustine introducerea noului indice ROBOR

Trimite stirea unui prieten
Nume *
E-mail *
E-mail prieten *
Mesaj
Cod validare * Turing Number
Tastati codul din imagine (doar cifre)
195.154.184.126

Autor: Bancherul.ro
2008-03-07 21:13

EBRD press release:

EBRD offers full support to updated ROBOR money-market index in Romania

The EBRD fully supports the introduction of an updated Romanian money market index which is a major step forward for the country’s capital markets, providing for greater transparency and credibility.

The improved index was launched on 6 March 2008 by the National Bank of Romania and, over time, it will help in the development of new financial instruments in the local Romanian currency, adding to the depth of the market. In particular, the increased transparency should stimulate the confidence of market participants in pricing domestic Romanian interest-rate products.

The ROBOR index, which has replaced the previous BUBOR index, will be managed by the National Bank of Romania and involves the following key features:

o A commitment by banks to maintain bid/offer spreads between ROBOR and ROBID of 50 basis points up to 3 month maturities and 75 basis points up to 12 months;

o A commitment by banks to submit prices based on firm commitments to trade with each other on the basis of these quotes;

o A change in value date from same-day to spot (T+2) for maturities greater than one week to conform to international market practice;

o The calculation by Reuters will continue to take place at 11:00am Bucharest time each business day and will be the arithmetic mean of rates posted by each participant after discarding the highest and lowest rates.

The quoting banks will be ABN Amro, Bancpost, Banca Transilvania, BRD Groupe Société Générale, BCR, CEC, EximBank, ING, Raiffeisen Bank and UniCredit Tiriac Bank. The ROBOR/ROBID rates will be quoted on Reuters pages RBOR, RBOR1 and RBOR2 and each participant’s quote is made public on the screens.

EBRD’s Vice President Finance Manfred Schepers said that the EBRD has been working with the National Bank of Romania and with the banking community in Bucharest, largely through the dealers’ association ACI Romania, over the past year to support these changes which should bring increased transparency and credibility to the Romanian money-market. The changes should also allow for the creation of a derivatives market in Romanian Leu over time. EBRD welcomes the new index which will be incorporated into the Bank’s loan documentation, Mr Schepers added.

The EBRD is the largest institutional investor in Romania, with €3.5 billion committed to 247 projects across the country. Working with its many partners, the Bank has mobilized more than €6 billion for projects in Romania.

Comentarii



Adauga un comentariu
Nume *:

E-mail *:
(nu se afiseaza pe site)
Subiect:
*
Comentariu:

Turing Number

Tastati codul din imagine (doar cifre)  



Adauga un comentariu folosind contul de Facebook

Alte stiri din categoria: Ultima Ora



Problele de functionare a aplicatiei Revolut

Aplicatia Revolut a avut probleme de functionare pe parcursul zilei de astazi, conform reclamatiilor clientilor: "Aplicatia nu functioneaza. E pentru ultima oara cand imi tin toti banii in contul Revolut", conform unei postari pe pagina Facebook a Revolut. Banca a confirmat detalii

BCR lanseaza o noua varianta de plati cu numarul de telefon, o alternativa la Alias Pay

BCR lanseaza o noua varianta de plati doar cu telefonul, fara IBAN, cu cardurile Visa, o alternativa la platile tip AliasPay. Clientii persoane fizice ai BCR care au carduri Visa vor putea face plati, din aplicatia George, doar pe baza numarului de telefon, catre clientii altor banci din detalii

Banca Transilvania are un numar de telefon dedicat fraudelor online

Banca Transilvania pune la dispozitia clientilor un numar de telefon dedicat pentru fraudele online: 0264.308.055. Intr-o postare pe Facebook a bancii se arata: "În ultima perioadă, au crescut tot mai mult tentativele de fraudă È™i atacurile de phishing, iar metodele detalii

Burse la Transilvania Executive Education MBA

ï‚· Valoarea totală a burselor este de 19.000 de euro ï‚· Cursurile încep în 8 februarie 2025 ï‚· Până acum, 220 de persoane au absolvit acest EMBA Banca Transilvania È™i detalii

 



 

Ultimele Comentarii