An International Monetary Fund mission is in Bucharest to
review Romania’s 5 billion euros precautionary aid deal until
August 1. Mission chief Jeffrey Franks is expected to meet members of
the parliament’s budget and finance commission.TRANSILVANIA PROFIT SEEN UP Romania’s second-largest listed bank Banca Transilvania is
seen posting a 89.3 percent increase in its first half net
profit from the same period of 2010 as analysts expect a low
base effect and smaller provisions to boost its profit.
BRD H1 PROFIT SEEN DOWN Romania’s second largest bank BRD , controlled by
France’s Societe Generale , is seen posting a 35.5
percent fall in its first half net profit.
