Investors, either retail or institutional, have put in orders with their brokers to sell about RON300 million worth of Fondul Proprietatea (FP.RO) shares so far during a buyback offer, which has the potential to reach RON1 billion and ends at noon on December 5, data aggregated by ZF show.
Banca Transilvania (TLV.RO), the largest lender in Romania, got the “investment grade” rating from Moody’s, the bank said in a press release.