Colaborator
Mircea Nica
Editor Web
- Fields
- Banks-Insurance, Companies
- Writing for ZF since
- 2021
- Articles
- 61
Millenium Insurance Broker Ends 2024 with almost RON2.5M Net Profit. Around 85% of Profit Will Go To Shareholders
Millenium Insurance Broker, among the 10 largest players on the local market, recently listed on the AeRO market of the Bucharest Stock Exchange, ended 2024 with net profit worth a little ab...
Transilvania Broker Hits RON8.7M Profit in 2024, Set to Distribute RON3M Worth of Dividends
Transilvania Broker, the fourth largest insurance broker locally, ended 2024 with net profit of around RON8.7 million and plans to distribute RON3 million worth of dividends to shareholders,...
Salt Bank Expects to Overshoot RON3B Asset Mark at End-2025
Salt Bank, the first 100% digital Romanian bank, has already reached assets of above RON1 billion and expects to go beyond RON3 billion at yearend.
Romania Factoring Market Grows 8% To EUR9.4B in 2024
Romania factoring market at end-2024 reached a total operations volume of around EUR9.4 billion, up 8% from 2023, in line with information provided by the Romanian Factoring Association (ARF...
NN Asigurari de Viata Ends 2024 with almost RON1.15B in Gross Underwritings, Up 12.7% Vs 2023
NN Asigurari de Viata, leader of Romania life insurance market, ended 2024 with a volume of gross underwritten premiums of almost RON1.15 billion, 12.7% higher than in 2023.
Safety Broker’s H1/2024 Gross Brokered Premiums Up 35% To RON851.6M
Safety Broker, leader of the insurance brokerage market, ended the first half of 2024 with RON851.6 million gross brokered premiums, up 35% from the same period of 2023.
Romania Insurance Market Inches Up 3% in Q1/2024 To RON5.5B
Romania’s insurance market reached a volume of gross underwritten premiums of above RON5.5 billion at the end of the first quarter of 2024, registered a slight increase of 3.2% from the same...
Revolut Heads Toward 4 Million Retail Client Threshold in Romania
Global fintech Revolut saw its retail client base go up by 13% in the first six months of 2024 and will shortly reach the 4 million client threshold.
Instant Factoring IFN Gets EUR1M Subordinated Loan from EIF To Boost Lending to Small Companies in Romania
Romanian fintech Instant Factoring IFN has signed a EUR1 million subordinated loan agreement with the European Investment Fund to expand lending to small enterprises in Romania.
Allianz-Tiriac Ends 2023 with RON3.5B Underwritings, Up 21% YOY
Allianz-Tiriac, the second largest insurer in Romania, ended 2023 with RON3.5 billion underwritings, up 21%, and RON346 million, 44% higher than in 2022.
NN Asigurari de Viata Ends 2023 with RON102M Net Profit, Up 12% YOY
NN Asigurari de Viata, leader of Romania’s life insurance market, ended 2023 with net profit worth almost RON102 million, up 12% from 2022.
Groupama Retains Leading Position on Romania Insurance Market in Jan-Sept 2023
Groupama after the first nine months of 2023 was still the leading company on the insurance market, reaching a market share of almost 22%.