Banks-Insurance
Finance Ministry Raises RON1.87B From Banks On July 25
Romania's Finance Ministry has raised RON1.87 billion from banks on Thursday (July 25), after reopening a bond issue due in January 2026, instead of the scheduled RON600 million, at an annua...
UniCredit Bank Generates EUR184M Profit in Romania in H1/2024, Up 39%
Italian group UniCredit for the first half of 2024 reported net profit worth EUR184 million from Romania operations, up around 39% from the gain of H1/2024, amid rising lending and revenues.
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...
Romania Private Lending Up 6.7% YoY to RON400B in June 2024
Private lending in Romania went up 6.7% to RON400.6 billion in June 2024 compared with June 2023, central bank data showed on Tuesday (July 23, 2024).
CEC Bank Grants RON112M Credit Facility To Medex Vital Serv SRL To Develop Cancer Hospital Project
CEC Bank has contributed with RON112.6 million credit facility to the development of the Medex Cancer Hospital project, which has been recently inaugurated in Sangeorgiu de Mures.
Garanti BBVA Leasing Gets EUR10M Loan From EBRD To Support Development Of SMEs In Romania
Garanti BBVA Leasing, part of the Garanti BBVA Group Romania, is signing a new EUR10 million loan agreement with the European Bank for Reconstruction and Development (EBRD) to support the de...
Libra Internet Bank Set To Distribute RON100M Dividends
Libra Internet Bank, which has three bond issues worth a total of EUR48 million (RON250 million) in progress on the Bucharest Stock Exchange, will distribute RON100 million dividends from it...
Finance Ministry Raises RON335M From Banks On July 22
Romania's Finance Ministry has raised RON335 million from banks on Monday (July 22), selling government paper at an annual average yield of 6.80%.
Rețele Electrice Companies Get RON1B Worth Of Loans To Refinance And Finance Investment Programs
Retele Electrice companies, part of the PPC Group, signed credit agreements worth RON1 billion with the European Bank for Reconstruction and Development (EBRD), Banca Transilvania, BCR and I...