Banks-Insurance
ING Hubs Romania Revenue Up To Almost RON700M In 2023
ING Hubs Romania, a global technology hub that provides more than 150 software development, data management, non-financial risk and audit services, posted RON694.1 million revenue in 2023, a...
Partners Financial Services Becomes Largest Shareholder Of Transilvania Broker De Asigurari
Czech-held company Partners Financial Services (PFS) is entering Romania by buying a 32.89% stake in Transilvania Broker de Asigurari (TBK.RO), one of the largest insurance brokers on the lo...
Finance Ministry Raises RON1.2B From Banks On July 8
Romania's Finance Ministry has raised RON1.2 billion from banks on Monday (July 8), selling government paper at an annual average yield of 6.06%.
Romania Secures Record EUR4.1B In EIB Funding In 2023
In 2023, Romania saw a record level of financing obtained from the European Investment Bank (EIB) Group, with a total of financial commitments worth EUR4.1 billion, the highest level so far,...
Transilvania Broker De Asigurare Main Shareholders Sells 27.9% To Partners Financial Services
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers in Romania, on Friday notified the Bucharest Stock Exchange that its main shareholders, Login Gabriel and Nicu...
Romanian Central Bank Cuts Key Rate To 6.75% A Year From 7% A Year
Romania's central bank has decided at its Board meeting on Friday (July 5) to lower its benchmark interest rate to 6.75% a year from 7% a year, starting July 8.
tbi bank Decides to Reinvest Entire 2023 Profit of EUR42.5M
tbi bank, active in Bulgaria, Romania, Greece, Germany and Lithuania, has decided to reinvest its entire net consolidated profit of 2023, worth RON42.5 million.
Hidroelectrica Makes RON1.1B Deposits With Exim Banca Romaneasca
Hidroelectrica (H2O.RO), the largest electricity producer in Romania and the largest company listed on the Bucharest Stock Exchange, has announced in a stock market report on July 1 that it...
Finance Ministry Raises Nearly RON2.2B From Banks Via Two Bond Issues On July 1
Romania's Finance Ministry raised RON2.2 billion from banks on Monday (July 1), selling government paper in two auctions, at annual average yields of 6.01% and 6.87%, respectively.