Banks-Insurance
Finance Ministry Raises RON500M From Banks On June 17
Romania's Finance Ministry has raised RON500 million from banks on Monday (June 17), selling benchmark bonds at an annual average yield of 6.43%.
Raiffeisen Bank Launches MoonShotX To Support Companies Scale Up Their Businesses Regionally
Raiffeisen Bank Romania is launching MoonShotX, a project aimed at supporting companies with a turnover between EUR5 million and EUR50 million (Mid-Corporate) to scale up their businesses re...
Lender BRCI Becomes 13th Bank in Romania to Add Instant Payments Services to Portfolio
Romanian lender Banca Romana de Credite si Investitii has expanded its services portfolio with the Plati Instant service developed by TRANSFOND, which allows the inter-banking transfer of su...
Finance Ministry Raises Nearly RON3.3B From Banks Via Two Bond Issues On June 13
Romania's Finance Ministry raised RON3.33 billion from banks on Thursday (June 13), selling government paper in two auctions, at annual average yields of 6.02% and 6.86%, respectively.
Three-Month ROBOR Hits Two-Year Low
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, dropped to 6.03%, reaching the...
European Commission Clears Acquisition Of Alpha Bank Romania By UniCredit
The European Commission has announced it approved the acquisition of Alpha Bank Romania by Italy’s UniCredit S.p.A, under the EU Merger Regulation.
Mogo Romania Enters The Recreational Vehicle Financing Market Through Partnership With ATVRom
Mogo Romania, a company specializing in providing financing for individuals to purchase used vehicles, announces its entry into a new lending segment through a strategic partnership with ATV...
Number Of Romanians With Over EUR100,000 In The Bank Up To Almost 77,000 In Q1
76,746 individuals in Romania had bank deposits of more than EUR100,000 at the end of the first quarter of 2024, over RON82.6 billion (about EUR16.5 billion) in all, the latest statistics of...
Credit Europe Bank Romania To Continue Its Activity On Local Market As Branch Office Of Parent Company
The cross-border merger by absorption of Credit Europe Bank Romania S.A. into Dutch parent company Credit Europe Bank N. V. was initiated and, after the merger, the former will continue its...