Banks-Insurance
Finance Ministry Raises Nearly RON1.03B From Banks Via Two Bond Issues On June 10
Romania's Finance Ministry raised RON1.03 billion from banks on Monday (June 10), selling government paper in two auctions, at annual average yields of 6.29% and 6.69%, respectively.
Moldova’s Maib Proposes RON200M Worth of Dividends
Maib, the main lending institution of the Republic of Moldova, plans to distribute dividends worth MDL 757 million (around RON200 million) from the net results registered in 2021-2023.
New Tezaur Treasury Bills Available As Of Monday, June 10
Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, June 30, the ministry announced on Friday.
Finance Ministry Raises Nearly RON3B From Banks Via Two Bond Issues On June 6
Romania's Finance Ministry raised RON2.8 billion from banks on Thursday (June 6), selling government paper in two auctions, at annual average yields of 6.03% and 6.75%, respectively.
Allianz-Tiriac Ends Q1/2024 With RON910M Underwritings, Up 7% YoY
Allianz-Tiriac, the second largest insurer in Romania, ended the first quarter of 2024 with a volume of gross underwritten premiums of RON910 million, up 7% on the year, with the biggest inc...
Delphine Garcin-Meunier Gets Approved By Romania’s Central Bank For Chairperson Of BRD-SocGen
Delphine Mirelle Garcin-Meunier, who served as head of group strategy with Société Générale and has been a member of the Executive Committee of the group since 2023, has received approval of...
Finance Ministry Raises RON863M From Banks Via Two Bond Issues On June 3
Romania's Finance Ministry raised RON862.9 million from banks on Monday (June 3), selling government paper in two auctions, at annual average yields of 6.63% and 6.83%, respectively.
Romania Forex Reserves Grow To EUR65B In May 2024
Romania's foreign exchange reserves stood at EUR65.07 billion at end-May 2024, higher by EUR2.5 billion compared with EUR62.5 billion recorded in April 2024, central bank data showed on Mond...
Clifford Chance Badea Assists JC Flowers & Co in Completing Sale of First Bank to Italy’s Intesa
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has assisted J.C. Flowers & Co. in finalizing the sale of First Bank to Italian group Intesa, thus marking the...