Banks-Insurance
Italy's Intesa Sanpaolo Group Officially Completes Acquisition Of First Bank Romania
Italy's Intesa Sanpaolo Group has officially completed the acquisition of First Bank Romania from US private investment firm J.C. Flowers, and thus climbs in the ranking of ten largest banks...
Three-Month ROBOR Ends The Month Of May At 6.04%/Year
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, has continued to stagnate over...
Romgaz Seeks To Borrow EUR150M From Banca Transilvania And EUR100M From UniCredit
Natural gas producer and supplier Romgaz (SNG.RO) is calling its shareholders for a meeting on July 1, 2024 to approve, among others, two loans under the form of credit lines, one from Banca...
Finance Ministry Raises RON651M From Banks On May 30
Romania's Finance Ministry raised RON651 million from banks on Thursday (May 30), selling benchmark bonds, above the planned level of RON400 million, at an annual average yield of 6.15%.
VIG Group's Underwritings Grow 11% YoY To EUR4.3B In Q1/2024
Austrian-held insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Asigurari de Viata in Romania, reported gross written premiums of nearly EUR4.3 billion for the first...
Meridian Taxi Introduces POS-es In Partnership With Revolut
Revolut Business and Meridian Taxi have entered into a partnership whereby the urban mobility service provider will equip its fleet of 1,000 vehicles with Revolut Reader payment terminals, R...
Law Firm Filip & Company Assists Banca Transilvania In Acquisition Of BRD Pensii
Filip & Company team has assisted Banca Transilvania Group in the acquisition of BRD Pensii, a Societe Generale group company that manages a mandatory private pension fund (Pillar II) and a...
Banca Transilvania Officially Announces Acquisition Of BRD Pensii
Banca Transilvania (TLV.RO), the largest bank in Romania, announced on the Bucharest Stock Exchange on Tuesday evening that it had reached an agreement with France’s Société Générale to buy...
EBRD Buys 3.2% In Premier Energy Via IPO
The European Bank for Reconstruction and Development (EBRD), the largest institutional investor in Romania, has bought into Premier Energy (PE.RO), following the initial public offering the...