Banks-Insurance
Finance Ministry Raises Nearly RON800M From Banks Via Two Bond Issues On May 9
Romania's Finance Ministry raised RON800 million from banks on Thursday (May 9), selling government paper in two auctions, at annual average yields of 6.35% and 6.70%, respectively.
European Investment Bank Boosts Europe’s Security & Defense With EUR4.5B Financing
The Board of Directors of the European Investment Bank (EIB) on May 9 endorsed a revised definition for dual-use goods and infrastructure eligible for EIB Group funding.
Romgaz Makes RON200M Term Deposit With Exim Banca Romaneasca
Natural gas producer and supplier Romgaz (SNG.RO) on Thursday notified the Bucharest Stock Exchange of having made a RON200 million term deposit without auto-renewal option with Exim Banca R...
Bucharest Stock Exchange And EBRD To Review Romanian Corporate Governance Code
The Bucharest Stock Exchange (BVB) and European Bank for Reconstruction and Development (EBRD) and the will work together to review the Romanian market’s corporate governance code, aligning...
Early Game Ventures Launches Second Investment Fund
Early Game Ventures on April 25 finalized the necessary documents for the official launch of its second investment fund, with a total value of EUR60 million, the firm said in a press release...
EBRD Lends Over EUR46M For 102MW Onshore Wind Farm In Romania
The European Bank for Reconstruction and Development (EBRD) is lending over EUR46 million as part of a EUR93 million financing package to build and operate a 102 MW onshore wind farm in Roma...
UniCredit Group Ends Q1/2024 With Net Profit Of EUR2.6B, Up 24% YoY
UniCredit Group, which holds the seventh largest bank in Romania by assets, ended the first quarter of 2024 with net profit of EUR2.6 billion, up 24% year-over-year, and revenue of EUR6.3 bi...
Competition Council Approves Takeover Of First Bank Romania By Intesa Sanpaolo Bank
Romania's Competition Council approved the transaction through which Intesa Sanpaolo Bank intends to take over First Bank Romania, which is held by US private investment firm J.C. Flowers.
Finance Ministry Raises Nearly RON1.87B From Banks Via Two Bond Issues On May 7
Romania's Finance Ministry raised RON1.87 billion from banks on Tuesday (May 7), selling government paper in two auctions, at annual average yields of 6.70% and 6.22%, respectively.