Banks-Insurance
BCR Asigurari de Viata To Pay RON15.6M Dividend For 2011
Romanian insurer BCR Asigurari de Viata will pay dividends of 15.6 million lei (EUR3.37 million) for the 2011 financial year.
CSA Might Set New Rules Regarding Voluntary Home Insurance
Romanian insurers might be allowed to issue voluntary home insurance policies only for sums higher than those covered by mandatory home insurance policies, which range between EUR10,000 and...
Banca Transilvania’s Farm Loans To Cover 90% Of Area Subsidies
Romanian lender Banca Transilvania will give loans to farmers covering 90% of the value of subsidies granted through the single payment scheme for 2012, the lender said in a press release We...
BNR: Overdue Loans Up 1.7% To RON25.2B In June
Romanian overdue private loans rose 1.7% on the month to 25.15 billion lei (EUR5.44 billion) in June, equal to 10.95% of the total lending, central bank data showed Wednesday.
Safety Broker’s 1H Brokered Premiums Up 40% To EUR15.1M
Romanian insurance broker Safety Broker de Asigurari brokered premiums of EUR15.11 million, up 40% on the year in the first half of 2012, the company said Wednesday.
Espe Energia Gets EUR17M Loan From BCR To Build Micro Hydro In N Romania
Romanian bank Banca Comerciala Romana, or BCR, granted a EUR17 million loan to company Espe Energia SRL to construct a micro hydropower facility in Maramures county, northern Romania.
Burden Of Euro Loans Becomes Unbearable For The New Exchange Rate Level
Romanians are stifled by euro loans, cut consumption, while companies count their losses. The depreciation of the leu by 7.4% against the euro this year increases the bills of the population...
Tax Evasion Fight Ups ANAF’s Revenues By RON1.2B In 2Q
Romanian tax authority ANAF collected 1.2 billion lei (EUR258.6 million) more in revenues generated by tax evasion fight in April-June 2012, compared with the first quarter of the year, Prim...
BNR: Private Lending Inched Down To RON227.08B In June
Romanian private lending edged down to 227.08 billion lei (EUR49.3 billion) in June, from RON227.09 billion a month earlier, central bank data showed Tuesday.