Banks-Insurance
CFA Analysts Forecast 2.7% Economic Growth, 5.4% Budgetary Gap in 2024. Inflation Expected to Average 5.33%, Leu to Reach 5.0419 Units/Euro in Next 12 Months
Financial analysts part of CFA Romania association estimate the Romanian currency will decline to an average exchange rate of 5.0419 units/Euro in the next 12 months, while the inflation rat...
Raiffeisen Set to Send RON860M Worth of Dividends to Vienna, Half 2023’s Record High Profit
Raiffeisen, the Romanian subsidiary of the Austrian group of the same name, will distribute dividends worth RON860 million, namely half the record high profit of 2023.
BRD SocGen To Pay Out RON817M Dividends, Namely 50% Of 2023 Net Profit
The shareholders of BRD – Groupe Société Générale (BRD.RO), the fourth largest bank in Romania, by assets, have approved the distribution of a gross dividend of RON1.1725 per share from the...
Banca Transilvania Gets Shareholder Approval To Distribute RON1B Dividends, To Boost Share Capital By RON1.2B
Banca Transilvania (TLV.RO), the largest bank in Romania by assets, has announced in a stock market report that its shareholders approved, in their extraordinary general meeting of April 25,...
Finance Ministry Raises RON1.39B From Banks On April 25
Romania's Finance Ministry raised RON1.39 billion from banks on Thursday (April 25), selling government paper in two auctions, at annual average yields of 6.24% and 6.82%, respectively.
Kearney: Romanian Banks Registered Above Average Income Growth Vs European Peers In 2023
Romanian banks registered above average income growth versus European peers in 2023, but they still need to catch-up (even with some CEE peers) in productivity metrics like profit per custom...
Romania Private Lending Up 4.7% YoY To RON387B In March 2024
Private lending in Romania went up 4.7% to RON387 billion in March 2024 compared with March 2023, central bank data showed on Wednesday (April 24, 2024).
NN Asigurari de Viata Ends 2023 with RON102M Net Profit, Up 12% YOY
NN Asigurari de Viata, leader of Romania’s life insurance market, ended 2023 with net profit worth almost RON102 million, up 12% from 2022.
Eurowind Energy Signs EUR65M Loan Facility With BCR And Erste Group
Eurowind Energy, a Danish renewable energy company, has signed a EUR65.33 million loan facility for the construction of a wind farm in Pecineaga, Constanta County, with a total capacity of 4...