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Finance Ministry Raises RON600.5M From Banks On April 18, 2024
Banks-Insurance

Finance Ministry Raises RON600.5M From Banks On April 18, 2024

Romania's Finance Ministry raised RON600.5 million from banks on Thursday (April 18, 2024) selling government bonds with a value of RON600 million due in 2030, at an annual average yield of...

Ecaterina Craciun · 18.04.2024 · 18:41 · 1 min
BCR Launches George SmartEU To Ease Entrepreneurs' Access To Information About Financing Programs Via EU Or National Funds
Banks-Insurance

BCR Launches George SmartEU To Ease Entrepreneurs' Access To Information About Financing Programs Via EU Or National Funds

Banca Comerciala Romana (BCR) announces a new expansion of the George digital ecosystem through the launch of George SmartEU, a functionality that facilitates entrepreneurs’ access to comple...

Ecaterina Craciun · 18.04.2024 · 16:59 · 1 min
Three Most Profitable Banks In Romania Account For About 50% Of Entire Banking System Profit In 2023
Banks-Insurance

Three Most Profitable Banks In Romania Account For About 50% Of Entire Banking System Profit In 2023

The largest banks in Romania posted higher profits in 2023 compared with 2022, as lending and income increased. Profits were largely driven by the high interest rates and low risk costs and...

Loredana Frățilă-Cristescu · 17.04.2024 · 23:56 · 1 min
UniCredit Bank Launches Onemarkets Fund For Romanian Market
Banks-Insurance

UniCredit Bank Launches Onemarkets Fund For Romanian Market

UniCredit Bank introduces exclusive investment solutions to the Romanian market with the launch of onemarkets Fund.

Ecaterina Craciun · 17.04.2024 · 15:15 · 3 min
Signal Iduna's Gross Written Premiums Up 34% YoY To Over RON274M In 2023
Banks-Insurance

Signal Iduna's Gross Written Premiums Up 34% YoY To Over RON274M In 2023

Signal Iduna Asigurare Reasigu­rare, the leader of the local health insurance market, ended 2023 with gross written premiums of over RON274 million, up 34% versus 2022.

Ecaterina Craciun · 17.04.2024 · 01:02 · 1 min
Romania's Central Bank: Annual Inflation Rate To Decline Further In Coming Months, But At A Slower Pace Than In 2023
Banks-Insurance

Romania's Central Bank: Annual Inflation Rate To Decline Further In Coming Months, But At A Slower Pace Than In 2023

The annual inflation rate will decline further in the coming months, but at a slower pace compared to 2023 and on a slightly higher path than that anticipated in the February 2024 medium-ter...

Ecaterina Craciun · 17.04.2024 · 00:10 · 5 min
Finance Ministry Raises RON512M From Banks On April 11
Banks-Insurance

Finance Ministry Raises RON512M From Banks On April 11

Romania's Finance Ministry raised RON512.6 million from banks on Monday (April 15, 2024), selling benchmark bonds, above the planned value of RON400 million, due in April 2028, at an annual...

Ecaterina Craciun · 15.04.2024 · 19:49 · 1 min
New Tezaur Treasury Bills Available As Of Monday April 15
Banks-Insurance

New Tezaur Treasury Bills Available As Of Monday April 15

A new issue of Tezaur Treasury bills will become available on Monday, April 15, Romania’s finance ministry announced on Friday.

Loredana Frățilă-Cristescu · 12.04.2024 · 19:22 · 1 min
Finance Ministry Raises RON580M From Banks On April 11
Banks-Insurance

Finance Ministry Raises RON580M From Banks On April 11

Romania's Finance Ministry raised RON580 million from banks on Thursday (April 11, 2024), selling benchmark bonds, above the planned value of RON400 million due in April 2031, at an annual a...

Ecaterina Craciun · 11.04.2024 · 15:05 · 1 min