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Romgaz Makes RON201M Term Deposit With Exim Banca Romaneasca
Capital Market

Romgaz Makes RON201M Term Deposit With Exim Banca Romaneasca

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Wednesday (March 20) announced its shareholders in a stock market report that it opened a term deposit in amount of RON201.1 mil...

Loredana Frățilă-Cristescu · 20.03.2024 · 11:55 · 1 min
Banca Transilvania To Repurchase Shares Worth Maximum RON60M
Banks-Insurance

Banca Transilvania To Repurchase Shares Worth Maximum RON60M

Banca Transilvania (stock symbol: TLV), the largest lender in Romania, by assets, has announced that its Board of Directors decided on March 19, 2024 to approve the buyback of a maximum numb...

Ecaterina Craciun · 20.03.2024 · 00:25 · 1 min
CEC Bank Climbs To 3rd Place Among Lenders in Romania, Outranks BRD
Banks-Insurance

CEC Bank Climbs To 3rd Place Among Lenders in Romania, Outranks BRD

CEC Bank, a lender held by the Romanian government via the Finance Ministry, climbed to 3rd place in the ranking of the largest banks in Romania by assets in 2023, overtaking BRD, which is h...

Ecaterina Craciun · 19.03.2024 · 23:56 · 1 min
Omniasig Reports Gross Written Premiums Of RON2.4B For 2023, Up 12% YoY
Banks-Insurance

Omniasig Reports Gross Written Premiums Of RON2.4B For 2023, Up 12% YoY

Omniasig, the largest company in the local portfolio of Austria's Vienna Insurance Group (VIG), ended 2023 with an increase of 12% in gross written premiums compared to 2022, up to a total R...

Ecaterina Craciun · 19.03.2024 · 23:17 · 1 min
Leonardo Badea (Central Bank): Perspectives For Development And Consolidation Of Financial System Of Republic Of Moldova
Banks-Insurance

Leonardo Badea (Central Bank): Perspectives For Development And Consolidation Of Financial System Of Republic Of Moldova

On March 19, the closing event of the twinning project financed by the European Union “Consolidation of supervision, corporate governance and risk management in the financial sector” took pl...

Ecaterina Craciun · 19.03.2024 · 22:54 · 4 min
MedLife Supplements Syndicated Loan By EUR50M To Total Value Of EUR268M
Companies

MedLife Supplements Syndicated Loan By EUR50M To Total Value Of EUR268M

Private medical services operator MedLife announced on March 19 the signing of the addendum regarding the increase of the credit limit by an additional amount of EUR50 million, according to...

Ecaterina Craciun · 19.03.2024 · 22:14 · 3 min
CEC Bank Reports RON515M Estimated, Unaudited Net Profit, Up 15% for 2023
Banks-Insurance

CEC Bank Reports RON515M Estimated, Unaudited Net Profit, Up 15% for 2023

CEC Bank, a lending institution controlled by the Romanian state via the Finance Ministry, in 2023 registered an estimated unaudited net profit worth RON515.8 million, up 15%.

Roxana Dumitru Rosu - Mediafax · 19.03.2024 · 10:49 · 2 min
Romania's Central Bank Approves Appointment Of Valentin Vancea As CEO Of Patria Bank
Banks-Insurance

Romania's Central Bank Approves Appointment Of Valentin Vancea As CEO Of Patria Bank

Patria Bank (stock symbol: PBK) has informed investors in a stock market report on March 18 that Romania's National Bank approved the appointment of Grigore-Valentin Vancea to the position o...

Ecaterina Craciun · 19.03.2024 · 00:30 · 1 min
Three-Month ROBOR Returns To 6.08% Level After Edging Down To 6.07%
Banks-Insurance

Three-Month ROBOR Returns To 6.08% Level After Edging Down To 6.07%

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, inched up to 6.08% a year on Mo...

Ecaterina Craciun · 19.03.2024 · 00:06 · 1 min