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Finance Ministry Raises RON807M From Banks On March 18, 2024
Banks-Insurance

Finance Ministry Raises RON807M From Banks On March 18, 2024

Romania's Finance Ministry raised RON807 million from banks on Monday (March 18, 2024), selling benchmark bonds with a scheduled value of RON600 million due in April 2031, at an annual avera...

Ecaterina Craciun · 18.03.2024 · 22:19 · 1 min
Millenium Insurance Broker Seeks To Pay Out RON2.3M Dividends, At 7% Yield
Banks-Insurance

Millenium Insurance Broker Seeks To Pay Out RON2.3M Dividends, At 7% Yield

Millenium Insurance Broker (MIB), an insurance broker majority owned by mobility network Autonom Services, is summoning its shareholders to approve, among others, the distribution of RON2.3...

Ecaterina Craciun · 16.03.2024 · 00:51 · 1 min
Nuclearelectrica Makes New Term Deposit With CEC Bank, Of RON250M, At 5.75% Annual Interest
Banks-Insurance

Nuclearelectrica Makes New Term Deposit With CEC Bank, Of RON250M, At 5.75% Annual Interest

State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of RON250 million with state-run lender CEC Bank on Thursday (March 14), the company announced in a stock marke...

Ecaterina Craciun · 16.03.2024 · 00:03 · 1 min
Ioan Alin Nistor, New Chief Economist At Banca Transilvania
Banks-Insurance

Ioan Alin Nistor, New Chief Economist At Banca Transilvania

Lender Banca Transilvania has appointed Ioan Alin Nistor as new chief economist.

Ecaterina Craciun · 15.03.2024 · 23:46 · 1 min
BRD Wants to Distribute RON980M Worth of Dividends from 2023 Profit
Banks-Insurance

BRD Wants to Distribute RON980M Worth of Dividends from 2023 Profit

BRD Soc Gen, Romania’s third largest lending institution by assets, is convening its shareholders to approve among others the distribution of RON980.5 million from 2023 profit under the form...

Liviu Popescu · 15.03.2024 · 09:36 · 1 min
Uniqa Asigurari And Uniqa Asigurari de Viata End 2023 With Nearly EUR120M Gross Written Premiums, Up 10% YoY
Banks-Insurance

Uniqa Asigurari And Uniqa Asigurari de Viata End 2023 With Nearly EUR120M Gross Written Premiums, Up 10% YoY

Uniqa Asigurari and Uniqa Asigurari de Viata, companies operating in Romania under the umbrella of Austrian group Uniqa, reached an overall volume of gross written premiums of EUR119.5 milli...

Ecaterina Craciun · 15.03.2024 · 02:22 · 1 min
NN Asigurari Boosts Share Capital By RON24.5M Up To RON88.6M
Banks-Insurance

NN Asigurari Boosts Share Capital By RON24.5M Up To RON88.6M

NN Asigurari, the general insurance division of NN Romania, has received the approval of the Financial Supervisory Authority (ASF) to increase its share capital by RON24.5 million, up to nea...

Ecaterina Craciun · 15.03.2024 · 02:02 · 1 min
Finance Ministry Raises RON1.7B From Banks Via Two Bond Issues On March 14
Banks-Insurance

Finance Ministry Raises RON1.7B From Banks Via Two Bond Issues On March 14

Romania's Finance Ministry raised RON1.7 billion from banks on Thursday (March 14), selling government paper in two auctions, at annual average yields of 6.03% and 6.65%, respectively.

Ecaterina Craciun · 14.03.2024 · 20:25 · 1 min
Banks In Romania Granted RON140B Worth Of New Loans To Households And Companies In 2023, Up 10.4% YoY
Banks-Insurance

Banks In Romania Granted RON140B Worth Of New Loans To Households And Companies In 2023, Up 10.4% YoY

New loans granted by banks in Romania to households and companies amounted to RON140 billion in 2023, which translates into an increase of 10.4% compared to the volume of new loans accessed...

Ecaterina Craciun · 14.03.2024 · 01:57 · 3 min