Banks-Insurance
Alpha Bank Ends 2023 with EUR38M Net Profit, Up 15% YOY
Alpha Bank Romania, among the 10 largest banks in Romania by assets, for 2023 reported EUR38 million net profit, 15% higher than in 2022, amid the strong commercial activity and efficient co...
Finance Ministry Raises RON1.4B From Banks Via Two Bond Issues On March 7
Romania's Finance Ministry raised RON1.4 billion from banks on Thursday (March 7), selling government paper in two auctions, at annual average yields of 6.02% and 6.37%, respectively.
Shareholders To Discuss Cross-border Merger By Absorption Whereby Credit Europe Bank Romania Will Be Absorbed By Credit Europe Bank N.V.,
The shareholders of Credit Europe Bank Romania will convene in extraordinary general meeting towards the end of March 2024 to discuss “the approval in principle of the initiation and partici...
Banca Transilvania Climbs To 3rd Spot Among World's 2024 Most Powerful Banking Brands
Banca Transilvania has impressively jumped from being the 7th to the 3rd strongest banking brand in the world in 2024, as per a new report from Brand Finance, the world's leading brand valua...
Banca Transilvania Deputy CEO Sells RON2.5M Worth Of Bank Shares
Tiberiu Moisa, Deputy CEO of Banca Transilvania (TLV.RO), the largest lending institution in Romania, sold RO2.5 million worth of the bank's shares at the Bucharest Stock Exchange, on March...
Finance Ministry Raises RON1B From Banks Via Two Bond Issues On March 4
Romania's Finance Ministry raised RON1 billion from banks on Monday (March 4), selling government paper in two auctions, at annual average yields of 6.13% and 6.54%, respectively.
Romania Forex Reserves Grow To EUR63.12B In February 2024
Romania's foreign exchange reserves stood at EUR63.12 billion at end-February 2024, compared to EUR61.41 billion on January 31, 2024, central bank data showed on Friday (March 1, 2024).
Banca Comerciala Romana Announces Launch Of BCR Romania PMI Index
Banca Comerciala Romana (BCR), in collaboration with the National Council of Small and Medium-Sized Private Enterprises in Romania (CNIPMMR), announces the launch of the BCR Romania Purchasi...
Three-Month ROBOR Ends February at 6.08%
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, continued to remain unchanged i...