Banks-Insurance
Finance Ministry Raises RON340M From Banks On February 22, 2024
Romania's Finance Ministry raised RON340 million from banks on Thursday (February 22, 2024), selling benchmark bonds with a scheduled value of RON200 million due in February 2038, at an annu...
Raiffeisen Bank Romania Ends 2023 with RON1.7B Profit, Up 39% YOY, RON3.7B Income, 16% Higher
Raiffeisen Bank Romania in 2023 posted income worth RON3.7 billion, up 16%, and net profit worth RON1.7 billion, 39% higher than in 2022.
Revolut Set to Launch Mortgage Loans and Savings Accounts
Victor Stinga, the interim CFO of Revolut, said the fintech wants to launch mortgages and savings accounts as a rising number of European clients, including Romanian ones, are starting to se...
Autonom Protect Takes Over Majority Stake in Nova Ria24
Autonom Protect, the services unit for the insurance market of Autonom group, controlled by brothers Marius and Dan Stefan, has taken over the majority stake in Nova Ria24 Servicii, a compan...
Finance Ministry Raises RON443.2M From Banks On February 19, 2024
Romania's Finance Ministry raised RON443.2 million from banks on Monday (February 19, 2024) selling benchmark bonds with a scheduled value of RON500 million due in May 2027, at an annual ave...
KIWI Finance Brokers More Than RON1.7B Loans In 2023
KIWI Finance, one of the most important players in the loan brokerage market in Romania, ended 2023 with a volume of intermediated loans of over RON1.7 billion (EUR350 million), more than 90...
ING Romania Appoints Austrian Philipp Gamauf CFO
Philipp Gamauf will take the position of chief financial officer (CFO) of ING Bank Romania as of March 1, at which time he will also become a member of the bank's Executive Committee, the ba...
Intesa Sanpaolo Rakes in EUR7M Net Profit in Romania, Above 2022 Level
Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in 2023 generated net profit worth EUR7 million.
ING Bank Romania Mobilized Over EUR1B In Sustainable Transactions With Bonds And Loans In 2023
ING Bank Romania supported bonds and loans (syndicated or bilateral) of more than EUR1 billion in sustainable transactions in 2023, compared to over EUR600 million mobilized in bonds and loa...