Banks-Insurance
Finance Ministry Raises RON654M From Banks On February 15, 2024
Romania's Finance Ministry raised RON654 million from banks on Thursday (February 15, 2024) selling bonds with a nominal value of RON500 million due in April 2030, at an annual average yield...
Erste Group Revises Romania's 2024 GDP Growth Forecast Down To 2.6% From 3.3% Previously
Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has revised downwards its forecast on Romania’s economic growth to 2.6% for 2024 from a previous estimate of 3.3%, afte...
EIF Official: We Financed Six Investment Funds With EUR125M and Readying to Grant Another EUR70M In 2024
The European Investment Fund (EIF) has so far granted financing worth EUR125 million and by December 31, 2025 has available the rest up to the EUR400 million it set off with, Roger Havenith,...
Evergent Investments Contracts New Credit Facility Of EUR10M From Banca Comerciala Romana
Alternative investment fund Evergent Investments (EVER.RO) has announced in a stock market report on Tuesday (Feb 13) that it decided to continue the investments in listed stocks through cre...
Romania's Central Bank Holds Key Rate Steady At 7% a Year For 9th Consecutive Time
Romania's central bank has decided at its Board meeting on Tuesday (February 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's ninth consecutive rate freeze.
Finance Ministry Raises RON784M From Banks On Feb 12
Romania's Finance Ministry raised RON784 million from banks on Monday (January 29, 2024) selling bonds with a nominal value of RON500 million due in April 2031, at an annual average yield of...
Cybersecurity Remains Top Risk For European Banks
For the second consecutive year, the EY and Institute of International Finance (IIF) Bank Risk Management Survey finds that cybersecurity is the top concern for European banking Chief Risk O...
Finance Ministry Launches New Edition of TEZAUR T-Bills Program
The Finance Ministry starting Monday, February 12 launched a new edition of the TEZAUR Treasury bills (T-bills) program for the general population.
Law Firm Filip & Company Assists Banca Transilvania in OTP Bank Romania Acquisition for EUR347.5M
Filip & Company team granted legal assistance to Banca Transilvania in the signing of documents for the acquisition of OTP Bank Romania, OTP Leasing and OTP Asset Management.