Banks-Insurance
Groupama Retains Leading Position on Romania Insurance Market in Jan-Sept 2023
Groupama after the first nine months of 2023 was still the leading company on the insurance market, reaching a market share of almost 22%.
UniCredit Bank Generates almost EUR300M Profit in Romania in 2023, Up 44%
Italian group UniCredit for 2023 reported EUR286 net profit from Romania operations, up over 44% from 2022, amid rising lending and revenues.
Finance Ministry Raises RON1.5B From Banks Via Two Bond Issues On February 5
Romania's Finance Ministry raised RON1.5 billion from banks on Monday (February 5), selling government paper in two auctions, at annual average yields of 5.96% and 6.33%, respectively.
ING Bank: Most Romanian Homeowners Took Measures To Enhance Energy Efficiency Of Their Homes, In Last 3 Years
Most Romanian homeowners (83% of those surveyed) say they have taken measures to improve the energy efficiency of their homes in the last three years, mainly by improving thermal insulation...
Romania Forex Reserves Grow To EUR61.4B In January 2024
Romania's foreign exchange reserves stood at EUR61.4 billion on January 31, 2024, compared to EUR59.7 billion on December 31, 2023, central bank data showed on Thursday (February 1).
Finance Ministry Raises RON1.73B From Banks Via Two Bond Issues On February 1
Romania's Finance Ministry raised RON1.73 billion from banks on Thursday (February 1), selling government paper in two auctions, at annual average yields of 5.97% and 6.03%, respectively.
Catalin Munteanu Takes Over As Executive Director Of Products And Retail Segments Division Of BCR
Catalin Munteanu, one of the most renowned banking professionals in Romania, is taking over the position of Executive Director of the Products and Retail Segments Division of Banca Comercial...
Société Générale Looking Into Sale Of BRD
France’s Société Générale Group is looking into the opportunity of selling BRD, the third largest bank in Romania and hired JP Morgan to handle it, banking market sources say.
Three-Month ROBOR Drops To 6.11% On Jan 30, 2024, The Lowest Level Since Summer 2022
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, decreased to 6.11% on Tuesday (...