Banks-Insurance
Three-Month ROBOR Stays At 6.14% After Downward Streak; IRCC For New Loans: 5.97% In Q1/2024
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, remained unchanged at 6.14% on...
Finance Ministry Raises RON900M From Banks On January 18
Romania's finance ministry on Thursday (January 18) raised RON900.3 million selling discount treasury bills maturing in January 2025, at an annual average yield of 6.01%.
Alpha Bank Romania Launches Online Fraud Prevention Service
Alpha Bank Romania launched at the beginning of 2024 the identity verification function of the recipient of payments made through online banking by joining the Beneficiary Name Display Servi...
Filip & Company Assisted Victoriabank In Finalizing Acquisition Of BCR Chisinau Branch
Law firm Filip & Company law firm assisted Banca Comerciala Victoriabank S.A., one of the largest banks in the Republic of Moldova, in finalizing the acquisition of BCR Chișinau S.A. from Ba...
UniCredit: CEE Economies Set to Rebound in 2024
CEE economies, including Romania, will not suffer any fiscal and budgetary expense cutback pressures in 2024 as the year is a crucial electoral one and governments must be generous and throw...
THR Marea Neagra Set To Take Out EUR4M Loan From Banca Transilvania
Turism, Hoteluri, Restaurante Marea Neagra (EFO.RO), which manages several hotels and restaurants in Romanian seaside resorts, has called shareholders for February 19, 2024 to approve a deci...
UniCredit Moves Ahead With Alpha Bank Romania Acquisition
The acquisition of Alpha Bank Romania is going well, the due diligence was fine and nothing to change the course of this deal was found, Teodora Petkova, UniCredit’s global head for Central...
Finance Ministry Raises RON1.75B From Banks Via Two Bond Issues On January 15
Romania's Finance Ministry raised RON1.75 billion from banks on Monday (January 15), selling government paper in two auctions, at annual average yields of 6.04% and 6.38%, respectively.
NN Romania Announces Launch Of NN Premium Care Abroad, A Health Protection Solution For Critical Illnesses
Insurance and private pension company NN Romania announces the launch of NN Premium Care Abroad, a health protection solution for critical illnesses such as cancer, cardiovascular bypass sur...