Banks-Insurance
Safety Broker Set To Expand On Romanian Market Through Acquisition Of Globasig Broker
Safety Broker, the largest insurance broker on the Romanian market, plans to expand locally with the acquisition of Globasig Broker.
Finance Ministry Raises Nearly RON2B From Banks Via Two Bond Issues On December 7
Romania's Finance Ministry raised some RON2 billion from banks on Thursday (November 7), selling government paper in two auctions, at annual average yields of 6.43% and 6.04%, respectively.
BCR Raises RON1B From Bucharest Stock Exchange Investors Via Bond Issue Due In 2029
Banca Comerciala Romana has raised RON1 billion from the investors on the Bucharest Stock Exchange via a bond issue due in 2029.
Nuclearelectrica Makes CAD50M Term Deposit With CEC Bank At 4.4% Annual Interest
State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of 50 million Canadian dollars (equivalent of RON169.5 million) with state-run lender CEC Bank on Dec 5, the co...
Finance Ministry Raises RON1.3B From Banks On December 4
Romania's Finance Ministry raised RON1.3 billion from banks on Monday (December 4) selling bonds with a nominal value of RON500 million due in 2027, at an annual average yield of 6.58%.
Romania Forex Reserves Grow To EUR58.89B In November 2023
Romania's foreign exchange reserves stood at EUR58.89 billion at the end of November 2023, higher by EUR700 million than EUR58.18 billion at the end of October 2023, central bank data showed...
Banca Transilvania Raises EUR500M Via MREL Bonds From International Market
Banca Transilvania (TLV.RO) financial group has again tapped international markets, raising EUR500 million via MREL (minimum requirement for own fund and eligible liabilities) bonds due in f...
Nuclearelectrica Makes RON250M Deposit With CEC Bank At 4.4% Interest
State-run nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report on Nov 28 that it made a deposit of RON250 million (CAD75 million) with state-run lender CEC Bank.
IFC Lends Up To EUR50M To UniCredit Leasing
International Finance Corporation (IFC), part of World Bank, is granting an up to EUR50 million loan to UniCredit Leasing Corporation (UCLC), a subsidiary of UniCredit Bank Romania and membe...