Banks-Insurance
EIB: Most Romanians Willing to Pay Higher Income Tax To Help Lower-Income Households Cope with Green Transition Costs
Most Romanians say they would be willing to pay more income tax to aid lower-income households cope with the costs of green transition, with the weight being 7 points above the EU average (6...
Impact Developer & Contractor Takes Out EUR3.5M Loan From Garanti Bank For Working Capital Needs
Real estate developer Impact Developer & Contractor (IMP.RO) announced in a stock market report on Monday (Nov 27) that it had concluded an agreement with Garanti Bank for a working capital-...
Banca Transilvania Gets Investment Grade Credit Rating From Moody’s
Banca Transilvania (TLV.RO), the largest lender in Romania, got the “investment grade” rating from Moody’s, the bank said in a press release.
Finance Ministry Raises Nearly RON400M From Banks On November 27
Romania's Finance Ministry raised RON399.4 million from banks on Monday (November 27), below the planned level of RON600 million, selling bonds due in May 2027, at an annual average yield of...
World Bank: Climate Change Mitigation Actions In Romania To Involve Consumer Price Hikes And Tax Increases
Climate change mitigation efforts in Romania will require public support as they entail increases in consumer prices and/or taxes, as per a World Bank report dedicated to Romania.
UniCredit Bank Issues RON480M Senior Unsecured Corporate Bonds
UniCredit Bank has successfully concluded a new issuance of senior unsecured corporate bonds in RON, carried out during the 21 – 24 November 2023 period.
Finance Ministry Raises RON409M From Banks On November 23
Romania's Finance Ministry raised RON409 million from banks on Thursday (November 23), below the planned level of RON500 million, selling bonds due in 2034, at an annual average yield of 7.2...
Romania’s Banking System Makes Over RON10B Profit In Jan-Sep, As Much As In Entire 2022
The significant rise in banks’ revenue along with the rise in interest rates and continued lending helped Romania’s banking system make a record net profit of more than RON10 billion (EUR2 b...
Romania's Central Bank Greenlights Maria Rousseva's Appointment As CEO Of BRD
The National Bank of Romania approved the appointment of Maria Rousseva for the position of Chief Executive Officer (CEO) of BRD-Groupe Societe Generale, for a four-year term, in line with a...