Banks-Insurance
Libra Bank Changes Name To Libra Internet Bank
Libra Bank changed its name this month to Libra Internet Bank, marking a new stage in its development, focused on online services, the Romanian lender said Thursday.
Romania Sells RON600M 3-Year Bonds At 7.34% Average Yield
Romania’s Finance Ministry on Thursday sold a planned 600 million lei (EUR141 million) in three-year bonds, at an average yield of 7.34% a year, higher than at the previous auction.
Asirom 1H Premiums Subscribed Up 30.3% To RON368.6M
Romanian insurer Asirom Vienna Insurance Group underwrote premiums worth 368.62 million lei (EUR86.6 million) in the first six months of the year, up 30.3% from the same period of 2010, whil...
BCR Asigurari Revenue Down 2.2% In 1H, To RON231.5M
Romanian insurer BCR Asigurari underwrote premiums of 231.56 million lei (about EUR54 million) in the first half of the year, down 2.2% compared to the first half of 2010, the company said T...
Leu In Ranges Vs Euro, Exchange Rate At 4.2567
Romania’s leu traded slightly above 4.25 per euro by mid session Thursday, amid rising aversion to risk in the region, but the central bank’s reference strengthened slightly to 4.2567 units,...
Vienna Insurance Group’s Pretax Profit In Romania Down To EUR1.6M In 1H
The profit before taxes registered by Vienna Insurance Group (VIG) in Romania dropped nine times in the first half of the year to EUR1.6 million from EUR14.3 million in the same interval a y...
Leu Dips Vs Euro, On Cautious Trading
The Romanian leu opened Thursday slightly weaker versus the euro, in a market dominated by uncertainty and still frail investor confidence.
Top Ten Romanian Banks After 1H
The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are see...
Romanian AXA Life Insurance Underwritten Premiums Dn 1% In 1H, To RON10.96M
Romanian AXA Life Insurance (formerly Omniasig Life) underwrote premiums worth 10.96 million lei (EUR2.57 million) in the first half of this year, down almost 1% from June 2010, according to...