Banks-Insurance
BNP Paribas Raises RON100M Via Bonds From Private Pension Fund Vital
BNP Paribas, the largest bank in France, raised RON100 million from private pension fund Vital managed by Aegon in September, at a 7.35% yield per year and September 12, 2028 as maturity, as...
Financial Regulator OKs Remus Lapusan's Appointment As Executive Board Member Of Uniqa Asigurari de Viata
Romania's Financial Supervisory Authority (ASF) has approved the appointment of Remus Lapusan as a member of the Board of Directors of life insurance company Uniqa Asigurari de Viata, starti...
Romanian Central Bank Further Holds Benchmark Rate At 7%
Romania's central bank has decided at its board meeting on Wednesday (November 8, 2023) to keep its benchmark interest rate on hold at 7%.
Parcel Delivery Company Sameday Takes Out EUR25.3M Loan From Banca Transilvania
Banca Transilvania is granting a EUR25.3 million loan to parcel delivery company Sameday, held by eMAG, to support its medium-term investment plan.
Finance Ministry Raises RON1.3B From Banks On November 6
Romania's Finance Ministry raised RON1.3 billion from banks on Monday (November 6), selling government paper in two auctions, at annual average yields of 6.83% and 6.03%, respectively.
Alpha Bank Posts EUR34M Net Profit At EUR4.4B Assets In Jan-Sep 2023
Alpha Bank, a top ten lender by assets in Romania, posted EUR34 million net profit in the first nine months of 2023, while its assets reached EUR4.48 billion at the end of September, an annu...
Raiffeisen Bank Reports RON1.3B Profit for Jan-Sept 2023, Up 45% YOY
Raiffeisen Bank, the local subsidiary of the Austrian group of the same name, in the first nine months of 2023 registered RON1.3 billion, up 45% from the gain of the same period of 2022.
BRD Wants to Distribute Dividends with 5.5% Yield
BRD Soc Gen, Romania’s third largest lending institution, is convening its shareholders for December 14, 2023 to approve the distribution of RON643 million, namely 50% of the 2022 result, un...
BRD Jan-Sept 2023 Net Profit Up 19.4% YOY on 11.4% Higher Net Banking Income
BRD-SocGen, the third largest bank in Romania by assets, ended the first nine months of 2023 with a RON2.72 billion net banking income, up 11.4% from the year-earlier period, while net profi...