Banks-Insurance
Socep Constanta Approves Taking EUR19M Loan From BRD-SocGen
Port operator Socep Constanta (SOCP.RO) has approved a loan it will take out from BRD- Groupe Société Générale (BRD.RO) to continue the investment in building a grain terminal, i.e., to comp...
CEC Bank Signs EUR105M Agreement With EIF To Fund SMEs Business Growth
Romanian state-run CEC Bank has signed a new agreement, of EUR105 million, with the European Investment Bank (EIB) to support small and medium-sized enterprises (SMEs) and mid-cap companies...
Finance Ministry Raises RON1.09B From Banks On October 26
Romania's Finance Ministry raised RON1.09 billion from banks on Thursday (October 26), selling government paper in two auctions, at annual average yields of 6.65% and 7.18%.
European Investment Fund And Raiffeisen Bank Romania Sign Agreement For SMEs Funding
The European Investment Fund (EIF) is granting Raiffeisen Bank Romania two guarantee schemes worth EUR400 million to fund the investments carried out by small and medium-sized enterprises (S...
European Investment Fund And Five Romanian Banks Team Up To Support SMEs For Sustainable Growth
The European Investment Fund (EIF) has signed agreements with five banks to support Romania’s small and medium-sized enterprises (SMEs).
World Bank: Romania Could Substantially Improve Living Standards While Decarbonizing Its Economy By 2050
Romania could raise its national income by almost three times in the next three decades while taking action to improve resilience against climate change and reduce carbon emissions, if it co...
Three-Month ROBOR Drops To 6.38% A Year On Oct 24 After Stagnating At 6.40% For Over 50 Days
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, has decreased to 6.38% a year o...
iBanFirst: Currency Volatility Expected To Return In 2024
In its 2024 Foreign Exchange Market Outlook released this week, iBanFirst provides Romanian companies, especially those doing international payments, with an overview of key trends for the u...
Finance Ministry Raises RON653M From Banks Selling Treasury Bills On October 23
Romania's Finance Ministry raised RON653 million from banks on Thursday (October 23), above the targeted level of RON600 million, selling treasury bills maturing in 2030, at an annual averag...