Banks-Insurance
CEC Bank Ends 1H/2023 with RON369.4M Net Profit, RON69M Assets, almost 30% Higher
CEC Bank ended the first half of this year with estimated, unaudited net profit of RON369.4 million, from RON110.8 million in 1H/2022, and assets worth RON69 million, up 29.4%.
Finance Ministry Raises RON500M From Banks On Sept 11
Romania's Finance Ministry raised RON500 million from banks on Thursday (Sept 7), selling government paper with a nominal value of RON500 million at an annual average yield of 6.82%.
Filip & Company Assists AROBS Transilvania Software In Transfer Of Shares To Main Market Of Bucharest Stock Exchange
Law firm Filip & Company has provided legal assistance to AROBS Transilvania Software (AROBS.RO), a global provider of tailor-made software solutions based on the latest technologies, in the...
Three-Month ROBOR Stays Put At 6.40% A Year
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, continued to stagnate at 6.40%...
Finance Ministry Raises RON550M From Banks On Sept 7
Romania's Finance Ministry raised RON550 million from banks on Thursday (Sept 7), selling government paper with a nominal value of RON500 million at an annual average yield of 6.44%.
Romania's Antitrust Body Conducts Unannounced Inspections At Several Bank Offices
Romania’s Competition Council carried out unannounced inspections at the premises of several commercial banks suspected of having colluded to set loan interest rates, according to sources on...
Norofert Closes EUR2M Working Capital Loan Early
Romanian producer of organic farming inputs Norofert (NRF.RO) has announced its shareholders in a stock market report about the early closing of a loan for Plafon Multiprodus - Monocompanie...
ZF: NPL Ratio In Romanian Banking System Stays Below 3% In H1/2023
The non-performing loan (NPL) ratio remained below 3% in the first half of 2023, the same as in the second half of 2022, ranging between 2.6% and 2.7%, according to Ziarul Financiar (ZF) dai...
Idea::Bank Appoints Viorel Ruse As Marketing And Communications Director; Viorel Vasile As Director Of Card Management Division
Idea::Bank is expanding its management team by appointing Viorel Ruse to the position of Director of Marketing and Communications and Viorel Vasile to the position of Director of the Card Ma...