Banks-Insurance
EBRD President To Visit Romania For Talks On Country's Economic Situation
Odile Renaud-Basso, the President of the European Bank for Reconstruction and Development (EBRD), is coming to Bucharest this week, where he will hold talks with President Klaus Iohannis, Pr...
Finance Ministry Raises RON522M From Banks On Sept 4
Romania's Finance Ministry raised RON522.5 million from banks on Monday (Sept 4), selling government paper with a nominal value of RON500 million at an annual average yield of 6.71%.
ASF Licenses First Digital Crowdfunding Platform For Real Estate Developers
The Financial Supervisory Authority (ASF) has licensed the first digital crowdfunding platform in Romania, which real estate developers can use to secure funding from investors for up to 60...
Romania Forex Reserves Almost Flat At EUR53.90B On Month In August 2023
Romania's foreign exchange reserves stood at EUR53.90 billion at the end of August 2023, close to the EUR53.93 billion level reported at the end of July 2023, central bank data showed on Fri...
Badea, Central Bank: The Corrective Measures Of Macroeconomic Imbalances Taken So Far Were Either Insufficient Or Didn't Have The Intended Effects
The corrective measures of macroeconomic imbalances Romania is facing, especially the budget deficit and the current account deficit, that have been taken so far have either been insufficien...
EBRD Appoints New Director For Romania
Victoria Zinchuk has been appointed the new Director for Romania of the European Bank for Reconstruction and Development (EBRD). the bank has announced on Thursday (August 31).
Patria Bank Makes RON11.2M Profit In H1
Patria Bank (PBK.RO), a lender owned by private equity fund Emerging Europe Accession Fund (EEAF), ended the first half of 2023 with RON11.2 million net profit, up 10.9% from the same period...
Three-Month ROBOR Ends August 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 in the se...
Finance Ministry Raises RON678M From Banks On August 28
Romania's Finance Ministry raised RON678 million from banks on Monday (August 28), selling government paper with a nominal value of RON500 million at an annual average yield of 6.76%.