Banks-Insurance
Finance Ministry Raises RON674M From Banks On August 21
Romania's Finance Ministry raised RON674 million from banks on Monday (August 21), selling government paper with a nominal value of RON500 million due in October 2028, at an annual average y...
Banca Transilvania Complements Bond Issuance Program With EUR190M, Reaching Around EUR1B
Lender Banca Transilvania (TLV.RO) complements with EUR190 million its capital raising program to finance the economy by issuing bonds, thus reaching almost EUR1 billion, as per a report pub...
UniCredit Bank Generates RON663.8M Profit in Romania in 1H/2023, Up 63.7%
Italian Group UniCredit for the first half of 2023 reported net consolidated profit of RON663.8 million from Romania operations, around 64% higher than the consolidated gain of 1H/2022.
Stup, A Project Developed By Banca Transilvania And BT Mic, Creates Community Of 14,000 Entrepreneurs In One Year
Stup (Hive), a project developed by lender Banca Transilvania and BT Mic, which supports small entrepreneurs, newly established businesses and paper business ideas, has celebrated one year o...
Finance Ministry Raises RON907M From Banks On August 17
Romania's Finance Ministry raised RON906.7 million from banks on Thursday (August 17), selling government paper in two auctions, at annual average yields of 6.21% and 6.99%.
Alba Iulia Set to Get EUR15M Funding from EBRD for Public Transport Infrastructure Upgrade
The European Bank for Reconstruction and Development (EBRD) is lending EUR15 million to the municipality of Alba Iulia in Romania to co-fund together with the European Union the rehabilitati...
Libra Internet Bank Ends H1/2023 With RON160M Net Profit, Up 46% YoY
Libra Internet Bank, a member of U.S. investment group New Century Holdings, ended the first half of 2023 with a net profit of RON160 million, up 46% on the year, and revenue of RON340 milli...
OTP Bank Ends H1 With RON183M Consolidated Net Profit
OTP Bank Romania recorded a consolidated net profit of RON183 million in the first half of 2023, driven by an increase in operating profit and positive credit risk costs, as the bank posted...
Finance Ministry Raises RON525M From Banks On August 10
Romania's Finance Ministry raised RON525 million from banks on Thursday (August 10), selling government paper maturing in 2026, at an annual average yield of 6.58%.