Banks-Insurance
Finance Ministry Raises RON438M From Banks On August 3
Romania's Finance Ministry raised RON438 million from banks on Thursday (August 3), selling government paper in two auctions, at annual average yields of 6.64% and 6.74%.
BRD-SocGen Group Ends 1H/2023 with RON768M Profit, Up 24.4% YOY
BRD-SocGen, the third largest bank locally by assets, in the first half of this year posted net profit worth RON768 million at group level, up 24.4% from the year-earlier period, while reven...
François Bloch To Step Down As CEO Of BRD Starting September 26, 2023
BRD, the second largest bank at the Bucharest Stock Exchange (RON10.2 billion) and the third largest bank by assets (RON71.5 billion in 2022), announced in a stock market report Wednesday ev...
Signal Iduna Insurance Companies Report 34% Higher Gross Underwritings, Of Over RON200M, In H1/2023
Signal Iduna companies registered a volume of underwritten gross premiums of over RON200 million in the first half of 2023, up 34% from the year-earlier period.
Filip & Company Assists Digi Group In Contracting EUR100M Syndicated Loan From ING Bank And Banco Santander
Law firm Filip & Company has assisted RCS & RDS and the subsidiary DIGI Spain Telecom S.L.U in contracting a term loan in the amount of EUR100 million, over a four-year period; ING Bank N.V....
Romgaz Makes RON44M Term Deposit With Eximbank
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Tuesday (August 1) announced its shareholders in a stock market report that it placed with Romania’s import-export bank Eximbank...
Romania Forex Reserves Grow To EUR53.9B On Month In July 2023
Romania's foreign exchange reserves stood at EUR53.9 billion in July 2023, higher by EUR519 million versus June 2023, central bank data showed on Tuesday (August 1).
tbi bank Integrates BNPL Payment Solution Into Flanco Stores
tbi bank, one of the most dynamic banks in Southeast Europe, is expanding its partnership with electronics retailer Flanco, which started in 2018, by integrating a Buy Now Pay Later payment...
Raiffeisen Bank Romania Ends 1H/2023 with RON874M Profit, from RON602M in 1H/2022
Raiffeisen Bank Romania ended the first half of 2023 with RON874 million profit, against RON602 million in the year-earlier period, while banking assets topped RON66 billion, up 10%.