Banks-Insurance
BCR Group 1H/2023 Net Profit Up 6.6% To RON1.1B
BCR group in the first half of this year registered net profit worth RON1.11 billion (EUR225 million), 6.6% higher than in the year-earlier period amid improved operating performance support...
Ana Maria Mihaescu Quits As Independent Member Of Supervisory Board Of Raiffeisen Bank
Raiffeisen Bank has announced in a stock market report on Thursday (July 27) that Ana Maria Mihaescu submitted her resignation from the position of independent member of the Supervisory Boar...
CEC Bank Completes Takeover Of Rural Credit Guarantee Fund From BRD, BCR And Raiffeisen Bank
Romanian state-owned lender CEC Bank announced that it completed the acquisition of a 99.993% ownership stake in the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banc...
Finance Ministry Raises RON799 From Banks On July 27
Romania's Finance Ministry raised RON798.8 million from banks on Thursday (July 27), selling government paper maturing in October 2028, at an annual average yield of 6.61%.
BCR And Erste Grant EUR100M Club Loan Financing To Cerealcom Group
Cerealcom Group, one of the most successful Romanian agribusinesses and the country’s largest producer and exporter of cereals, has signed a club loan-type revolving credit financing worth E...
Romgaz Makes Two Terms Deposits With Eximbank
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Wednesday (July 26) announced its shareholders in a stock market report that it opened two term deposits with Romania’s import-e...
Three-Month ROBOR Edges Down To 6.44%/Year; Consumer Loan Reference Index IRCC At 5.94%/Year For Q3/2023
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, fell to 6.44% a year on Tuesday...
Deloitte Romania Assists RetuRO In Obtaining RON426M Green Loan From ING Bank
Deloitte Romania has assisted RetuRO, the company set up according to the current legislation with the purpose of managing the Deposit-Return System, considered Romania's most important circ...
UniCredit Bank Unveils Lending Solution For Micro-Enterprises in Romania
UniCredit Bank is introducing in its portfolio a lending solution for micro-enterprises in Romania with a turnover of maximum EUR1 million.