Banks-Insurance
BCR, Banca Transilvania and OTP Bank Are Romania’s Most Digitalized Banks
BCR, controlled by Austria’s group Erste, Romania’s second largest bank by assets, comes third in the international ranking of the most competitive banks in terms of digitalization, with 6.8...
Garanti BBVA Romania Ends 2022 With RON191M Net Profit, Up 34% YoY; Revenue Of RON550M, Up 20% YoY
Garanti BBVA, part of Garanti BBVA Group Romania, recorded a net profit of RON191 million in 2022, up 34.3% year-over-year, and net revenue of RON550 million, 20.1% higher than in 2021.
Finance Ministry Raises RON950M From Banks On June 19
Romania's Finance Ministry raised RON950 million from banks on Monday (June 19), selling government paper maturing in April 2030, at an annual average yield of 6.72%.
Banca Transilvania Supplements April’s EUR500M Bond Issue By EUR100M
Banca Transilvania (TLV.RO), the largest bank in Romania by assets, on Monday evening notified the Bucharest Stock Exchange that it had decided to supplement its EUR500 million MREL eligible...
Finance Ministry Raises RON1.64B From Banks On June 12
Romania's Finance Ministry raised RON1.64 billion from banks on Monday (June 12), selling government paper maturing in May 2027, at an annual average yield of 6.69%.
GalicSud To Build Solar PV Park In Mehedinti County; Libra Internet Bank Grants EUR8M Financing
The company GalicSud based in Ramnicu Valcea is set to build a photovoltaic (PV) park of nearly 200,000 square meters in Mehedinti County, in the Izvoru Barzii commune, for which Libra Inter...
NBR Survey: Banks Tightened Lending Standards in 1Q/2023
Romania lending institutions in the first quarter of 2023 tightened lending standards for all loan categories amid expectations about the overall economic situation, monetary or macroprudent...
Finance Ministry Raises RON2.6B From Banks On June 8
Romania's Finance Ministry raised RON2.6 billion from banks on Thursday (June 8), selling government paper maturing in 2038, at an annual average yield of 7.04%.
UniCredit Bank Participated In Granting EUR250M Credit Facility To RCS-RDS Group
UniCredit Bank has participated, alongside other banks in Romania, to the granting of a syndicated loan worth a total EUR250 million to RCS-RDS Group.