Banks-Insurance
tbi bank Partners Up With EuPlatesc.ro To Offer Customers The Buy Now Pay Later Solution
tbi bank has concluded a partnership with payment processor EuPlatesc.ro, which works with almost 2,000 merchants, in order to offer consumers the possibility of paying their purchases in in...
Norofert Gets RON5M Loan From CEC Bank
Romanian producer of organic farming inputs Norofert (NRF.RO) has notified shareholders about taking out a RON5 million loan from CEC Bank to use for working capital, a report to the Buchare...
Banca Transilvania: Private Consumption To Grow By 2.9% In 2023, By 4.8% In 2024 And 2025; Average Inflation At 9.3% In 2023
Lender Banca Transilvania forecasts an increase of 2.9% in private consumption in 2023 and of 4.8% in 2024 and 2025, respectively, in parallel with an average inflation rate of 9.3% in 2023,...
Three-Month ROBOR Starts June Stuck At 6.55%
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, remained flat at the start of J...
Intesa Sanpaolo Romania Posts EUR2M Net Profit In Q1
Intesa Sanpaolo Romania, the local subsidiary of Italy’s banking group by the same name, posted EUR2 million net profit in the first quarter of 2023, a report of its parent group shows.
VIG Ends Q1/2023 With EUR3.871B Underwritings, Up 12.1% YoY
Austrian-held insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Asigurari de Viata in Romania, ended the first three months of 2023 with a volume of underwritings wor...
EY: UK And European Banks Report Strong Progress Towards Basel III Compliance
UK and European headquartered global banks are reporting strong progress towards Basel III compliance, well ahead of the January 2025 implementation deadline, according to a new EY research.
BCR Debuts On Bucharest Stock Exchange With First International Issue Of Green Eurobonds By A Romanian Bank
Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, is listing on Tuesday (May 30) the first international issue of green Eurobonds of a Romanian bank, unde...
Finance Ministry Raises RON817M From Banks On May 29
Romania's Finance Ministry raised RON817 million from banks on Monday (May 29), selling government paper maturing in 2030, at an annual average yield of 7.09%.