Banks-Insurance
Allianz-Tiriac Ends Q1/2023 With RON848M Underwritings, Up 4% YoY
Insurance company Allianz-Tiriac, part of Germany's Allianz Group, ended the first three months of 2023 with total underwritings of RON848 million, up 4% on the year, with sales growth being...
Banca Transilvania Wants to Grow Only in Romania
Banca Transilvania, the biggest player in the local banking system, wants to grow only in Romania, with a focus on organic growth, without mulling foreign expansion.
UniCredit and Mastercard Expand Payments Partnership To 13 UniCredit Subsidiaries In 12 Markets, Including Romania
UniCredit and Mastercard have announced on Friday (May 26) the global expansion of their payments partnership through an agreement that targets 13 subsidiaries of the bank across 12 markets,...
Romgaz Makes RON450M Term Deposit With Eximbank
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Thursday (May 25) said in a stock market report that it placed with Romania’s import-export bank Eximbank a term deposit without...
Wolf Theiss Advises Banca Comerciala Romana On Its First Green Eurobond Issue Worth EUR700M
The Romanian office of the CEE / SEE law firm Wolf Theiss acted as legal advisor to Banca Comerciala Romana (BCR) in relation to its inaugural issue on the international capital markets of E...
BCR's First International Issue Of Green Eurobonds Enters Trading On Main Market Of Bucharest Stock Exchange On May 30
The Bucharest Stock Exchange (BVB) has announced that it will start trading the green Eurobonds issued by BCR in the amount of EUR700 million, on the Main Market of the Bucharest Stock Excha...
Finance Ministry Raises RON3.7B From Banks On May 25
Romania's Finance Ministry raised RON3.7 billion from banks on Thursday (May 25), selling government paper maturing in 2038, at an annual average yield of 7.49%.
OTP Officially Notifies Management OTP Bank Romania Is Up For Sale
OTP Bank has officially confirmed via an announcement by its management that OTP Bank Romania is up for sale, a process that may take a few months and if successful, the deal should be close...
Aegon Romania Sees 2022 Gross Underwritten Premiums Rise 8% To RON165M
Life insurer Aegon Romania, part of international financial group Aegon, ended 2022 with a RON165.73 million gross underwritten premium volume, more than 8% higher than in 2021, and a 4.92%...