Banks-Insurance
Finance Ministry Raises RON646M From Banks On May 22
Romania's Finance Ministry raised RON646 million from banks on Monday (May 22), higher than the scheduled RON500 million, selling government paper maturing in May 2027, at an annual average...
Romania Banking Sector Boasts Record High RON3.4B Profit in 1Q/2023
Net profit at the level of the Romanian banking system at the end of the first quarter of 203 hit a new record high, of almost RON3.4 billion, up around 70% from the gain reported for 1Q/202...
Finance Ministry Raises RON790M From Banks On May 18
Romania's Finance Ministry raised RON790.3 million from banks on Thursday (May 18), higher than the scheduled RON700 million, selling government paper maturing in September 2032, at an annua...
Study: European Banks Lead US And Asia-Pacific Counterparts In Overall ESG Activity
European banks lead globally on overall ESG (Environmental, Social and Governance) efforts, according to the latest EY Sustainable Finance Index.
Revolut Set to Open Romania Branch in 1Q/2024
Revolut, the fintech that operates as a bank on the basis of a European banking license for the time being, is set to open a branch in Romania in the first quarter of 2024, joining the other...
Millenium Insurance Broker Buys 5% In Tech Startup Insuretech
Millenium Insurance Broker (MIB.RO), an insurance company listed on the local capital market at the beginning of 2023, has informed its shareholders of its acquiring 5% of the share capital...
Three-Month ROBOR Keeps Downward Trend, Drops To 6.60% A Year On May 16
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, continued its downward path, fa...
Vista Bank And Alpha Bank Looking At First Bank
After the deal with UniCredit fell through at the end of last year, US private investment firm J.C. Flowers has put up for sale First Bank Romania again.
ATM Ventures Enters Transilvania Broker Shareholding Structure with 5.5% Holding
Transilvania Broker, an insurance broker listed on the Bucharest Stock Exchange, announced ATM Ventures, the investment arm of Autonom group, controlled by brothers Marius and Dan Stefan, ha...