Banks-Insurance
Romgaz Makes RON88M Term Deposit With Eximbank
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Wednesday (May 3) said in a stock market report that it placed with Romania’s import-export bank Eximbank a term deposit without...
Law Firm Filip & Company Assists Digi Group In Contracting Two Loans Totaling Over EUR132M
Law firm Filip & Company has assisted RCS & RDS S.A., part of Digi Group, in contracting new financing totaling over EUR132 million, for a period of up to three years.
Romania Forex Reserves Grow To EUR53.3B On Month In April 2023
Romania's foreign exchange reserves stood at EUR53.3 billion in April 2023, higher by EUR112 million versus March 2023, central bank data showed on Tuesday (May 2).
Libra Internet Bank Ends 2022 With RON238M Net Profit, Up 31% YoY
Libra Internet Bank, a member of U.S. investment group New Century Holdings, reported a net profit of RON238.1 million for 2022, up 31.4% on the year, and managed to maintain a small ratio o...
Metropolitan Life Pensii Private Bought 13% of BRD Shares Traded on Bucharest Stock Exchange in March
Metropolitan Life Pensii Private, the manager of the third largest Pillar II pension fund in Romania after NN Pensii and AZT Viitorul Tau, went shopping in March 2023 and increased its stake...
Central Bank: Romania Private Lending Grows 10.2% YoY In March 2023
Private lending in Romania grew by 10.2% in nominal terms (-3.8% in real terms) in March 2023 versus March 2022 to RON370.4 billion, as local currency lending increased by 2.7% (-10.3% in re...
Patria Bank Gets EUR5M Loan From EIF To Fund Entrepreneurs In Rural And Small Urban Areas In Romania
The European Investment Fund (EIF) has signed a EUR5 million loan to Patria Bank, a Romanian lender specialized in financing small and microentrepreneurs with limited access to finance.
BCR Reports RON562.7M Net Profit in 1Q/2023, Up 17.8% YOY
Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2023 with net profit worth RON562.7 million (EUR114.4 million), up 17.8% from the year-earlier per...
Finance Ministry Raises RON1.6B From Banks Via Two Bond Issues On April 27
Romania's finance ministry raised RON1.6 billion on Thursday (April 27, 2023) through two government bond issues, at annual average yields of 7.17% and 7.33%, respectively.