Banks-Insurance
Banca Transilvania Aims to Boost Lending and Profit by 7%, Assets by 13% in 2023
Banca Transilvania, the biggest lending institution on the Romanian market by assets, expects to generate net profit of above RON2.3 billion this year, 7% above the 2022 level, as it project...
Finance Ministry Raises RON500M From Banks On March 23
Romania's Finance Ministry raised RON500 million on Thursday (March 23) selling bonds maturing in April 2025, at an annual average yield of 7.09%.
Bank Deposits Up 8.5% YoY To RON522B In February 2023
Deposits of non-government resident customers grew by 1.7% in February 2023 up to RON522 billion versus January 2023, and by 8.5% (down 6.1% in real terms) versus February 2022, in line with...
Romania Private Lending Up 10.6% in February 2023 from Year-Earlier Period, but Down 4.2% in Real Terms
Private lending in February 2023 rose by 10.6% against the same period of 2022, to RON365.8 billion, as local currency lending went up by 4.3% and the foreign currency one increased by 27.4%...
Mastercard Launches Cashback Campaign for Romanians Paying Taxes by Card by March 31
Mastercard is launching in Romania a cashback campaign for people who during the March 24-31 period choose to pay their taxes with a Mastercard debit or credit card, on Ghiseul.ro platform a...
Transilvania Broker de Asigurare Proposes RON10M Dividends To Its Shareholders, At 10% Yield
Transilvania Broker de Asigurare (TBK.RO), one of the largest insurance brokers on the local market, will convene its shareholders on April 26 to approve a decision to distribute RON10 milli...
Electrica Group Concludes RON180M Loan Agreement With European Bank for Reconstruction and Development
The Electrica Group, through its subsidiary Distributie Energie Electrica Romania SA (DEER), has concluded a loan agreement with the European Bank for Reconstruction and Development (EBRD).
tbi bank Teams Up With Inter Broker de Asigurare
tbi bank has partnered with Inter Broker de Asigurare to allow Romanians to buy insurance products of any kind through the Buy Now, Pay Later (BNPL) solution.
EBRD And CIPE Launch Corporate Governance Training Initiative To Promote Female Participation On Boards
The European Bank for Reconstruction and Development (EBRD) and the Center for International Private Enterprise (CIPE) have launched a joint corporate governance training initiative aimed at...