Banks-Insurance
Finance Ministry Raises RON1.2B from Banks Via Two Bond Issues on March 20
Romania's finance ministry raised RON1.2 billion on Monday (March 20, 2023) through two government bond issues, at annual average yields of 7.32% and 6.86%, respectively.
ING Becomes Tenth Bank in Romania to Add Instant Payment Services to Portfolio
ING Bank Romania is expanding its innovative payment services portfolio with Instant Payments services, developed by Transfond.
Prefab Bucuresti Seeks To Get RON10M Loan For Investments
Construction materials manufacturer Prefab Bucuresti (PREH.RO) has summoned its shareholders on April 26, 2023 to get their approval with a view to contracting a loan of RON10 million from I...
Financial Regulator Withdraws License Of Insurer Euroins Romania
Romania's financial regulator ASF announced on Friday (March 17) that its board decided to withdraw the operating license of Euroins Romania, part of Bulgaria's Eurohold Group, for failing t...
Credit Europe Bank Romania Ends 2022 with RON34.5M Net Profit, Down from RON70M in 2021
Credit Europe Bank Romania in 2022 generated net profit worth RON34.5 million, down from RON70 million in 2021, amid ongoing digitalization investments.
Finance Ministry Raises RON1.03B From Banks Via Two Govt Bond Issues On March 16
Romania's finance ministry raised RON1.03 billion on Thursday (March 16, 2023) through two government bond issues, at annual average yields of 6.70% and 7.51%, respectively.
Nuclearelectrica Makes Term Deposits With Eximbank And CEC Bank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Romania’s import-export bank Eximbank a term deposit without extension in the amount of RON104.76 million, the company informed i...
ING Bank Net Profit Rises Slightly to RON1B in 2022
ING Bank posted net profit of RON1.06 billion in 2022, up slightly, by 3% on the 2021 figure, while revenue rose 10% to some RON2.6 billion.
EIB Granted Over EUR1B In Financing For Investments Across Romania In 2022
The European Investment Bank (EIB) and the European Investment Fund (EIF) signed more than EUR1 billion in financing for new investments across Romania.