Banks-Insurance
Millenium Insurance Broker Makes Its Debut On AeRO Market Of Bucharest Stock Exchange
Millenium Insurance Broker (MIB), an insurance broker with 25 years of experience in the Romanian market, is making its debut on the AeRO market of the Bucharest Stock Exchange (BVB) on Mond...
CEC Bank 2022 Net Profit Rises 22% To RON447M YOY
Romanian state-owned lender CEC Bank reported an estimated, unaudited net profit of RON 446.8 million for 2022, up 22% compared to 2021. This is the fourth consecutive year of solid profits,...
Banca Transilvania Sees RON2.5B Net Profit in 2022
Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON2.5 billion consolidated net profit in 2022, an increase of 23% on 2021, while assets increased by 6% to RON140.5 billio...
Romania Banking System Boasts Record High RON10.2B Profit in 2022
Net profit generated by the Romanian banking system at end-2022 hit a record high of RON10.2 billion, up 24.4% from the 2021 gain.
Third Issue Of CEC Bank Bonds Starts Trading On Main Market Of Bucharest Stock Exchange on Feb 24
The Bucharest Stock Exchange announces that EUR119.3 million worth of bonds issued by CEC Bank, the lender with the longest history in the financial-banking market in Romania, which started...
Raiffeisen Bank Ends 2022 with RON3.2B Revenues, Up 22%, RON2.1B Net Profit, Up 56% from 2021
Raiffeisen Bank in 2022 posted RON3.2 billion revenues, up 22%, and RON1.2 billion net profit, 56% higher than the 2021 level.
Romania's Central Bank Says GDP Growth Will Slow Down Significantly In 2023, But Will Recover In 2024
Romania's economic growth will slow down significantly in 2023, but will revive in 2024 more than previously anticipated, according to the minutes of the monetary policy meeting of the Board...
Survey: Most Romanians Trust Mobile Banking Services
60% of Romanians say they trust mobile banking applications to keep their money safe and 59% say they trust internet banking and bank websites, as per a survey by Reveal Marketing Research.
Transilvania Broker Posts RON130M Revenue in 2022
Transilvania Broker, an insurer listed on the Bucharest Stock Exchange, posted RON130 million revenue in 2022, up 31%, and a net profit of RON11.5 million, up 68%, according to the financial...