Banks-Insurance
Millenium Insurance Readies Stock Market Listing For End-February 2023
Insurance-reinsurance brokerage firm Millenium Insurance Broker (MIB), a company majority held by mobility network Autonom Services, with bonds listed on the Bucharest Stock Exchange, is get...
Libra Internet Bank And Prima Development Group Sign EUR16.8M Funding Agreement
Libra Internet Bank and Oradea-based real estate developer Prima Development Group have concluded a financing agreement worth EUR16.8 million for the construction of Phase 1 of the PRIMA Vis...
Alpha Bank Romania Keeps Funding Home Purchases Via New Home Program
Alpha Bank Romania said it would continue to grant mortgage loans in 2023 through the New Home (Noua Casa) government-backed program aimed at facilitating the purchase of homes.
OTP Bank Continues To Support Entrepreneurs In 2023 Via IMM Invest Plus Program
OTP Bank, the Romanian subsidiary of Hungary's largest banking group, said it would continue in 2023 the partnership concluded within the IMM Invest PLUS program aimed at supporting Small an...
BRD SocGen Shareholders Approve Contracting Loans Up To A Maximum Ceiling Of EUR300M
Shareholders of BRD – Groupe Société Générale (BRD.RO), the third largest bank in Romania by assets, approved at their Extraordinary General Meeting the issuance of eligible additional tier...
NN Asigurari de Viata Ends 2022 With RON970M Gross Underwritings, Up 3.2% Vs 2021
NN Asigurari de Viata, leader of the life insurance market, ended 2022 with gross underwritten premiums of RON970 million, just 3.2% above the level recorded in 2021, in line with data from...
CEC Bank Lists Its First Two Bonds On Bucharest Stock Exchange
CEC Bank, the bank with the longest history in the financial-banking market in Romania, which started to operate in 1864, is listing on Friday (Feb 17), the first two bonds issued and denomi...
General and Life Insurance Market Reaches RON16.5B in 2022
The general and life insurance market reached a gross written premium volume of RON16.5 billion, preliminary data show, which does not include the gross written premiums of those insurers op...
Finance Ministry Raises RON1.02B From Banks Via Two Govt Bond Issues On Feb 16
Romania's finance ministry raised RON1.02 billion on Thursday (February 16, 2023) through two government bond issues, at annual average yields of 6.96% and 7.65%.