Banks-Insurance
Cash in Circulation Tops RON101B, New All-Time High, in December 2022
The cash in circulation continued to rise and in December 2022 went beyond the RON101.3 billion level, a new all-time high, after a 5.4% increase from December 2021, according to central ban...
Nuclearelectrica Makes RON183.7M Deposit with Eximbank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Romania’s import-export bank Eximbank a term deposit without extension in the amount of RON183.7 million, the company informed it...
Fintech Pluridio Hires Ovidiu Kislaposi as Chief Product Officer
Pluridio, a local fintech that develops software solutions and customized products for bank treasuries, has recruited Ovidiu Kislaposi as Chief Product Officer, a position from which he will...
Ioan Popa Hires Rothschild to Probe Interest for Potential Transavia Transaction
Transavia, Romania's largest chicken producer owned by Romanian entrepreneur Ioan Popa, has hired Rothschild investment bank to probe the market for potential interest in acquiring the compa...
Finance Ministry Raises RON365M from Banks on Feb 13
Romania's Finance Ministry raised RON365 million on Monday (February 13) selling bonds maturing in October 2030, at annual an average yield of 7.62%.
Three-Month ROBOR Drops Further, Down to 7.09% A Year on Feb 13
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, continues downward trend, slipp...
Raiffeisen Bank Granted Over 2,300 Loans Worth Almost EUR600M Via IMM Invest In 2022
In 2022, Raiffeisen Bank granted a total 2,333 loans within the IMM INVEST programs for more than 2,000 customers operating in various fields of activity, with an approved value of EUR592 mi...
Romanian Central Bank Keeps Key Rate Unchanged At 7% a Year
Romania's central bank has decided at its board meeting on Thursday (February 9), its second monetary policy meeting of 2023, to keep its benchmark interest rate on hold at 7% a year.
First Bank Appoints Razvan Filcescu As VP Coordinating All Business Activities
First Bank announces the appointment of Razvan Filcescu to the position of Vice-President responsible for coordinating all business activities.