Banks-Insurance
Metropolitan Life Expects Sustainable Growth in 2023
Metropolitan Life expects sustainable growth in 2023 as well, after the company has maintained a steady two-digit increase in recent years, Carmina Dragomir, CEO of Metropolitan Life, the se...
Omer Tetik, Banca Transilvania, Cautiously Upbeat about 2023
Omer Tetik, CEO of Romania’s biggest bank Banca Transilvania, says 2022 was a challenging year for the financial market, one of the most volatile years he has seen, but the bank ended it wel...
Lucian Anghel Takes Over As Chief Risk Officer At EximBank
Lucian Anghel, who ran Banca Romaneasca from January 2020 until December 2022, has taken over the position of Chief Risk Officer at EximBank after the completion of the merger between the tw...
Globalworth Contracts Two New Credit Facilities Worth EUR160M From Erste Group
Real estate developer Globalworth, one of the leading investors in office space in Central and Eastern Europe, has signed financing contracts for two new credit facilities worth EUR160 milli...
Raiffeisen Bank Teams Up With EIB Group For Increased Access To Funding Of SMEs And MidCaps
Raiffeisen Bank is the first bank in Romania to enhance business financing through a synthetic securitization under a new cooperation with the European Investment Bank (EIB) and the European...
Adrian Negru Appointed CEO Of Raiffeisen Asset Management
Adrian Negru will take over as the new Chief Executive Officer (CEO) of Raiffeisen Asset Management (RAM), which specializes in managing the investment funds of Raiffeisen Group in Romania,...
Romanian Banking Association Has New Board Of Directors
The General Assembly of the Romanian Banking Association (ARB) convened on Monday (January 10, 2023) and voted on the new structure of the Board of Directors following the filling of a vacan...
Romania Signs Three Financing Contracts Worth EUR260M With EIB For 89 Investment Projects
Romania’s finance ministry has signed three financing contracts worth over EUR260 million with the European Investment Bank (EIB) for the modernization of roads and the rehabilitation and ex...
Romania Central Bank Raises Key Rate To 7% A Year
Romania's central bank has decided at its board meeting on Tuesday (January 10), its first monetary policy meeting of 2023, to raise its benchmark interest rate by 0.25% percentage points to...