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Finance Ministry Raises RON1.9B From Banks Via Two Govt Bond Issues On Jan 9, 2023
Banks-Insurance

Finance Ministry Raises RON1.9B From Banks Via Two Govt Bond Issues On Jan 9, 2023

Romania's finance ministry raised RON1.9 billion on Monday (January 9, 2023) through two government bond issues, at annual average yields of 7.73% and 6.8%.

Ecaterina Craciun · 09.01.2023 · 21:06 · 1 min
Dentons Law Firm Assisted Banks That Granted EUR450M to AFI Europe in Romania
Banks-Insurance

Dentons Law Firm Assisted Banks That Granted EUR450M to AFI Europe in Romania

Law firm Dentons advised a syndicate of lenders - Erste Group Bank, Banca Comerciala Romana, Raiffeisen Bank International, Raiffeisen Bank Romania and Alpha Bank Romania, in the granting of...

Loredana Frățilă-Cristescu · 09.01.2023 · 20:56 · 1 min
Radu Topliceanu Appointed Head of MashreqNeo and Personal Banking
Banks-Insurance

Radu Topliceanu Appointed Head of MashreqNeo and Personal Banking

Mashreq, the oldest private bank in the United Arab Emirates (UAE), has appointed Romanian Radu Topliceanu as its new Head of Neo and Personal Banking.

Ecaterina Craciun · 09.01.2023 · 15:33 · 1 min
Badea, Central Bank: Romania’s International Reserves Hit New Record High At End-2022
Banks-Insurance

Badea, Central Bank: Romania’s International Reserves Hit New Record High At End-2022

One of the positive pieces of news at the end of 2022, with a relevant contribution for Romania’s macroeconomic and financial stability in 2023, is that the country’s international reserves...

Ecaterina Craciun · 06.01.2023 · 20:18 · 1 min
Three-Month ROBOR Ends First Week Of 2023 At 7.48% A Year
Banks-Insurance

Three-Month ROBOR Ends First Week Of 2023 At 7.48% A Year

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, ended the first week of 2023 at...

Ecaterina Craciun · 06.01.2023 · 12:47 · 1 min
Romania Taps International Markets With 5, 10 And 30-Year Bonds To Raise $9B In 2023
Banks-Insurance

Romania Taps International Markets With 5, 10 And 30-Year Bonds To Raise $9B In 2023

Romania's finance ministry seeks to raise $9 billion (EUR8.5 billion) by tapping international markets in 2023 with US dollar-denominated bond issues, maturing in five, ten and thirty years,...

Ecaterina Craciun · 05.01.2023 · 20:29 · 1 min
Finance Ministry Raises Over RON3B From Banks Via Two Govt Bond Issues On Jan 5, 2023
Banks-Insurance

Finance Ministry Raises Over RON3B From Banks Via Two Govt Bond Issues On Jan 5, 2023

Romania's finance ministry raised RON3.34 billion on Thursday (January 5, 2023) during this year’s first session of government bond issues, at annual average yields of 7.34% and 8.15%.

Ecaterina Craciun · 05.01.2023 · 19:30 · 1 min
Health Insurance Market Rises to RON509M in Jan-Sep 2022
Banks-Insurance

Health Insurance Market Rises to RON509M in Jan-Sep 2022

The health insurance market in Romania reached gross written premiums of RON509 million in the first nine months of 2022, an increase of 33% on the year-earlier period, Financial Supervisory...

Loredana Frățilă-Cristescu · 04.01.2023 · 23:53 · 1 min
Deterioration of Internal Macroeconomic Balances, Highest Risk to Romania’s Financial Stability
Banks-Insurance

Deterioration of Internal Macroeconomic Balances, Highest Risk to Romania’s Financial Stability

Romania has four high risks and seven moderate risks to its financial stability, the latest survey of its central bank among the main banks on the local market by assets shows.

Loredana Frățilă-Cristescu · 03.01.2023 · 20:54 · 1 min