Banks-Insurance
Clifford Chance Badea Assisted UniCredit in RON488M Corporate Bond Issue
The lawyers of the Capital Markets practice of law firm Clifford Chance Badea, the local office of global law firm Clifford Chance, assisted UniCredit Bank in the launch of its latest corpor...
Nuclearelectrica Places RON61.4M Term Deposit With Banca Romaneasca
Nuclear power producer Nuclearelectrica (SNN.RO) informed its shareholders and investors that it placed with Banca Romaneasca a term deposit without extension in the amount of RON61.4 millio...
McKinsey & Company: Banks In Romania Must Rethink Strategy And Business Model To Survive
Despite solid margin growth, more than half of the world’s banks continue to experience profitability problems and a return on equity that is below their cost of equity, as per the 12th edit...
Report: Banks Hesitating To Switch To Latest Payment Methods Stand To Lose $89B
Accenture's “Payments Gets Personal” report shows that up to $89 billion (4.6%) of global payment revenues could be at risk in the next three years for banks that are slow to offer next-gene...
Financial Watchdog: Romania Insurance Market Grows 23% YoY To RON12.1B In Jan-Sept 2022
Romania’s insurance market reached a volume of underwritten gross premiums of RON12.1 billion in the first nine months of 2022, up 23% versus the year-ago period, the country’s Financial Sup...
Finance Ministry Raises RON1.37B From Banks Via Two Govt Bond Issues On Dec 19
Romania's finance ministry raised RON1.37 billion on Monday (Dec 19) through two government bond issues, at annual average yields of 7.63% and 8.35%.
Moldova’s Maib Works With TradeVille, Wood & Co, Raiffeisen Bank To List Its Shares In Bucharest In 2023
Maib, the largest credit institution in the Republic of Moldova, with assets of EUR2 billion, said its Supervisory Board approved the syndicate of investment banking advisors following a dec...
BRD Pensii Reiterates Commitment to Pension Business
The priority for BRD Pension Fund in 2023, as before, is the responsible management of the company's private pension funds, BRD Pension said in a response to ZF’s request for comment on a po...
Mihaela Ionita To Take Over As HR Manager At ING Bank Romania Starting Jan 1, 2023
ING Bank Romania has announced that Mihaela Ionita will join its team as Human Resources (HR) Manager and member of the bank’s Board of Directors, starting January 1, 2023.