Banks-Insurance
Banca Transilvania Bets On Agribusiness
Commerce, manufacturing and agriculture are the economic sectors that received the bulk of corporate financing from lender Banca Transilvania, as the combined balance of loans granted for th...
Romania Forex Reserves Drop To EUR45.5B On Month In Nov 2022
Romania's foreign exchange reserves decreased by EUR697 million in November 2022 versus October 2022, to EUR45.5 billion, central bank data showed Friday.
Insurers Set Up RON22.6B Technical Reserves In 1H/2022 For Future Damage Claims, Up 8% YoY
Insurance companies set up gross technical reserves of RON22.6 billion in the first half of 2022, up 8% on the year, as per data published in the report of Romania’s financial supervisory au...
BCR and UniCredit Set to Raise Cash via Bonds on Bucharest Stock Exchange
The coming period will be a busy period for institutional investors as two banks, Banca Comerciala Romana and UniCredit Bank, are expected to release bond issues they will later have listed...
Raiffeisen Bank Raises Nearly RON369M From Sustainability Bond Issue
Raiffeisen Bank on Friday (Nov 25) placed a new corporate bond issue in lei, raising almost RON369 million from institutional investors for a five-year maturity, the bank said on Tuesday.
Macroeconomic Outlook Prompts Banks In Romania To Adjust Strategy
After almost a decade of very strong GDP growth, Romania is preparing itself for a steep slowdown, said Dimitrios Goranitis, Banking and Capital Markets leader, Deloitte Central Europe.
Euroins Romania Keeps Top Spot On Local RCA Market In First 9 Months Of 2022
Euroins Romania, leader of the local third-party motor vehicle insurance (RCA) market, continues to hold the top spot at the end of the first nine months of 2022, with a 31% market share, a...
Uniqa Asigurari and Uniqa Asigurari De Viata Gross Written Premiums Up to EUR83M in Jan-Sep
Uniqa Asigurari and Uniqa Asigurari de Viata, the Romanian companies of Austria’s Uniqa group, posted EUR83 million gross written premiums together in the first nine months of 2022, an incre...
CEC Bank Survey: Only 28% Of Romanians Benefited From Pay Raises In 2022
Only 28% of Romanians have benefited from pay raises in 2022, 47.1% of them have received salary increases of up to 5% and 36.8% have seen increases of 5% to 10%, as per a survey conducted b...