Banks-Insurance
Finance Ministry Raises Nearly RON938M From Banks Via Two Govt Bond Issues On Nov 3
Romania's finance ministry raised RON937.8 million on Thursday (Nov 3) through two government bond issue, at annual average yields of 8.50% and 9.44%.
ING Bank Continues To Fund Entrepreneurs Via IMM Invest Plus Program
ING Bank Romania said it would continue to grant state-guaranteed and subsidized loans to Romanian entrepreneurs for the third consecutive year, within the IMM Invest Plus 2022 program.
Raiffeisen Bank Jan-Sept Net Profit Up 43% to RON920M
Raiffeisen Bank, the local subsidiary of the Austrian group of the same name, for the first nine months of 2022 reported RON920 million net profit, up 43% from the year-earlier period.
Raffeisen Bank Lists Its Second Issue Of Sustainable Bonds, Worth RON325.5M, On Bucharest Stock Exchange
Raiffeisen Bank, a major player in Romania’s banking sector, is listing on Wednesday (Nov 2) its second issue of sustainable bonds worth RON325.5 million, on the Bucharest Stock Exchange.
Arval Romania Takes Over BCR Fleet Management Fleet
BCR Group and Arval Romania have finalized the agreement for the transfer of part of BCR Fleet Management's operational leasing business, as the Competition Council validated the deal.
Millenium Insurance Broker Raises RON4.2M from Investors Via Private Placement; Plans to List on AeRO Market
Insurance-reinsurance brokerage Millenium Insurance Broker, a company majority held by mobility network Autonom Services, during October 17-25 period carried out a private placement with a v...
Finance Ministry Raises RON475M from Banks on October 31
Romania's Finance Ministry raised RON475.2 million on Monday (October 31) selling bonds maturing in October 2032, at an annual average yield of 9.25%.
Aegon Romania Ends 1H/2022 with 8.2% Higher Gross Underwritten Premiums vs Year-Earlier Period
Aegon Romania ended the first half of 2022 with an 8.2% increase in gross underwritten premiums, at RON76.7 million, vs RON70.4 million in 1H/2021.
Rasvan Radu Ends Term as CEO and Chairman of the Board of UniCredit Bank Romania
Rasvan Radu will end his term as CEO and Chairman of the Board of UniCredit Bank Romania and will continue his professional career within UniCredit Group, where he will supervise the impleme...