Banks-Insurance
Banca Transilvania Shareholders Approve Corporate Bond Issue Program To Raise EUR1B Tops
Lender Banca Transilvania (TLV.RO) has approved at the Extraordinary General Shareholders Meeting of October 18, 2022 the unfolding of a program of corporate bond issues, denominated in euro...
Mastercard To Launch Program Enabling Banks To Offer Crypto Trading Services
Mastercard plans to launch a global program enabling financial institutions to bring secure crypto trading capabilities and services to their customers.
Finance Ministry Raises RON493M From Banks On Oct 17
Romania's finance ministry on Monday (Oct 17) reopened a bond issue due in 2034 and borrowed RON493 million from banks, above the planned level of RON400 million, at an annual average yield...
Allianz-Tiriac Expects Underwritten Premium Volume to Near RON3B Mark at End-2022
Allianz-Tiriac, Romania’s second largest general and life insurer in line with the latest financial watchdog ASF data, estimates it will near the RON3 billion threshold in terms of underwrit...
Three-Month ROBOR Ends October 10-14 Week At 8.17% 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, on Friday, October 14, climbed...
Finance Ministry Raises RON300M From Banks On Oct 13
Romania's finance ministry raised RON300 million on Thursday (Oct 13) selling bonds maturing in February 2032, at an annual average yield of 9.24%.
Raiffeisen Bank Increases Interest Rates On Foreign Currency Deposits For Individuals
Lender Raiffeisen Bank on Thursday (Oct 13) said it increased the interest rates on deposits in foreign currency, for individuals, to 0.5% per year for euro deposits and to 2% per year for d...
OTP Bank: Romania’s GDP Growth Seen Below 5% In 2022 And At 2.3% In 2023
Romania’s economic growth is slowing down as the market tries to adapt to high energy prices, with a GDP growth estimated at 5% in 2022 and at 2.3% in 2023, according to an analysis by lende...
Three-Month ROBOR Spikes To 8.15% On October 13
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, has increased to 8.15% a year o...