Banks-Insurance
EBRD Grants EUR50M Financing To Support Small Businesses In Romania
The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro, small and medium businesses (MSMEs) in Romania.
World Bank Says Fiscal Deficits Will Remain Elevated In Romania
Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set by the country's Government, according to the World Bank...
BCR Raises RON334M via Bonds on Bucharest Stock Exchange
BCR, the second largest lender in Romania by assets after Banca Transilvania, has taken a RON334 million bond issue to the Bucharest Stock Exchange, which processed it on Tuesday. The issue...
OTP Bank Romania Introduces Google Pay Service For Mastercard Cardholders
OTP Bank Romania introduces the Google Pay service in its portfolio, which makes it possible for Mastercard bank clients to make online or contactless payments at any POS, just with an Andro...
Finance Ministry Raises RON201M From Banks On Oct 3
Romania's finance ministry raised RON201 million on Monday (Oct 3), below the targeted level of RON300 million, selling bonds maturing in 2025, at an annual average yield of 8.6%.
Romania Forex Reserves Grow To EUR43.7B On Month In September 2022
Romania's foreign exchange reserves increased to EUR43.7 billion in September 2022, higher by EUR860 million than in August 2022, central bank data showed on Monday (October 3).
Patria Bank Appoints Razvan Vasile Prodea As Deputy General Manager Risk Division
Patria Bank (PBK.RO) has expanded its management team and appointed Razvan Vasile Prodea to the position of Deputy General Manager Risk Division, for a four-year mandate, effective October 1...
Vista Bank Completes Merger With Crédit Agricole Romania
Vista Bank has successfully completed the merger with Crédit Agricole Romania, according to a statement.
Libra Bank Plans to Distribute RON50M Dividends from Audited 2018 Profit
Shareholders of Libra Bank, a member of the American investment group New Century Holdings, approved the distribution of dividends amounting to RON50 million.