Banks-Insurance
CEC Bank Launches Multicurrency Card
Romanian state-run lender CEC Bank has launched a multicurrency card whereby customers have direct access to accounts in ten currencies and can make payments to merchants and withdrawals wit...
Agra Asigurari Unveils Platform For Issuing Agricultural Policies
Agra Asigurari, the company that introduced digitalization in the agricultural insurance sector, has announced the launch on the Romanian market of a platform intended for brokers for issuin...
Real Estate Developer Impact Gets EUR40M Loan from OTP to Complete 730 Apartments in Bucharest
Real estate developer Impact Developer & Contractor (IMP.RO) has signed loan agreements with OTP Bank NYRT and OTP Bank Romania, it said in a report to the Bucharest Stock Exchange.
Romania Taps International Markets With 4 And 7-Year Eurobond Issues
Romania's finance ministry is going to tap external markets for the fourth time in 2022, selling euro-denominated bonds with four and seven-year maturities.
Finance Ministry Raises RON132M From Banks On Sept 19
Romania's finance ministry raised RON132 million on Monday (Sept 19), below the planned level, selling bonds maturing in 2029, at an annual average yield of 8.19%.
Allianz-Tiriac Underwritings Double YoY To RON1.6B In January-June 2022
Allianz-Tiriac reported underwritings of RON1.6 billion in January-June 2022, double against the same period of 2021, in line with data from company representatives.
BCR: 47% Of Romanians Cut Spending Over The Last Year Due To Price Hikes
Romanians have adapted their financial behavior in the context of the accelerated increase in inflation, prices and utility bills in recent months, with almost half of them (47%) reducing co...
Nuclearelectrica Places Two Term Deposits Worth RON100M Each With Banca Romaneasca And CEC Bank
Nuclear power producer Nuclearelectrica (SNN.RO) on Thursday (Sept 15) announced its shareholders that it placed two term deposits in the total amount of RON200 million with lenders Banca Ro...
The European Fund for Southeast Europe Extends EUR8M Credit Line Granted To Libra Internet Bank
Investment fund The European Fund for Southeast Europe (EFSE) has extended a EUR8 million credit line granted to Libra Internet Bank.