Banks-Insurance
ING Bank Profit Up 39% to RON535M in H1
ING Bank, the fourth largest bank in Romania by assets, posted RON535 million net profit in the first half, an increase of 39% on the year-ago period.
Banca Transilvania Seeks to Raise Up to EUR1B from Investors via Bond Issuance Program
Banca Transilvania (TLV.RO), the largest lender in Romania, has called shareholders for October 18, 2022 to vote on an issuance program of corporate bonds denominated in euros and/or lei and...
Innova And EBRD Exit Romanian Energy Sector Service Firm Energobit
Polish investment fund Innova Capital and the European Bank for Reconstruction and Development (EBRD) sold the 25% stake they still owned in EnergoBit, a Romanian holding company providing e...
Rodbun Group Contracts RON30M Credit Lines From CEC Bank
Agribusiness group Rodbun has contracted from state-run lender CEC Bank credit lines worth a combined RON30 million, with PCF Investment Banking acting as exclusive financial consultant in s...
OTP Bank Romania Participated In Financing EUR410M Loan Contracted By Iulius Group
OTP Bank Romania on Tuesday said it participated in financing the loan recently granted on the local market to real estate developer Iulius Group to support investments in Iulius Mall region...
Romgaz Makes RON160M Term Deposit With CEC Bank
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Tuesday (Sept 13) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RO...
Kearney: 75% Of Romanian Consumers Willing To Invest In Energy Efficiency Projects Plan To Resort To Bank Financing
75% of Romanian consumers willing to invest in energy efficiency projects plan to resort to bank financing, above the European average of 64%, according to the European Retail Banking Radar...
BRD Asset Management Launches Four New Investment Funds
BRD Asset Management, the investment management company of BRD Groupe Société Générale, has launched four new investment funds, thus widening its portfolio of products intended for investmen...
Finance Ministry Raises RON290M From Banks On Sept 12
Romania's finance ministry raised RON290.5 million on Monday (Sept 12) selling bonds maturing in April 2036, at an annual average yield of 8.4%.