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Romania Raises RON530M Via Two Govt Bond Issues
Banks-Insurance

Romania Raises RON530M Via Two Govt Bond Issues

Romania's finance ministry on Monday raised RON530 million from banks selling government bonds maturing in 2034 and 2025, at annual average yields of 7.85% and 8.05%, respectively.

Ecaterina Craciun · 05.09.2022 · 20:57 · 1 min
Three-Month ROBOR Ends July 29-August 2 Week At 7.93% A Year
Banks-Insurance

Three-Month ROBOR Ends July 29-August 2 Week At 7.93% 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, ends the week at 7.93%, after s...

Alexandru Nanu · 02.09.2022 · 11:44 · 1 min
Omniasig Posts over RON1B Underwritten Premiums in 1H/2022, Up 45% Vs Year-Earlier Period
Banks-Insurance

Omniasig Posts over RON1B Underwritten Premiums in 1H/2022, Up 45% Vs Year-Earlier Period

Insurance company Omniasig, part of Austria’s Vienna Insurance Group (VIG), reached underwritten premiums worth above RON1 billion in the first half of this year, 45% more than in the same p...

Mircea Nica · 02.09.2022 · 09:54 · 1 min
Romania Raises RON1.2B Via Two Govt Bond Issues
Banks-Insurance

Romania Raises RON1.2B Via Two Govt Bond Issues

Romania's finance ministry on Thursday raised RON1.2 billion from banks selling government bonds maturing in 2032 and 2025, at annual average yields of 7.81% and 7.76%, respectively.

Ecaterina Craciun · 01.09.2022 · 20:54 · 1 min
Romgaz Makes RON130M Term Deposit With CEC Bank
Energy

Romgaz Makes RON130M Term Deposit With CEC Bank

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Thursday (Sept 1) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RO...

Ecaterina Craciun · 01.09.2022 · 15:42 · 1 min
Romania Forex Reserves Grow To EUR42.8B On Month In August 2022
Banks-Insurance

Romania Forex Reserves Grow To EUR42.8B On Month In August 2022

Romania's foreign exchange reserves increased to EUR42.8 billion in August 2022, higher by EUR83 million than in July 2022, central bank data showed on Thursday (September 1).

Ecaterina Craciun · 01.09.2022 · 15:32 · 1 min
Patria Bank 1H/2022 Profit Rises 67% To RON10M from Year-Earlier Period
Banks-Insurance

Patria Bank 1H/2022 Profit Rises 67% To RON10M from Year-Earlier Period

Patria Bank, a lending institution held by investment fund Emerging Europe Accession Fund (EEAF), in the first half of this year reported RON10.1 million profit, up 67% from the correspondin...

Cristina Bellu · 01.09.2022 · 10:53 · 1 min
Romania Launches New Govt Bond Issues For General Population Via TEZAUR And FIDELIS Programs
Banks-Insurance

Romania Launches New Govt Bond Issues For General Population Via TEZAUR And FIDELIS Programs

Romania’s finance ministry is launching new government bond issues for the general population only, on Thursday (Sept 1), through the TEZAUR and FIDELIS programs.

Ecaterina Craciun · 31.08.2022 · 18:12 · 1 min
Raiffeisen Bank Lists The First Sustainability Bonds Issue On Bucharest Stock Exchange
Capital Market

Raiffeisen Bank Lists The First Sustainability Bonds Issue On Bucharest Stock Exchange

Lender Raiffeisen Bank listed on the Bucharest Stock Exchange on Wednesday (Aug 31) the first sustainability bonds issue worth RON500.85 million.

Ecaterina Craciun · 31.08.2022 · 12:27 · 2 min