Banks-Insurance
Romania Private Lending Grows by 16.8% YoY to RON358.1B in July 2022
Private lending in Romania grew by 16.8% to RON358.1 billion in July 2022 compared with July 2021, as local currency lending increased by 18% and foreign currency lending expressed in lei by...
Euroins Romania Sees Growth in Non-Auto Liability Insurance Business in Q1
Euroins Romania, the largest insurer in the country after the bankruptcy of City Insurance, is taking tentative steps in the non-auto liability insurance (RCA) area, posting significant incr...
US Dollar at 20-Year High Against the Leu, Exchange Rate at 4.92
Romania’s central bank set the leu reference rate versus the euro at 4.8851 on Tuesday (August 23), flat on the level of Monday, while the dollar went up to the all-time high against the leu...
Finance Ministry Raises RON307M from Banks on August 22
Romania's Finance Ministry raised RON307 million from banks on Monday, via a government paper auction with a nominal value of RON300 million due in April 2036, at an annual average yield of...
Romgaz’s EUR325M Loan Came at Three-Month EURIBOR Plus 0.05% Interest Per Year
State-owned natural gas producer and supplier Romgaz (SNG.RO) borrowed EUR325 million from Raiffeisen Bank at an interest of three-month EURIBOR plus 0.05% per annum, ZF has found from the c...
Three-Month ROBOR Stays Put At 7.97% On August 19
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, stagnated at 7.97% a year on Fr...
VIG Underwritings In Romania Grow 54.8% YoY To EUR412.4M In 1H/2022
Omniasig, Asirom and BCR Asigurari de Viata, the three Romanian insurance companies owned by Austria’s Vienna Insurance Group (VIG), reached combined underwritings of EUR412.4 million at the...
Finance Ministry Raises RON823M From Banks On August 18
Romania's finance ministry raised RON823 million on Thursday (August 18) from banks via two government paper auctions at annual average yields of 7.68% and 7.45%.
Three-Month ROBOR Inches Down To 7.97% On August 18
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, inched down to 7.97% a year on...