Banks-Insurance
CEC Bank Lends EUR15M to AAylex One
CEC Bank has provided a EUR15 million line of credit to finance the ongoing operations of AAylex One, the company behind the Cocorico poultry brand.
Vienna Insurance Group posts EUR202M net profit in H1
Austrian-held insurer Vienna Insurance Group (VIG), which owns Omniasig, Asirom and BCR Asigurari de Viata in Romania, ended the first half with gross written premiums of EUR6.44 billion, an...
Insurer Euroins Romania Ends 2021 with RON19M Loss
Euroins Romania, the largest insurance company on the local market after the collapse of City Insurance, ended 2021 with a loss of RON19 million and last year was its third in the red in a r...
Nuclearelectrica Places RON100M Term Deposit With Banca Romaneasca
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Banca Romaneasca a term deposit without extension in the amount of RON100 million, on August 16, 2022, in line with a stock marke...
Three-Month ROBOR Edges Up To 7.98% On August 17
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 up to 7.98% a year on We...
SIF Oltenia Exits EximBank for RON42.4M
SIF Oltenia (SIF5.RO) has completed procedures to exit the shareholder structure of EximBank and collected RON42.4 million for its 3.27% stake, the company notified the Bucharest Stock Excha...
Three-Month ROBOR Keeps Downward Trend, Reaches 7.96% On August 16
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, continued its downward trend, d...
CEC Bank Posts RON110.8M Net Profit in H1
Romanian state-owned lender CEC Bank posted RON110.8 million unaudited estimated profit in the first half of 2022, compared with RON208 million in the year-ago period, while assets increased...
Three-Month ROBOR Down to 7.98% on August 12
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, has dropped further 7.98% on Fr...