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OTP Bank Romania Again Increases Interest Rates On Term Deposits In Lei For Individuals
Banks-Insurance

OTP Bank Romania Again Increases Interest Rates On Term Deposits In Lei For Individuals

OTP Bank Romania on Monday said it increased the interest rates on 1- and 3-month term deposits in lei by 0.4% and 1.10%, reaching up to 5.10% and 6.10%, respectively.

Ecaterina Craciun · 08.08.2022 · 14:58 · 1 min
Three-Month ROBOR Grows To 8.14% On August 8
Banks-Insurance

Three-Month ROBOR Grows To 8.14% On August 8

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, increased to 8.14% a year on Mo...

Ecaterina Craciun · 08.08.2022 · 11:41 · 1 min
Allianz Group’s Total Revenue Up 7.2% YoY To EUR81.2B In 1H/2022
Banks-Insurance

Allianz Group’s Total Revenue Up 7.2% YoY To EUR81.2B In 1H/2022

Allianz Group, present on the Romanian market through insurance company Allianz-Tiriac, on Friday said it ended the first half of 2022 with total revenues of EUR81.2 billion, up 7.2% on the...

Ecaterina Craciun · 05.08.2022 · 19:07 · 1 min
Nuclearelectrica Places RON200M Term Deposit With Eximbank
Banks-Insurance

Nuclearelectrica Places RON200M Term Deposit With Eximbank

Nuclear power producer Nuclearelectrica (SNN.RO) placed with Romania’s import-export bank Eximbank a term deposit without extension in the amount of RON198.9 million, the company informed it...

Ecaterina Craciun · 05.08.2022 · 16:26 · 1 min
Romania Central Bank Raises Key Rate To 5.50% A Year
Banks-Insurance

Romania Central Bank Raises Key Rate To 5.50% A Year

Romania's central bank has decided at its board meeting on Friday (August 5) to raise its benchmark interest rate to 5.50% a year from the current rate of 4.75% a year, starting August 8, 20...

Ecaterina Craciun · 05.08.2022 · 15:29 · 1 min
Banks-Insurance

Romania Continues Population Bond Issues In August 2022

Romania's finance ministry will be launching a new bond issue for the general population, under the Tezaur program, on Monday (August 8), available for subscription in the period August 8-26...

Ecaterina Craciun · 05.08.2022 · 14:58 · 1 min
Three-Month ROBOR Ends August 1-5 Week At 8.12%
Banks-Insurance

Three-Month ROBOR Ends August 1-5 Week At 8.12%

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, inched up to 8.12% a year on Fr...

Ecaterina Craciun · 05.08.2022 · 11:57 · 1 min
Finance Ministry Raises RON1.7B From Banks On August 4
Banks-Insurance

Finance Ministry Raises RON1.7B From Banks On August 4

Romania's finance ministry raised RON1.7 billion on Thursday (August 4) from banks via two government paper auctions at annual average yields of 8.36% and 7.97%.

Ecaterina Craciun · 04.08.2022 · 19:42 · 1 min
Three-Month ROBOR Increases To 8.11% On August 4
Banks-Insurance

Three-Month ROBOR Increases To 8.11% On August 4

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 grown to 8.11% a year on Th...

Ecaterina Craciun · 04.08.2022 · 12:51 · 1 min