Banks-Insurance
Three-Month ROBOR Resumes Growth, Hits 8.05% A Year on August 3
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, on Wednesday, August 3rd, reach...
Alpha Bank Romania 1H/2022 Gross Profit Spikes 71% To EUR18.2M From Year-Earlier Period
Alpha Bank, among the ten largest banks by assets on the Romanian market, in the first half of this year posted EUR18.2 million gross profit, up 71.6% from the 1H/2021 level.
BRD 1H/2022 Total Net Banking Income Hits RON1.6B, Up 9% Vs 1H/2021
BRD for the first half of this year reported total net banking income of RON1.6 billion, up 9%, and operating expenses of RON806 million, 5.1% above the 1H/2021 level.
Agricover Credit IFN Borrows EUR20M From EBRD
The European Bank for Reconstruction and Development (EBRD) is enhancing food production and security in Romania and beyond by approving EUR20 million to Agricover Credit IFN, a non-bank agr...
Ameropa Contracts EUR347M Syndicated Loan To Fund Its Romanian Operations
Swiss-based agri-business group Ameropa, which includes Azomures, the biggest chemical fertilizer in Romania, grain trader Ameropa Grains and port operator Chimpex, has contracted a multi-cu...
Raiffeisen Bank Ends 1H/2022 with RON602M Net Profit, Up 50% YOY
Raiffeisen Bank generated net profit worth RON602 million in the first half of 2022, up 50% from the year-earlier period, on soaring lending and a significantly improved risk profile.
Finance Ministry Raises RON1.28B From Banks On August 1
Romania's finance ministry raised RON1.3 billion on Monday (August 1) from banks via two government paper auctions at annual average yields of 8.20% and 8.22%.
Romania Forex Reserves Grow To RON48.5B On Month In July 2022
Romania's foreign exchange reserves increased to EUR48.51 billion in July 2022 from EUR47.82 billion in June 2022, central bank data showed on Monday (August 1).
Romgaz Makes RON70M Term Deposit With CEC Bank
Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Aug 1) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RON70...