Banks-Insurance
Three-Month ROBOR Overshoots Psychological Threshold Of 8% On August 1
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 8.01% a year on Mo...
Banca Comerciala Romana Net Profit Up 51% YoY To RON1.04B In 1H/2022
Lender Banca Comerciala Romana (BCR) in the first half of this year posted net profit worth RON1.04 billion (EUR210.7 million), up 50.9% from the RON690.8 million (EUR140.9 million) reported...
Mobexpert And Alpha Bank Launch Premium Co-branded Card In Partnership With Mastercard
Mobexpert and Alpha Bank Romania are launching a co-branded shopping card through which customers of Mobexpert, Romania’s largest furniture manufacturer and retailer, can benefit from up to...
Three-Month ROBOR Surges To 7.97% A Year On July 29
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 increased to 7.97% a year o...
Three-Month ROBOR Spikes To 7.85% A Year On July 28
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 increased to 7.85% a year o...
EIB Group Report Highlights Impact Of Cohesion Support
Lending in support of EU cohesion policy by the European Investment Bank Group (EIB Group) helped contain the economic fallout from the pandemic and could now help counter some of the short-...
SIF Oltenia Wants RON42M from Eximbank to Sell Its Stake in It
SIF Oltenia (SIF5) has notified the capital market of its steps to withdraw from the shareholder structure of Banca de Export-Import a Romaniei (Romania's Export-Import Bank) EximBank, accor...
EBRD Grants EUR12.5M Funding to Dona Group
EBRD is providing EUR12.5 million in financing to Dona Group, an integrated player in the Romanian pharmaceutical market, to support the company's development plans.
Finance Ministry Raises RON2.1B from Banks on July 25
Romania's Finance Ministry on Monday reopened a bond issue due in February 2023 and borrowed RON2.1 billion from banks, more than five times the scheduled RON400 million, at an average yield...