Banks-Insurance
Virgil Soncutean Nominated for Third Term at Helm of Allianz-Tiriac
Virgil Soncutean, the Romanian executive who has been running the operations of Allianz-Tiriac since 2016, was nominated for a third term at the helm of the insurer.
Transgaz Gets RON300M Loan from Raiffeisen Bank
Transgaz (TGN.RO), the natural gas grid operator in Romanian handling 90% of the natural gas used in the country, has recently obtained a RON300 million loan from Raiffeisen Bank, the compan...
Three-Month ROBOR Climbs To 7.09% A Year On July 15
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 7.09% a year o...
Three-Month ROBOR Overshoots 7% Psychological Threshold On July 14
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 7.05% a year o...
Euroins Romania Sales up to 1.2 Million Insurance Policies in Q1
Insurer Euroins Romania sold 1.2 million policies for all its insurance products in the first quarter of 2022, compared with 900,000 in the year-ago period and the number of customers increa...
Euroins Board Of Directors To Have Three New Members
The Board of Directors of Euroins Insurance Group (EIG) will have three new members, respectively Todor Danailov, Kremena Pateva and Prasun Singhal.
Three-Month ROBOR Surges To 6.99% A Year On July 13
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 6.99% a year o...
Intesa Sanpaolo Bank Steps Into Insurance Market After Partnership With Groupama
Intesa Sanpaolo Bank, the Romanian division of Intesa Sanpaolo Group, has entered the insurance market based on a partnership with Groupama.
Three-Month ROBOR Jumps To 6.93% A Year
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 6.93% a year o...