Banks-Insurance
Finance Ministry Raises RON546M From Banks On July 11
Romania's finance ministry raised RON546.5 million on Monday (July 11), above the planned level of RON400 million, selling bonds maturing in July 2027, at an annual average yield of 9.05%.
Three-Month ROBOR Surges To 6.87% A Year On July 11
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 6.87% a year o...
Banca Transilvania Gets Very Good ESG Rating From Sustainalytics
Romania's largest lender by assets, Banca Transilvania (BT.RO), has obtained a very good ESG Risk Rating (17) and is included in the Low Risk category following the Sustainalytics analysis i...
Three-Month ROBOR Ends July 4 – 8 Week At 6.79% 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 6.79% a year o...
TBI Bank Teams Up With Spotawheel To Simplify Car Buying For Customers In Romania And Greece
TBI Bank, the largest provider of Buy Now Pay Later (BNPL) solutions, has concluded a partnership with Spotawheel, one of the fastest growing used cars platforms in Europe, to help customers...
Finance Ministry Raises RON419M From Banks On July 7
Romania's finance ministry raised RON419 million on Thursday (July 7), above the planned level of RON300 million, selling bonds maturing in October 2034, at an annual average yield of 9.13%.
Survey: Banking Sector’s Contribution To Economy In Last 30 Years Is Twice Romania’s 2020 GDP
The economic impact of the Romanian banking sector is estimated at RON2,247 billion in the period 1990-2020, according to the survey ″The contribution of the banking sector to the economy in...
Garanti BBVA Consumer Finance Gets EUR10M Loan From World Bank’s IFC For Green Financing
Garanti BBVA Consumer Finance, part of Garanti BBVA Group Romania, has signed a loan agreement of EUR10 million with the International Finance Corporation (IFC), the investment arm of the Wo...
BT Asset Management And Banca Transilvania Become Shareholders In Evergent Investments
Romania’s financial supervisory authority ASF on Wednesday approved a draft enabling investment manager BT Asset Management, jointly with several funds and persons acting in concert, to obta...