Banks-Insurance
EIB To Grant EUR97M Co-Financing To Protect Romanian Black Sea Coast From Erosion And Floods
The European Investment Bank (EIB) on Tuesday announced a EUR97 million co-financing to support the resilience of Romanian Black Sea coast to erosion and floods.
Banca Transilvania Sees Romania’s Economy Growing 3.8% In 2022
Banca Transilvania, Romania’s largest lender by assets, has revised upwards the country’s economic growth forecast to 3.8% in 2022, from its previous projection of 3.5%, and versus the 2.9%...
Three-Month ROBOR Climbs To 6.28% On June 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 6.28% a year o...
Nuclearelectrica Places RON53.5M 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 RON53.5 million, the company informed its...
Three-Month ROBOR Starts June 27-July 1 Week On Upward Trend; Grows To 6.26%
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, resumed its upward trend after...
OTP Bank Sees Romania’s Economy Growing By 4% In 2022
OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report.
Finance Ministry Raises RON595M From Banks On June 23 And 24
Romania's finance ministry raised RON595 million on Thursday (June 23) and Friday (June 24), selling bonds maturing in October 2034, at an annual average yield of 9.07%.
Romania’s Insurance Market Surges 46% to RON4.66B in Q1/2022
Romania’s insurance market reached a volume of underwritten gross premiums of RON4.66 billion in the first three months of 2022, a record increase of 46% compared with the year-ago period, t...
Raiffeisen Bank Takes Its Third Green Bonds Issue To Bucharest Stock Exchange
Raiffeisen Bank, key player in the Romanian banking sector, is listing a new issue of green bonds, worth RON525 million, at the Bucharest Stock Exchange, on Friday (June 24).