Banks-Insurance
Finance Ministry Raises RON550M From Banks At 9.07% Yield
Romania's finance ministry raised RON550 million on Thursday (June 23), above the planned level of RON300 million, selling bonds maturing in 2034, at an annual average yield of 9.07%.
ING Bank Granted Over EUR25M Investment Loans To Boromir Group In Last Three Years
ING Bank Romania has granted investment loans worth over EUR25 million over the last three years to Boromir, the largest Romanian-held business in the milling and bakery sector.
Nuclearelectrica Makes Nearly RON400M Term Deposit With CEC Bank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON393.35 million, the company informed its shareholders and investors...
CEC Bank Lends EUR5M To RAAL Bistrita To Back Its Current Activity
Romania's state-owned lender CEC Bank has recently granted a loan of EUR5M to cooling systems manufacturer RAAL Bistrita to support the company’s current activity.
Banca Comerciala Romana Lists RON702M Green Bonds On June 22
Banca Comerciala Romana (BCR), one of the most important financial groups in Romania, is listing a new green bonds issue, worth RON702 million, under the stock ticker BCR27A, on Wednesday (J...
Romanians Spent EUR1.9B Abroad in Jan-April 2022, Double Vs. Year-Earlier Period
Romanians spent EUR1.9 billion on travel abroad in January-April 2022, as compared to EUR953 million in the same period of 2021, when there were travel restrictions in force amid the pandemi...
Finance Ministry Raises RON567M from Banks on June 20
Romania’s Finance Ministry raised RON567 million from banks via a government paper auction, at an annual yield of 9.23% on Monday, June 20.
Competition Council Greenlights Dan Ostahie’s Takeover of Porsche Bank Romania
Romania’s Competition Council has greenlighted the takeover of Porsche Bank Romania by Dan Ostahie, the businessman who owns the Altex Group.
Three-Month ROBOR Starts 20-24 June Week Slightly Up, At 6.18% 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, inched up, from 6.17% to 6.18%...