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IMF Urges Romanian Govt To Take Reform Measures And Boost Taxes
Macroeconomics

IMF Urges Romanian Govt To Take Reform Measures And Boost Taxes

The International Monetary Fund (IMF) warned the Romanian government that it must take fiscal measures and reform and boost taxes in order to rebuild the fiscal space below 3% of gross domes...

Ecaterina Craciun · 10.06.2022 · 17:36 · 5 min
Three-Month ROBOR Ends June 6-10 Week At 6.15% Threshold
Banks-Insurance

Three-Month ROBOR Ends June 6-10 Week At 6.15% Threshold

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, grew to 6.15% a year on Friday...

Ecaterina Craciun · 10.06.2022 · 13:55 · 1 min
SIF Oltenia Seeks to Exit Eximbank Following Approval of Merger with Banca Romaneasca
Capital Market

SIF Oltenia Seeks to Exit Eximbank Following Approval of Merger with Banca Romaneasca

SIF Oltenia (SIF5.RO), as a shareholder holding 4,364,430 shares or 3.270% of Romania’s export and import bank EximBank, on Thursday expressed its intention to withdraw from the status of sh...

Loredana Frățilă-Cristescu · 10.06.2022 · 00:00 · 1 min
BCR’s RON702M Worth Of Green Bonds Start Trading On Bucharest Stock Exchange On June 9
Capital Market

BCR’s RON702M Worth Of Green Bonds Start Trading On Bucharest Stock Exchange On June 9

The green bonds of Banca Comerciala Romana (BCR), the second largest lender in Romania by assets, started trading on the Main Market of the Bucharest Stock Exchange on Thursday (June 9), und...

Ecaterina Craciun · 09.06.2022 · 20:31 · 1 min
Three-Month ROBOR Keeps Upward Trend; Spikes To 6.13% Threshold
Banks-Insurance

Three-Month ROBOR Keeps Upward Trend; Spikes To 6.13% Threshold

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, grew to 6.13% a year on Thursda...

Ecaterina Craciun · 09.06.2022 · 12:58 · 1 min
Banca Transilvania to Pay RON800M Dividends on June 16
Banks-Insurance

Banca Transilvania to Pay RON800M Dividends on June 16

Banca Transilvania (TLV.RO), the largest lender in Romania by assets, has notified its shareholders that June 16 is the pay date for the dividends decided by the General Meeting of Sharehold...

Loredana Frățilă-Cristescu · 08.06.2022 · 16:39 · 1 min
Life Insurer Aegon Romania Ends 2021 With RON153M Gross Written Premiums
Banks-Insurance

Life Insurer Aegon Romania Ends 2021 With RON153M Gross Written Premiums

Life insurance company Aegon Romania, part of international financial group Aegon, ended 2021 with gross written premiums of RON153.4 milion, an increase of 14.09% on 2020 and a 4.73% market...

Loredana Frățilă-Cristescu · 08.06.2022 · 15:23 · 1 min
Three-Month ROBOR Jumps To 6.07% Threshold
Banks-Insurance

Three-Month ROBOR Jumps To 6.07% Threshold

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, grew to 6.07% a year on Tuesday...

Ecaterina Craciun · 07.06.2022 · 14:27 · 1 min
Alpha Bank Romania Joins IMM Prod, Garant Construct, Rural Invest And Innovation Programs
Banks-Insurance

Alpha Bank Romania Joins IMM Prod, Garant Construct, Rural Invest And Innovation Programs

Alpha Bank Romania joins the four new governmental programs whose main priorities are to dynamize local production, support constructions, including the “green” area, to stimulate productivi...

Ecaterina Craciun · 06.06.2022 · 20:04 · 1 min