Banks-Insurance
CEC Bank Posts RON54.2M Net Profit in Q1
CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago period, higher than the overall banking system’...
Three-Month ROBOR Ends May 16-20 Week at 5.71% 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, increased to 5.71% a year on Fr...
Romania Raises RON881M Selling Bonds At 8.12% Yield
Romania's finance ministry raised RON881 million on Thursday (May 19), above the planned level of RON300 million, selling bonds maturing in 2029, at an annual average yield of 8.12%.
URBB Takes Out Over EUR20M Loan From ING Bank Romania
United Romanian Breweries Bereprod (URBB), a brewer whose portfolio includes brands such as Tuborg, Carlsberg and SKOL, has contracted a loan of over EUR20 million from ING Bank Romania, whi...
Three-Month ROBOR Climbs To 5.62% A Year On May 19
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 5.62% a year o...
Romania Gets EUR368M Loan From EIB To Build Regional Hospital In Craiova
Healthcare for 1.9 million people living in south-western Romania will be transformed following construction of a new regional hospital in Craiova backed by a 368 million Euro long-term EIB...
Three-Month ROBOR Spikes To 5.57% A Year On May 18
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 5.57% a year o...
Vienna Insurance Group Ends 1Q/2021 With EUR124M Profit Before Tax And EUR3.45B Underwritings
Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, on Tuesday said it ended the first quarter of 2022 with profit before tax of EUR124...
EY: Number Of Eurozone Businesses And Households Unable To Repay Their Bank Loans Set To Rise
The number of eurozone businesses and households unable to make repayments on their bank loans is set to rise, according to the first EY European Bank Lending Economic Forecast.