Banks-Insurance
PAID To Grant RON11.6M Dividends To Its Shareholders For 2021
PAID (the Pool of Insurance against Natural Disasters) Romania will grant dividends worth RON11.6 million to its shareholders for 2021, even though its shareholders include four bankrupt com...
Three-Month ROBOR Down to 4.7% on April 13
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, took a step back on Wednesday (...
Moody’s Upgrades To A2 Alpha Bank Romania’s Mortgage Bond Rating
Rating agency Moody’s Investors Service upgraded by one notch, to A2 from A3, the rating assigned to the mortgage covered bonds issued by lender Alpha Bank Romania.
Romania’s Health Insurance Market Grows Only 10% in 2021
Romania’s health insurance market reached RON497 million gross written premiums at the end of 2021, an increase of 10% on 2020.
Romania Raises EUR259.5M Selling 2025 Bonds At 1.94% Average Yield
Romania's finance ministry raised EUR259.5 million on Tuesday (April 12) selling bonds maturing in 2025, at an annual average yield of 1.94%.
Romania Raises RON351M From Banks Via Two Bond Issues
Romania's finance ministry on Monday (April 11) raised RON351 million, below the planned target of RON600 million, selling bonds maturing in 2026 and 2030, at annual average yields of 6.38%...
Glissando Takes Out RON14.2M Loan From EximBank To Fund Its Activity
Timisoara-based company Glissando, one of the leading distributors of pesticides, chemical fertilizers and other inputs for agriculture, has contracted a loan of RON14.2 million from lender...
Bucharest Stock Exchange Launches Its First ESG Guidelines With EBRD Support
The Bucharest Stock Exchange on Monday (April 11) published its first environmental, social and governance (ESG) reporting guidelines for listed companies, developed with the technical assis...
Climate, inflation, energy crisis, budget deficit, pandemic, geopolical tension and banking
As Europe started seeing what we hope is the end of the pandemic, it is confronted with an energy crisis, an inflation crisis and most recently a geopolitical crisis to threaten its very fra...