Banks-Insurance
Banca Transilvania To Have Its Own Tech Company, Code Crafters
Lender Banca Transilvania on Friday said it would have its own technology company, Code Crafters, through which it will increase its capacity to develop IT solutions.
Three-Month ROBOR Ends March 7-11 Week At 4.36% 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, has surged to 4.36% a year on F...
Romania Raises RON817M Selling Treasury Bills And Bonds
Romania's finance ministry on Thursday (March 10) raised RON817 million (EUR165.3 million), selling treasury bills and bonds maturing in April 2022 and July 2029, at annual average yields of...
EIB Group Granted EUR907M In 2021 For New Investments In Romania
The European Investment Bank (EIB) Group provided EUR907 million in 2021 for new investments across Romania.
Fitch Rates Romania’s CEC Bank ‘BB’; Outlook Stable
Fitch Ratings has assigned Romania-based CEC Bank S.A. (CEC) a Long-Term Issuer Default Rating (IDR) of ‘BB’ with Stable Outlook, Viability Rating (VR) of ‘bb’ and Government Support Rating...
Three-Month ROBOR Jumps To 4.31% A Year On March 8
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 grown to 4.31% a year on Tu...
Vienna Insurance Group Ends 2021 With Profit Before Tax Of EUR511M, Up Over 47% Vs 2020
Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, on Tuesday said it ended 2021 with profit before tax of EUR511.3 million, higher by...
UniCredit Bank Romania Pays Out Over EUR100M Worth of Dividends to Shareholders for 2021
UniCredit Bank Romania, controlled by the Italian group of the same name, decided to pay out dividends of around RON583.9 million (EUR117 million) to shareholders for 2021 financial year, ac...
Anchor Grup Contracts EUR80M From Lender Banca Transilvania
Anchor Grup, the company which developed the first two shopping malls in Romania, Bucuresti Mall and Plaza Romania, respectively – has obtained EUR80 million financing from lender Banca Tran...