Banks-Insurance
Three-Month ROBOR Close To 4% Threshold On March 3
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 soared to 3.97% a year on T...
Raiffeisen Bank’s Net Profit Up 22% YoY To RON788M In 2021
Raiffeisen Bank ended 2021 with a net profit of RON788 million (EUR160 million), 22% higher than RON644 million in 2020, the Bank said in a stock market report on Thursday (March 3).
Uniqa Set to Expand Its Business in 2022
Uniqa Romania, made up of two companies belonging to Austria’s group Uniqa, wants to expand its business, with warranty insurance as a segment where the company wants to develop solutions, s...
Three-Month ROBOR Hits Nine-Year High At 3.91% A Year On March 2
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, soared to 3.91% a year on Wedne...
Patria Bank Posts 238% Net Profit Rise to RON9.5M in 2021
Patria Bank (PBK.RO), a lender held by Emerging Europe Accession Fund (EEAF) ended 2021 with a net profit at individual level of RON9.46 million, an increase of 238.3% or RON6.7 million on t...
Romania Forex Reserves Drop To EUR41.8B On Month In Feb 2022
Romania's foreign exchange reserves decreased by EUR1.22 billion in February 2022 versus January 2022, to EUR41.8 billion, central bank data showed Tuesday.
Allianz-Tiriac Gross Underwritings Top RON2M In 2021, Up 55% YoY
Insurance company Allianz-Tiriac on Monday said it ended 2021 with underwritten gross premiums of over RON2 billion, up nearly 55% versus 2020, and an operating profit of RON162 million.
Three-Month ROBOR Starts Feb 28 – March 4 Week At 3.83% 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, advanced to 3.83% a year on Mon...
Romania Continues Population Bond Issues In March 2022
Romania's finance ministry will be launching three new bond issues for the general population, under the Tezaur program, on Tuesday (March 1, 2022), which can be subscribed until March 25.