Banks-Insurance
Romania Life Insurance Market Sees 50.2% Growth In Last 11 Years
Romania’s life insurance market reported underwritings of RON2.6 billion at the end of 2021, up 17.6% from 2020, but, in terms of the weight held in the overall market, this segment seems to...
Romania Raises RON571M Selling 2029 Bonds At 5.44% Average Yield
Romania's finance ministry on Monday raised RON571 million (EUR115.4 million), close to the planned level, selling bonds maturing in 2029 at an average yield of 5.44%, central bank data show...
Three-Month ROBOR Spikes To 3.57% A Year On Feb 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, soared to 3.57% a year on Frida...
Allianz Group Ends 2021 With Total Revenue Of EUR148.5B, Up 5.7% Vs 2020
Allianz Group, present on the Romanian market through insurance company Allianz-Țiriac, ended 2021 with total revenue of EUR148.5 billion, up 5.7% on the year, reaching an operating profit o...
Romania Raises RON755M Via Two Bond Issues
Romania's finance ministry on Thursday (Feb 17) raised RON755 million (EUR152.7 million) selling treasury bills and bonds maturing in September 2022 and June 2026, at annual average yields o...
Garanti BBVA Romania Group Reports 55% Higher Net Profit, Of Over RON166M, In 2021
Garanti BBVA Romania Group, which brings together lender Garanti BBVA, consumer lending company Garanti BBVA Credite de Consum and Garanti BBVA Leasing, had a consolidated net profit of RON1...
NN Asigurari de Viata Ends 2021 With RON4.6B Financial Assets On Health, Life Insurance Segment
The financial assets managed by insurer NN Asigurari de Viata on the life and health insurance segment reached nearly RON4.6 billion at end-2021, up 8.5% against 2020, and its pre-tax profit...
Romania Auto Liability Insurance Market Hits Record High In 2021, With Underwritings Of RON5.9B
Romania’s auto liability insurance policies (RCA) market reached a record level of gross premiums underwritten in 2021, of RON5.93 billion, the biggest increase of the last 11 years, of 49.4...
Three-Month ROBOR Stays Put At 3.55% A Year On Feb 15
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, stagnated at 3.55% a year on Tu...