Banks-Insurance
Romania Central Bank Raises Key Rate To 2.5% A Year
Romania's central bank on Wednesday (February 9) raised its benchmark interest rate by 0.5 percentage points to 2.5% a year from the current rate of 2% a year, starting February 10, 2022.
Three-Month ROBOR Spikes To 3.29% A Year On Feb 9
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, grew to 3.29% a year on Wednesd...
Three-Month ROBOR Keeps Upward Trend, Climbs To 3.22% A Year On Feb 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, grew to 3.22% a year on Tuesday...
Romania Insurance Market Grows 24% YoY To RON14.3B In 2021
Romania’s insurance market ended 2021 with underwritten gross premiums of RON14.3 billion (nearly EUR2.86 billion), seeing the biggest annual growth of the last decade, of 24%, versus 2020,...
Romania Rejects All Bids For 2036 Bonds
Romania's finance ministry on Monday rejected all bids for treasury bonds maturing in 2036, as it deemed the bid price unacceptable, central bank data showed.
ING Bank Involved In New Green Bond Issue Worth EUR500M For NEPI Rockcastle
ING Bank was involved in a new green bond issue worth EUR500 million for NEPI Rockcastle, the largest owner of shopping centers in Central and Eastern Europe, also present in Romania, and th...
Three-Month ROBOR Grows To 3.19% A Year On Feb 7
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, grew to 3.19% a year on Monday...
EBRD To Guarantee Under Risk-Sharing Agreement Up To 65% Of Each Loan Granted By Raiffeisen Bank
The European Bank for Reconstruction and Development (EBRD) will guarantee up to 65% of each individual loan granted by Raiffeisen Bank to eligible clients and its commitment could reach up...
International Investment Bank Ends 2021 With Net Profit Of EUR7.9M, Up 8% YoY
The International Investment Bank (IIB), founded in 1970 by several countries including Romania, reported a net profit of EUR7.9 million for 2021, up 8% on the year, mainly due to revenue gr...