Banks-Insurance
Romania Taps International Markets With 5 and 10-Year Bonds
Romania's finance ministry on Wednesday tapped international markets with two US dollar-denominated bond issues, maturing in five and ten years, respectively.
Romania Antitrust Body Clears Deal Whereby Poland’s Unilink Becomes Holder In Safety Broker
Romania’s Competition Council said it was looking into a transaction whereby Poland's Unilink had joined the shareholding structure of Safety Broker in December 2021, the main insurance brok...
Bogdan Spuza Appointed CEO Of OTP Bank Moldova
OTP Bank, the largest banking group in Hungary, also present in Romania, has appointed Bogdan Spuza to the position of Chief Executive Officer (CEO) of its division in the Republic of Moldov...
InnovX-BCR Accelerator Selects Seven Startups From Four Countries For Promotion To Potential Investors
InnovX-BCR, the technology business accelerator program, has selected seven companies from Romania, Moldova, Spain and Slovakia out of eleven startups that entered the bootcamp between Novem...
Romania Raises RON1.2B Via Two Bond Issues
Romania's finance ministry on Monday raised RON1.2 billion selling bonds maturing in 2027 and 2034, at annual average yields of 5.09% and 5.51%, respectively.
Banca Transilvania Continues Acquisitions with Tiriac Leasing
Banca Transilvania, Romania's largest bank, has signed an agreement to acquire Tiriac Leasing, owned by the Tiriac Group, and the deal should be completed in the first part of this year, aft...
BRD Seeks to Distribute RON1.7B Dividends
BRD-SocGen, the third largest lender in Romania and one of the most traded shares on the Bucharest Stock Exchange is calling shareholders to an ordinary general meeting on February 24, 2022,...
Number Of People with over EUR100,000 Deposits up to over 51,400 in Jan-Sep 2021
A number of 51,435 individuals had deposits of more than EUR100,000 euros or RON55.4 billion (about EUR11.3 billion) in all, at the end of the first nine months of 2021, the latest statistic...
Romania Raises RON915M Selling 2031 Bonds At 5.45% Average Yield
Romania's finance ministry on Thursday raised 915 million lei (EUR185 million), almost double the targeted level, at an annual average yield of 5.45%, central bank data showed.