Banks-Insurance
OTP Bank Romania Increases Share Capital For Second Time In 2021, By Over RON200M
OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, on Wednesday said it increased its share capital for the second time in 2021, by over RON200 million.
ASF Approves Allianz-Tiriac as Direct Significant Shareholder of Gothaer Asigurari
Allianz-Tiriac has received approval from the Financial Supervisory Authority (ASF) to become a significant direct shareholder of Gothaer Asigurari, ASF officials said.
Romcab Reimburses Debts To Several Lenders By Implementing EUR23M Financing Contracted In March 2021
Romanian insolvent fiber optic cable producer Romcab Targu Mures (MCAB.RO) on Tuesday said it reimbursed its debts to several lenders among which EximBank, Banca Transilvania and Intesa Sanp...
SIF Transilvania Signs Revolving Credit Agreement With BCR For RON90M
Romanian regional investment fund SIF Transilvania has signed with lender Banca Comerciala Romana a revolving credit agreement for the amount of RON90 million, for a 12- month period, intend...
Three-Month ROBOR Stays Below 3% Threshold; Ends Dec 20-24 Week At 2.98% 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, remains below the 3% threshold,...
Finance Ministry Raises RON285M From Banks
Romania’s Finance Ministry reopened a bond issue due in 2024 and raised RON285 million from banks on Thursday, above the scheduled level of RON200 million, at an annual yield of 4.54%.
One United Properties Signs Partnership Agreement With Raiffeisen Bank International For Market Making Services
One United Properties (ONE.RO), a real estate developer of residential, office and mixed-use projects in Romania, has signed a partnership agreement with lender Raiffeisen Bank International...
Romanian Wholesaler Aquila Gets EUR5M Loan From EBRD
The European Bank for Reconstruction and Development (EBRD) is providing a EUR5 million loan to Aquila Part Prod Com S.A. with an option to buy up to EUR5 million worth of shares from the co...
Garanti BBVA Romania Gets EUR40M Financing From BSTDB To Grant Loans To Pandemic-Hit SMEs
Garanti BBVA Romania, one of the most dynamic lenders on the local market, has signed a financing agreement worth EUR40 million with the Black Sea Trade and Development Bank (BSTDB) to suppo...