Banks-Insurance
Claudia Pendred Joins Supervisory Board Of Raiffeisen Bank As Independent Member
Claudia Pendred has received the approval of Romania’s central bank for the position of independent member in the Supervisory Board of Raiffeisen Bank.
Romania Forex Reserves Drop To EUR39.2B In November 2021
Romania's foreign exchange reserves fell by EUR560 million in November 2021 versus October 2021, to EUR39.2 billion, central bank data showed Thursday.
Seven Of Ten Largest Insurance Companies In Romania Report Profit For 2020
Seven of ten biggest insurance companies in Romania registered profit in 2020, per finance ministry data. The most profitable insurer was Allianz-Tiriac, reporting profit of RON138 million,...
Alpha Bank Posts EUR20M Pre-Tax Profit in Jan-Sep
Alpha Bank, a top ten lender in Romania by assets, posted pre-tax profit of EUR20 million in the first nine months, more than in the year-ago period.
Former Head of Telekom Romania’s B2B Unit Ovidiu Ghiman Launches Crowdfunding Platform Ronin
Ovidiu Ghiman, one of the best-known executives in the local communications industry and former head of B2B unit of Telekom Romania group, has launched together with Felix Crisan and Bogdan...
Most Profitable Large Banks in Romania in Jan-Sept 2021: Top 3 Banks Hit RON3.5B Cumulated Profit
Most large banks reported rising profits in the first nine months of 2021 compared with the same period of 2020 amid the waning fallout of the coronavirus crisis and the declining risk charg...
1,044 Bankers Left System and 184 Branches Closed Down in One Year
A number of 1,044 employees left the Romanian banking system and 184 subsidiaries and branches closed down in the period between the first nine months of 2020 and the first nine months of 20...
Libra Internet Bank's New Bond Issue Worth EUR40M To Start Trading On Bucharest Stock Exchange On Dec 3
The Bucharest Stock Exchange on Monday said the bonds issued by Libra Internet Bank worth EUR40 million would start trading on the Main Market on Friday (December 3), under the ticker LIBRA2...
Three-Month ROBOR Grows To 2.66% A Year On Nov 29
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 2.66% a year on Monday...