Banks-Insurance
Transgaz Signs RON220M Loan Agreement with BCR
National natural gas transmission company Transgaz (TGN.RO) signed on Thursday a 12-year RON220 million loan agreement with Banca Comerciala Romana (BCR) on Thursday, an announcement on the...
Standard and Poor’s Upgrades BSTDB’s Credit Rating To “A/A-1”
The Black Sea Trade and Development Bank (BSTDB) received an upgrade of its long- and short-term issuer credit ratings from the S&P Global Ratings to 'A/A-1' from 'A-/A-2', with Stable Outlo...
Romania Raises RON214M Selling June 2026 Bonds At 5% Average Yield
Romania’s Finance Ministry has reopened a bond issue due in June 2026 and raised RON214 million from banks on Thursday, lower by RON286 million more than the targeted amount, at a yearly yie...
UniCredit Bank Opens Mortgage Center In Bucharest
Lender UniCredit Bank has opened the first Mortgage Center, in Bucharest’s Charles de Gaulle Square, which is intended exclusively for the mortgage lending activity.
ING Bank Ends 3Q/2021 with RON630M Net Profit, Up 42% from 3Q/2020
ING Bank ended the third quarter of this year with total revenues worth RON1.7 billion, up 9%, and net profit of RON630 million, 42% higher than in the same period of 2020.
Allianz-Tiriac Gets All Necessary Approvals to Buy Gothaer Asigurari
Allianz-Tiriac, an insurance company part of Germany’s Allianz group, has received approval from both the Competition Council and the Financial Supervisory Authority (ASF) for the acquisitio...
Volt Application Targets Over 150,000 Users In 2022, 170% More Than In 2021
Volt application targets over 150,000 users in 2022, 170% more than in 2021, after reaching over 40,000 unique accounts in the first ten months of 2021.
0.5% in Banca Transilvania Change Hands on Bucharest Stock Exchange in Largest Deal Since 2016
A 0.5% stake in Banca Transilvania (TLV.RO) or about 33 million shares changed hands in the afternoon of Tuesday's trading session, in two transactions on the DEALS market of about RON81 mil...
Uniqa Asigurari, Uniqa Asigurari de Viata’ Combined Underwritings Up 11.3% YoY To EUR78M For Jan-Sept 2021
Austria’s Uniqa Group, which owns in Romania a general insurance division (Uniqa Asigurări) and a life insurance division (Uniqa Asigurari de Viata) ended the first nine months of 2021 with...