Banks-Insurance
Romania Banking System Hits Record Profit Of RON6.4B In Jan-Sept 2021, Up 36% YoY
The net profit generated by the entire Romanian banking system at the end of the first nine months of 2021 reached a record high of around RON6.4 billion despite the pandemic, up over 36% fr...
Romania Raises RON700M Selling Oct 2027 Bonds At 5.11% Average Yield
Romania’s Finance Ministry reopened a bond issue due in October 2027 and raised RON700 million from banks on Monday (Nov 22), above the targeted level of RON500 million, at a yearly yield of...
ZebraPay Gets EUR0.5M Loan From Banca Transilvania For Business Expansion
ZebraPay, the leader of the local ATM market, with over 6,000 SelfPay payment stations nationwide, has contracted a loan of EUR0.5 million from lender Banca Transilvania.
EBRD Invests EUR10M In Autonom Services’ EUR48M Bond Issue
The European Bank for Reconstruction and Development (EBRD) has invested EUR10 million in a EUR48 million sustainability-linked bond issued by Autonom Services, a Romanian car leasing and re...
Romania Raises RON544M Selling July 2029 Bonds At 5.26% Average Yield
Romania's finance ministry has reopened a bond issue due in July 2029 and raised RON544.3 million (EUR109.9 million) from banks on Thursday, above the targeted level of RON400 million, at an...
Omniasig Gross Underwritings Grow 15% YoY To RON1.1B In Jan-Sept 2021
Omniasig, the biggest company Austria’s Vienna Insurance Group (VIG) owns in Romania, ended the first nine months of 2021 with a volume of underwritten gross premiums of RON1.1 billion, high...
Romania Launches Sixth Consecutive Issue Of Fidelis Govt Bonds For General Population
Romania's finance ministry on Thursday said it was carrying out a new public offer for the sale of Fidelis government bonds for individual investors on the Bucharest Stock Exchange, between...
VIG Gross Underwritings In Romania Grow 16% YoY To EUR412M In January-September 2021
Austria’s Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, said Thursday it recorded gross underwritings of EUR411.6 million in Roman...
New Corporate Loans Picked Up in September
September brought a corporate lending rebound, after the August slowdown. Banks operating on the Romanian market granted new RON-denominated loans of RON3.77 billion to companies, up 31.6% f...