Banks-Insurance
Three-Month ROBOR Grows To 2.48% A Year On Nov 9
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 2.48% a year on Tuesday...
Dentons Assists Erste Group Bank, Raiffeisen Bank, BCR In Concluding RON750M Loan Facility Contract With Electrica
Law firm Dentons has assisted Erste Group Bank, Raiffeisen Bank and Banca Comerciala Romana in concluding a RON750 million loan facility contract with Romanian energy supplier Electrica whic...
Romania Raises RON573M Selling January 2028 Bonds At 4.82% Average Yield
Romania's finance ministry on Monday raised RON573 million, higher by RON173 million than the targeted amount, selling bonds maturing in January 2028 at an average yield of 4.82%, central ba...
CEC Bank Net Profit Surges 21% YoY To RON332M In Jan-Sept 2021
Romanian state-run lender CEC Bank on Monday reported a preliminary net profit of RON332.4 million, up 21.2% from the year-earlier period.
Three-Month ROBOR Climbs To 2.45% A Year On Nov 8
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 2.45% a year on Monday...
OTP Profit Slides 65% to RON14M In Jan-Sept 2021 Vs. Year-Earlier Period
OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, registered consolidated profit after tax worth RON14 million in the first nine months of 2021, down 65% from the...
Three-Month ROBOR Ends November 1-5 Week at 2.43% 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 before May 2019 rose 2.43% a year on Friday (Novembe...
Intesa Sanpaolo Romania Revenues Go Down 5.2% in First 9 Months of 2021, to EUR29M, From Year-Earlier Period
Intesa Sanpaolo Romania, the domestic subsidiary of the Italian bank of the same name, for the first nine months of 2021 reported revenues worth EUR29 million, down 5.2% against the same per...
Deloitte Opinion: Romania Drastically Taxes Sale Of Non-Performing Loans
The market of non-performing receivables assignment is blocked in Romania due to excessive taxation of the amounts obtained from such transactions, a rule that entered into force on January...