Banks-Insurance
Three-Month ROBOR Grows To 2.40% A Year On Nov 4 After Stagnating At 2.36% For Four Days
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 2.40% a year on Thursda...
BRD Hits RON920M Net Profit in First 9 Months of 2021, Up 25% from Year-Earlier Period
BRD-Societe Generale ended the first nine months of 2021 with net banking income worth RON2.3 billion, up 1.2% from the same period of 2020, and RON920 million profit, up 25%.
Electrica Gets EUR750M From Erste Bank and Raiffeisen Bank
Electrica (EL.RO), one of the main actors on the energy supply and distribution market in Romania, has signed a RON750 million loan agreement with Erste Group Bank and Raiffeisen Bank Romani...
Raiffeisen Bank Hits RON645M Net Profit in First 9 Months of 2021, Up 11% YoY
Raiffeisen Bank registered net profit worth RON645 million in the first nine months of 2021, 11% higher than in the same period of 2020.
BCR Group Posts EUR195M Net Profit Attributable To Majority Shareholder In Jan-Sept 2021
Romanian BCR Group, owned by Austria's Erste, posted a net profit attributable to the majority shareholder of EUR195 million in the first nine months of 2021, up 38% year-over-year, Erste sa...
BCR Ends First 9 Months of 2021 with RON1.1B Net Profit, Up 35% from Year-Earlier Period
Lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, on Tuesday reported net profit of RON1.14 billion (EUR232.5 million) for the first nine months of 2021, 35% higher than...
Finance Ministry Raises RON600M On Nov 1
Romania’s Finance Ministry has reopened a bond issue due in 2030 and raised RON600 million from banks on Monday (November 1), at an annual yield of 4.93%.
Romania Forex Reserves Drop To EUR39.8B In October 2021
Romania's foreign exchange reserves fell to EUR39.8 billion in October 2021, lower by EUR1.37 billion than in September 2021, central bank data showed Monday.
Insurer NN Romania Teams Up With ING Bank To Provide Mortgage Brokerage Services
NN Romania, one of the leading players on the life insurance market and the private pension sector, on Monday said it would complement its loan insurance package with mortgage brokerage serv...