Banks-Insurance
Smart Fintech Becomes First TPP In Romania Authorized On Both Open Banking Services
Startup Smart Fintech, launched two years ago by Mihaela Georgescu, Ana Maria Georgescu, Alexandru Cociu and Andrei Dumitru, marks a new premiere in Romania, becoming the first third-party p...
Three-Month ROBOR Climbs To 2.25% A Year On October 20
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, continued its upward trend on W...
Pillar II Pension Funds End September with RON87B in Assets
The seven Pillar II (mandatory) private pension funds in Romania, which hold significant stakes in the companies listed on the Bucharest Stock Exchange, had RON87 billion assets at the end o...
Romania Raises RON300M Selling Feb 2029 Bonds At 4.85% Average Yield
Romania's finance ministry on Monday raised RON300 million (EUR60.6 million) selling bonds maturing in February 2029 at an average yield of 4.85%, central bank data showed.
BCR Lists Its First Green Bonds Worth RON500M On Bucharest Stock Exchange On Oct 19
Banca Comerciala Romana (BCR) is listing on October 19 its first green bonds worth RON500 million on the Main Market of the Bucharest Stock Exchange, under the stock exchange symbol BCR28A.
Central Bank Clears Foreign-Held Banks In Romania to Pay Dividends to Stakeholders
Romania’s central bank has cleared banks in Romania, some of which are controlled by foreign financial groups from countries such as Austria, France, Italy, the Netherlands and Greece, to pa...
Number of Insurance Contracts Tops 17 Million in 1H/2021, Up 8% from 1H/2020
Romania’s insurers at the end of 1H 2010 had over 17 million insurance contracts in their portfolios, up 8% from the year-earlier period, in line with a report by the Financial Supervisory A...
Three-Month ROBOR Surges To 2.2% A Year on October 15
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, continued its upward trend on F...
France’s Axeria Set to Enter Romania Auto Liability Insurance Market in 2022
French-owned Axeria, headquartered in Lyon, plans to enter Romania’s RCA (auto liability insurance) market.