Banks-Insurance
Alpha Bank Romania, AFIR Sign Protocol To Ease Financing Of Rural Development Projects
Alpha Bank Romania has signed a collaboration protocol with Romania's Agency for Rural Investment Financing (AFIR) in order to speed up the absorption process of European funds allocated und...
Libra Internet Bank Raises EUR27.8M Via Private Placement Of Bonds
Libra Internet Bank has raised EUR27.8 million from stock market investors through a private placement of bonds, with a seven-year maturity and an interest rate of 4.25%, payable annually.
Three-Month Money Market Rate Soars To 1.69% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.69% a year on Tuesday (Sept 28), from 1.67% a y...
Romania Raises RON400M Selling Oct 2027 Bonds At 3.75% Average Yield
Romania's finance ministry on Monday raised 400 million lei (EUR80.8 million) selling bonds maturing in October 2027 at an average yield of 3.75%, central bank data showed.
Luminita Runcan Elected President Of Financial Markets Association
Luminita Runcan was elected President of the Financial Markets Association (ACI FMA), at a meeting held on September 23.
Three-Month Money Market Rate Surges To 1.65% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.65% a year on Friday (Sept 24), after stagnatin...
Romania Raises RON221M Selling April 2036 Bonds At 4.33% Average Yield
Romania's finance ministry on Thursday raised 221.2 million lei (EUR44.6 million), higher by RON21.2 million than planned, selling a new issue of bonds maturing in April 2036, at an average...
Uniqa Asigurari Getting Ready to Exit Auto Liability Insurance Segment in Romania
Uniqa Asigurari is getting ready to leave the auto liability insurance (RCA) market and has filed a request to have its license for that revoked to the relevant authorities, Valentin Coroiu,...
Central Bank Clears Theodor Stanescu To Run Crédit Agricole Romania
Romania’s central bank has approved the appointment of Theodor Stanescu to the position of general manager of Crédit Agricole Romania, which was acquired by Vista Bank, controlled by Greece’...