Banks-Insurance
Wood & Company Reportedly Working On Elefant Stock Market Listing
Financial brokerage firm Wood & Company Financial Services is supposedly working on the listing of online retailer Elefant on the Bucharest Stock Exchange, through an initial public offering...
Transelectrica Applies for Funding from EIB’s Modernization Fund for New Power Line Investment
National grid company Transelectrica (TEL.RO) has submitted the application to the European Investment Bank (EIB) for the funding of its new Constanta Nord – Medgidia Sud 400 kV overhead pow...
Alpha Bank’s Mortgage Loan Balance Overshoots EUR1.28B End-June 2021
The balance of mortgage loans granted by lender Alpha Bank Romania exceeded RON6.29 billion (EUR1.28 billion) at the end of June 2021.
Patria Bank Set To Increase Share Capital By RON19.73M Tops
Shareholders of lender Patria Bank (PBK.RO) will discuss, at their next general meeting of October 18, increasing the lender’s share capital by maximum RON19.73 million, up to RON331 million...
BNR Approves Acquisition of Idea Bank Romania by Banca Transilvania
Romania’s central bank BNR has approved the acquisition by the largest lender in the country, Banca Transilvania, of Poland’s Getin Holding’s stake in Idea Bank.
Three-Month Money Market Rate Returns To Psychological Threshold Of 1.60% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, on Tuesday (Sept 14) dropped to the psychological thresho...
Romania Raises RON431M Selling Feb 2029 Bonds At 3.64% Average Yield
Romania's finance ministry on Monday raised RON431 million (EUR87.1 million) selling bonds maturing in February 2029 at an average yield of 3.64%, central bank data showed.
EBRD Becomes Shareholder In Euroins Insurance Group
The European Bank for Reconstruction and Development (EBRD) and financial and insurance group Eurohold Bulgaria, the owner of Euroins Insurance Group AD (EIG), have signed an agreement where...
Romania Raises RON500M Selling Nov 2024 Bonds At 3.34% Average Yield
Romania's finance ministry on Thursday raised 500 million lei (EUR101 million), higher by RON200 million than its target, selling bonds maturing in November 2024 at an average yield of 3.34%...