Banks-Insurance
Romania Raises RON400M Selling June 2026 Bonds At 3.51% Average Yield
Romania's finance ministry on Thursday raised 400 million lei (EUR80.9 million), selling bonds maturing in June 2026 at an average yield of 3.51%, central bank data showed.
Ranking Of Most Profitable Large Banks in Romania in 1H/2021: Top Three Banks Post RON2.2B Combined Profit
All large banks in Romania reported higher profits for 1H/2020 against the same period in 2020 amid weakening pandemic fallout and declining risk and provision costs, but also in the wake of...
Allianz-Tiriac Asigurari Recruits Daniela Covacescu For Position Of Chief Operating Officer
Daniela Covacescu, with over 20 years of experience in the field of financial-banking and insurance, was recruited by Allianz-Țiriac Asigurari for the position of Chief Operating Officer (CO...
Romania Continues Population Bond Issues In September 2021
Romania's finance ministry will be launching three new bond issues for the general population on September 1, 2021, which can be subscribed until September 28.
SIF Banat-Crisana Exits Shareholding Structure Of BT Asset Management After 16 Years
Regional investment fund SIF Banat-Crisana (SIF1.RO) sold its 10% ownership stake in BT Asset Management (BT AM) to lender Banca Transilvania, in the second quarter of 2021, per ZF’s aggrega...
Omniasig Reached RON730M in Gross Underwritten Premiums in 1H/2021, Over 10% Higher Vs 1H/2020
Omniasig, the biggest company Austria’s Vienna Insurance Group (VIG) owns in Romania, ended the first half of 2021 with a volume of gross underwritten premiums worth RON730 million, more tha...
Reff & Asociatii Assists Speedwell In Refinancing EUR12M Loan Granted By BRD For Record Park Offices Project
Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to Belgian-held real estate developer Speedwell in refinancing the loan granted by BRD G...
ING Bank Romania Posts 6% Growth In Total Revenue In 1H/2021, To RON1.1B
Lender ING Bank Romania on Monday said its total revenue grew 6% on the year, to RON1.1 billion, in the first half of 2021, while its gross profit grew 19% in the same period, to RON441 mill...
Chimcomplex Holders Approve Contracting Of EUR60M Loan From CEC Bank, EUR30M Loan From Alpha Bank
Shareholders of Chemical producer Chimcomplex Borzesti (CHOB.RO), which owns the Oltchim and Borzesti platforms, have approved the contracting of a EUR60 million loan from state-run lender C...