Banks-Insurance
Credit Europe Bank Romania Net Profit Grows 35% To RON20.5M, Revenue Falls 10% To RON112M In 1H/2021
Credit Europe Bank Romania on Monday reported a net profit of RON20.5 million in the first six months of 2021, up 35.23% from the year-earlier period, and revenue of RON112 million, 10% lowe...
Rodbun Group Signs RON278M Syndicated Loan Contract With BCR, As Arranger, And With Four Other Lenders
Banca Comerciala Romana (BCR) has arranged a syndicated loan worth RON278 million for Rodbun Group, one of the leading agribusiness companies in Romania.
Banca Transilvania Financial Group's Consolidated Net Profit Surges 47% YoY To RON1.01B In 1H/2021
Banca Transilvania Financial Group ended the first half of 2021 with operating income of RON2.4 billion, up 15% on the year, and consolidated net profit of RON1.01 billion, up 47% from the s...
ING Bank Survey: 68% Of Employees, 87% Of Freelancers Want To Become Entrepreneurs In Next Two Years
Seven in ten employees in Romania (67%) are interested in starting a business in the next two years and 87% of people working as freelancers share the same desire, per a survey conducted by...
Romania Raises RON574M Selling June 2026 Bonds At 3.24% Average Yield
Romania's finance ministry on Thursday raised 574.5 million lei (EUR116.5 million), higher than the targeted amount of RON400 million, selling bonds maturing in June 2026 at an average yield...
Patria Bank’s Net Profit Rises 27% to RON6.05M in H1
Patria Bank (PBK.RO), a lender 83.2% held by Emerging Europe Accession Fund, posted RON6.05 million net profit in the first half, an increase of 27% on the year-ago period.
Furniture Maker Italsofa Takes EUR5M Loan From EximBank For Working Capital
Armchair and sofa manufacturer Italsofa Romania, the local division of Italy’s Natuzzi Group, has accessed a loan of EUR5 million from EximBank which will be used to fund the company’s curre...
New Mortgage Lending In Lei In Romania Hits 14-Year High In June 2021, At RON1.8B
Romanians contracted new mortgage loans in lei worth over RON1.8 billion in June 2021, double compared with June 2020, which translates into a monthly record high of new mortgage lending in...
VIG Underwritings In Romania Grow 16.3% To EUR266M In 1H/2021
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, reported gross underwritings of EUR266.4 million on the local market in the f...