Banks-Insurance
Finance Ministry Raises RON662M from Bond Issue on Monday
Finance Ministry reopened a bond issue due in 2029 and borrowed RON662.6 million from banks on Monday, double as much as it had set out to, an at annual yield of 3.63%.
Libra Bank Sees Profit Rise to RON123M in H1
Libra Internet Bank ended the first half with RON123.2 million net profit, an increase of 416% on the year-ago period, while total income went up 13.11% to RON186.3 million, the lender’s rep...
Romania’s External Debt Up EUR2.09B to EUR128B in H1
Romania’s external debt increased by EUR2.09 billion to EUR128.02 billion in the first half, of which the external direct public debt accounted for EUR57.7 billion, an increase of EUR400 mil...
Finance Ministry Raises RON305M Via Bonds Due in 2024 at 2.92% Yield
The Finance Ministry on Thursday reopened a bond issue due in November 2024 and borrowed RON305 million from banks, RON5 million more than scheduled, at an annual yield of 2.92%.
Romania Central Bank Governor: Leu More Stable Than Currencies Used for Comparison
The leu exchange rate is showing strengthening not depreciation and, unlike the floating exchange rate policies of Hungary, Czech Republic and Poland, Romania’s central bank (BNR) kept the e...
Instant Payments Expand Further in Romania
Vista Bank, the former Marfin Bank, owned by Greek-held Vardinogiannis group, has become the fifth bank on the Romanian market to introduce the instant inter-banking payment service, beside...
IFC Invests $10M In FintechOS, As Part Of $60M Series B Financing Round
FintechOS, a global technology provider for banks, insurers and other financial services companies, launched in 2017 by Teodor Blidarus and Sergiu Negut, has announced a $10 million investme...
Intesa Sanpaolo Romania Operating Revenue Down 7.2% YoY To EUR19M In 1H/2021
Intesa Sanpaolo Romania, the local subsidiary of Italian Intesa Sanpaolo Group, on Friday said it ended the first half of 2021 with operating revenue of EUR19 million, down 7.2% from the yea...
Euroins Romania Calls Shareholders To Vote On New Share Capital Increase, Worth Over RON120M
Euroins Romania is summoning its shareholders on September 15, 2021 to vote on a new share capital increase, of over RON120 million, after two other consecutive capital increases carried out...