Banks-Insurance
Raiffeisen Bank Net Profit Grows 42% YoY To RON397M In 1H/2021
Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a net profit of RON397 million in the first half of 2021, 42% higher compared with the same period in...
BCR Posts 38% Higher Net Profit, Of RON690M, In 1H/2020
Romanian lender Banca Comerciala Romana (BCR), owned by Austria's Erste Group, on Friday reported a net profit of RON690.8 million (EUR140.9 million) for the first half of 2021, 38.5% higher...
BCR Group Posts EUR117M Profit Attributable To Majority Shareholder In 1H/2021
Romanian BCR Group, owned by Austria's Erste, posted a net profit attributable to the majority shareholder of EUR116.7 million in the first half of 2021, up 43.2% from EUR81.5 million report...
Banks In Romania Granted RON388B New Loans To Households And Companies In Last Five Years
Banks in Romania granted new loans to households and companies in the amount of RON388 billion between 2016 and 2020, higher by 37.5% than RON282 billion at the end of 2020, per an analysis...
Romania Insurance Market Grows 8.2% YoY To RON3.19B In 1Q/2021
The Romanian insurance market registered gross underwritings of RON3.19 billion in the first quarter of 2021, up 8.2% from the same period in 2020, the country's financial regulator said in...
Romania Antitrust Body Clears Acquisition Of A Part Of Vestmoldtransgaz Share Capital By EBRD
Romania’s Competition Council has approved an operation whereby the European Bank for Reconstruction and Development (EBRD) is acquiring a part of the share capital of company Vestmoldtransg...
Euroins Romania Leases 2,500 Sqm Of Office Space In Bucharest’s J8 Office Park Project
Euroins Romania, the second largest insurance company on the local market, has rented 2,500 square meters in building A of the J8 Office Park project developed in capital Bucharest by real e...
Digi Signs Two Contracts Worth EUR232M With Syndicate Of Banks For Working Capital, Investments
Digi Communications (DIGI.RO), a telecommunications operator listed on the Bucharest Stock Exchange and held by billionaire Zoltan Teszari from Oradea, said Tuesday in a stock market report...
Romania Central Bank Coordinates Implementation Of Project For Financial Sector In Republic Of Moldova
Romania’s central bank (BNR) was designated by the European Union to coordinate, jointly with the Netherlands' Central Bank and the Bank of Lithuania, the implementation of a project targeti...