Banks-Insurance
Agricover Credit IFN Gets EUR7.5M from EIB for Loans to Farmers
Non-bank financial institution Agricover Credit IFN has received EUR7.5 million from the European Investment Bank, the second tranche of a EUR15 million loan agreement signed in 2020.
New Corporate Loans in Lei Down Again in May
Banks in Romania granted about RON2.63 billion worth of new loans to companies in May 2021, almost 25% less than in April and RON2 billion or 43% less than in March.
CEO: Omniasig Targets Gross Underwritings Of Nearly RON1.4B End-2021
Omniasig, the largest insurance company in the portfolio of Austria’s Vienna Insurance Group (VIG), expects a volume of underwritten gross premiums of RON1.4 billion at the end of 2021, Omni...
Electrica Group Borrows EUR120M From EIB To Upgrade Electricity Distribution Networks
The European Investment Bank (EIB) on Thursday formally agreed a new EUR120 million loan with Distributie Energie Electrica Romania S.A. (DEER), the electricity distribution subsidiary of th...
Romania Raises RON590M Selling June 2026 Bonds At 3.05% Average Yield
Romania's finance ministry on Thursday raised 590 million lei (EUR117.9 million), higher by RON90 million than the targeted amount, selling bonds maturing in June 2026 at an average yield of...
VIG's Omniasig To Pay In 2021, For First Time In A Decade, Total Dividends Worth Over RON18M
Insurance company Omniasig, owned by Austria's Vienna Insurance Group (VIG), will pay in 2021, for the first time in the last ten years, total dividends worth over RON18 million, which trans...
CFO Sells RON202,500 Worth of Banca Transilvania Shares
Banca Transilvania (TLV.RO), the largest lender in Romania, on Wednesday notified the Bucharest Stock Exchange that its chief financial officer George-Razvan Calinescu sold 75,000 shares at...
Alro Slatina Gets RON167M Financing Facility From EximBank To Fund Its Current Activity
EximBank has granted a financing facility of RON167 million to ALRO Slatina, the only producer of aluminium and aluminium alloys in Romania and one of the largest vertically integrated alumi...
Romania Raises RON200M Selling April 2036 Bonds At 4.31% Average Yield
Romania's finance ministry on Monday raised a planned 200 million lei (EUR51.8 million), selling a new issue of bonds maturing in April 2036 at an average yield of 4.31%, central bank data s...