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Romania Raises RON324.4M Selling Oct 2034 Bonds at 4.11% Average Yield
Banks-Insurance

Romania Raises RON324.4M Selling Oct 2034 Bonds at 4.11% Average Yield

Romania's finance ministry on Monday raised 324.4 million lei (EUR65.85 million), from a target of RON300 million, selling treasury bonds maturing in October 2034 at an average yield of 4.11...

Oana Gavrila · 28.06.2021 · 14:16 · 1 min
Romania Raises RON852.6M Selling One-Year Bills at 1.97% Average Yield
Banks-Insurance

Romania Raises RON852.6M Selling One-Year Bills at 1.97% Average Yield

Romania's finance ministry on Thursday raised RON852.6 million lei (EUR173 million) selling one-year treasury bills at an average yield of 1.97% and a cut-off of 2%, central bank data showed...

Oana Gavrila · 24.06.2021 · 16:24 · 1 min
Romania Raises RON254.9M Selling Oct 2027 Bonds at 2.95% Average Yield
Banks-Insurance

Romania Raises RON254.9M Selling Oct 2027 Bonds at 2.95% Average Yield

Romania's finance ministry on Thursday raised 254.9 million lei (EUR51.7 million) selling bonds maturing in October 2027 at an average yield of 2.95%, central bank data showed.

Oana Gavrila · 24.06.2021 · 16:16 · 1 min
Pandemic Made Romanians More Interested in Insurance Products
Analysis

Pandemic Made Romanians More Interested in Insurance Products

Romanians have become more interested in the protection offered by insurance in the wake of the COVID-19 pandemic and four in ten Romanians said they were more interested in health insurance...

Oana Gavrila · 24.06.2021 · 16:07 · 1 min
Three-Month Money Market Rate Grows To 1.50% After Stagnating At 1.49% In Last 12 Sessions
Banks-Insurance

Three-Month Money Market Rate Grows To 1.50% After Stagnating At 1.49% In Last 12 Sessions

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 1.50% a year on Thursday (June 24), after stagnat...

Ecaterina Craciun · 24.06.2021 · 14:04 · 1 min
BCR Grants EUR12.7M Green Financing Package to TeraPlast Group
Companies

BCR Grants EUR12.7M Green Financing Package to TeraPlast Group

TeraPlast Group, Romania's largest local construction materials producer, owned by businessman Dorel Goia, has signed an agreement with lender BCR for a green financing package of EUR12.7 mi...

Oana Gavrila · 24.06.2021 · 13:01 · 1 min
Allianz-Tiriac Gross Underwritings Grow Slightly To RON396M YoY In 1Q/2021
Banks-Insurance

Allianz-Tiriac Gross Underwritings Grow Slightly To RON396M YoY In 1Q/2021

Allianz-Țiriac on Thursday said its underwritten gross premiums totaled RON396.7 million in the first quarter of 2021, slightly higher than nearly RON393 million reported in the year-earlier...

Ecaterina Craciun · 24.06.2021 · 12:12 · 1 min
Romania Private Lending Grows 0.9% on Month in May
Banks-Insurance

Romania Private Lending Grows 0.9% on Month in May

Private lending in Romania grew 0.9% in nominal terms and 0.4% in real terms in May compared with April, to RON296.269 billion, central bank data showed Wednesday.

Oana Gavrila · 23.06.2021 · 12:27 · 1 min
Black Sea Trade and Development Bank Grants $40M Corporate Loan To ALRO
Banks-Insurance

Black Sea Trade and Development Bank Grants $40M Corporate Loan To ALRO

The Black Sea Trade and Development Bank (BSTDB) is providing a corporate loan of USD40 million to Romanian aluminum producer ALRO for its capital investment program, the lender said Wednesd...

Ecaterina Craciun · 23.06.2021 · 11:00 · 1 min