Banks-Insurance
Braiconf Borrows EUR400,000 From Raiffeisen Bank Within COVID-19 State Aid Scheme For Large Companies
Romanian apparel manufacturer Braiconf Braila (BRCR.RO) has received a financing of EUR400,000 from lender Raiffeisen Bank, which is guaranteed by EximBank, within the COVID-19 state aid sch...
BlackPeak Capital Attracts EUR68.5M in First Financing Round For Its Southeast Europe Fund
BlackPeak Capital, a private equity firm focused on investing growth equity in Southeast Europe, successfully completed first closing at EUR68.5 million of its target EUR120 million BlackPea...
Private Pension Fund Managers Post RON15M Losses in 2020
Even though pension funds generated about RON4.4 billion (EUR900 million) net profit for the employees paying into them, 2020 was a bad year for pension fund managers due to the RON14.6 mill...
Romania Raises RON600M Selling Jan 2028 Bonds at 3% Average Yield
Romania's finance ministry on Thursday raised a planned 600 million lei (EUR121.9 million) selling bonds maturing in January 2028 at an average yield of 3%, central bank data showed.
New Consumer Loans in Lei Reach 14-Year High in April
New consumer loans in lei reached more than RON2.52 billion in Romania in April 2021, the highest level in 14 years and 4.3 times higher than in April 2020.
Romania Raises RON334M Selling 7-Month T-Bills at 1.72% Average Yield
Romania's finance ministry on Monday raised 334.2 million lei (EUR67.8 million), from a planned RON300 million, selling treasury bills maturing in January 2022 at an average yield of 1.72%,...
Romania Raises RON660M Selling Oct 2030 Bonds at 3.27% Average Yield
Romania's finance ministry on Monday raised 660.4 million lei (EUR134 million), slightly more than planned, selling bonds maturing in October 2030 at an average yield of 3.27%, central bank...
Romania Continues Population Bond Issues In June
Romania's finance ministry launches three new bond issues for the general population Monday, June 1, which can be subscribed by June 28.
Euroins Romania Seeks to Lower Exposure to Auto Liability Insurance Segment
Euroins Romania, the second largest auto liability (RCA) insurance provider in the country, is refreshing its insurance products, starting with roadside assistance, comprehensive auto insura...