Banks-Insurance
Romania Private Lending Grows 1% On Month In April 2021
Private lending in Romania grew 1% in nominal terms and 0.6% in real terms in April 2021 compared with March 2021, to RON293.559 billion, central bank data showed Thursday.
Raiffeisen Bank Green Bonds Start Trading on Bucharest Stock Exchange Thursday
Green bonds issued by Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, will start trading on the Bucharest Stock Exchange Thursday under the ticker symbol RBRO26, the...
Black Sea Bank Funds Energy Efficiency Upgrade of Romanian Households via Garanti BBVA
The Black Sea Trade and Development Bank (BSTDB) is providing a loan of up to EUR10 million to Garanti BBVA Consumer Finance, to finance energy improvements and resource efficiency of reside...
ING Bank Romania Posts 11% Growth in Gross Profit in 1Q, to RON183M
Lender ING Bank Romania on Tuesday said its pre-tax profit grew 11% on the year in the first quarter of 2021, to RON183 million, while its revenues grew 2% in the same period, to RON544 mill...
Lenders in Romania See Profit Rise 15% in Q1
The net profit of Romania’s banking system reached about RON1.89 billion at the end of the first quarter of 2021, 15% higher than in the year-ago period, while assets rose to a peak of RON57...
IFC Invests $25M in BCR Bonds to Expand Access to Housing Finance
International Finance Corporation,a member of the World Bank group, is investing approximately $25 million equivalent in Romanian lei in senior non-preferred bonds placed by Banca Comerciala...
Inflation Dominated Central Bank May 12 Policy Meeting, Minutes Show
Romania's central bank board members discussed at length the new anticipated inflation pattern, raising the forecast to 4.1% at the end of 2021 from a previously expected 3.4%, the minutes o...
Romania Raises RON300M Selling Oct 2034 at 4.15% Average Yield
Romania's finance ministry on Monday raised a planned 300 million lei (EUR60.9 million) selling bonds maturing in October 2034 at an average yield of 4.15%, central bank data showed.
Uniqa Asigurari, Uniqa Asigurari de Viata Combined Underwritings Up 5.7% YoY To EUR25.2M In 1Q/2021
Austrian Uniqa Group, which owns in Romania general insurance division Uniqa Asigurari and life insurance division Uniqa Asigurari de Viata, ended the first three months of 2021 with underwr...