Banks-Insurance
Patria Bank Seeks To Boost Lending By 23%, Assets By 10% In 2021
Patria Bank, held by private equity fund Emerging Europe Accession Fund (EEAF), plans to increase lending by 23% to RON2.19 billion, which will increase the bank’s assets by 10% up to RON3.7...
Corporate Lending Up More Than 14% in March
Corporate loans have become the lending driver in Romania, with the volume going up 14.4% to RON81.9 billion in March over the year-ago month.
Vista Bank's Acquisition of Crédit Agricole Romania Gets Antitrust Clearance
Romania's competition authority said Tuesday it has authorized the acquisition of Crédit Agricole Bank Romania by Vista Bank Romania.
Romania Private Lending Grows 1.8% on Month in March
Private lending in Romania grew 1.8% in nominal terms and 1.4% in real terms in March compared with February, to RON290.569 billion, central bank data showed Tuesday.
Romania Raises RON659.5M Selling Jan 2028 Bonds at 2.8% Average Yield
Romania's finance ministry on Monday raised 659.5 million lei (EUR134 million), versus a RON500 million target, selling bonds maturing in January 2028 at an average yield of 2.8%, central ba...
BRD Gets Shareholder Approval To Distribute Gross Dividend Of RON0.0749/Share, At 0.5% Yield
BRD Groupe Société Générale, the third largest lender on the Romanian market by assets, received shareholders’ approval on April 22, 2021 for the distribution of a gross dividend of RON0.074...
Romania Raises RON300M Selling Oct 2034 Bonds At 3.86% Average Yield
Romania's finance ministry on Thursday raised a planned 300 million lei (EUR60.9 million) selling bonds maturing in October 2034 at an average yield of 3.86%, central bank data showed.
NN Pensii Posts RON44.9M Profit in 2020, from RON40M Loss in 2019
NN Pensii, the largest private pension fund manager on the mandatory segment in Romania (Pillar II), reported a net profit of RON44.9 million in 2020, compared with a loss of nearly RON40 mi...
EximBank Lends RON100M To Oltina Impex Prod Com For Working Capital
Lender EximBank has granted a financing of RON100 million to Prahova-based company Oltina Impex Prod Com, which operates in the milling and bakery sector.