Banks-Insurance
EIB Lends EUR250M to Romania for Iasi Regional Hospital
The European Investment Bank (EIB) will grant a EUR250 million 27-year financing to Romania for a regional 850-bed hospital in Iasi, northeastern Romania.
FintechOS Raises $60M in Series B Financing Round to Fuel Global Expansion
FintechOS, global technology provider for banks, insurers and other financial services companies, announced Tuesday it has raised $60 million (EUR51 million) in Series B funding.
Aegon Romania Underwritings Grow 13% in 2020, to RON134.5M
Life insurance company Aegon Romania, part of Dutch group Aegon, had underwritings of RON134.5 million in 2020, up 13% on the year.
Iulius Group Gets EUR72M Green Loan from IFC to Build Office Complex in Iasi
International Finance Corporation (IFC), member of the World Bank Group, has granted a EUR72 million green loan to Romanian developer Iulius Group for the development of Palas Campus, an eco...
Romania Raises RON533M Selling Oct 2027 Bonds at 2.77% Average Yield
Romania's finance ministry on Monday raised 533 million lei (EUR108.2 million), compared with a RON500 million target, selling treasury bonds maturing in October 2027 at an average yield of...
Pillar II Pension Fund Assets Top RON80B in March
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON80.2 billion at the end of March, RON5 billion higher compared with the beginning o...
Romania Raises RON621.5M Selling Oct 2023 Bonds at 2.31% Average Yield
Romania's finance ministry on Thursday raised 621.5 million lei (EUR126.2 million), above its RON500 million target, selling bonds maturing in October 2023 at an average yield of 2.31%.
Libra Internet Bank Net Profit Plunges 67% YoY To RON38M In 2020
Libra Internet Bank on Thursday said it ended 2020 with a net profit of RON38 million, down 67% on the year, and the total operating income of RON341 million, up 3.73% on the year, per data...
Three-Month Money Market Rate Keeps Downward Trend, Drops Below 1.6% Threshold
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 1.59% a year on Thursday (April 15), its third da...