Banks-Insurance
VIG Gross Underwritings In Romania Grow 5.5% YoY To EUR493.8M
Austria’s Vienna Insurance Group (VIG), which owns insurers Omanisig, Asirom and BCR Asigurari de Viata in Romania, said Thursday it recorded gross underwritings of EUR493,8 million in Roman...
Agribusiness Group Rodbun Takes RON84.5M Syndicated Loan For Working Capital
Integrated agricultural group Rodbun, whose operations include farm input wholesale and grain trade, has contracted a financing worth RON84.5 million through a syndicated loan.
UniCredit Group Appoints Sorin Dragulin As CEO Of UniCredit Consumer Financing Romania
Italy’s UniCredit Group, which holds the fifth largest bank on the Romanian market by assets, has approved the appointment of Sorin Dragulin to the position of Chief Executive Officer (CEO)...
ING Bank Romania Grants RON10M Credit Facility To Agrinvest Credit IFN
ING Bank Romania has granted a credit facility of RON10 million to Agrinvest Credit IFN to increase lending for small and mid-sized farmers and to cover the company’s working capital needs i...
Moody's Upgrades Alpha Bank Romania’s EUR200M Mortgage Bond Issue To A3 From Baa2
Moody´s Investors Service ("Moody´s") on Friday upgraded to A3 from Baa2 the rating of the mortgage covered bonds issued by Alpha Bank Romania S.A., worth EUR200 million and launched by the...
Romania Raises RON1B Via Two Bond Issues
Romania's finance ministry on Thursday raised RON499.9 million (EUR101.5 million) selling bonds maturing in April 2022 and RON500 million (EUR101.5 million) selling bonds maturing in October...
Hungary Temporarily Blocks VIG's Acquisition of Aegon Operations in CEE
Vienna Insurance Group's planned acquisition of Dutch Aegon's Central and Eastern European business is temporarily blocked by Hungary which said it would deny approval for the acquisition of...
Romania Borrows EUR3.5B From External Markets With First Eurobond Issue Of 2021
Romania’s finance ministry on Wednesday borrowed EUR3.5 billion on external markets with the first Eurobond issue of 2021, which is the country’s biggest borrowing on external markets to dat...
Romania Taps International Markets with 12 and 20-Year Eurobond Issues
Romania's finance ministry on Wednesday taps external markets for the first time this year, selling euro-denominated bonds with 12 and 20-year maturities.