Banks-Insurance
Omer Tetik Appointed Member Of Fondul Proprietatea Board Of Nominees
Omer Tetik, general manager of Romania’s largest lender by assets, Banca Transilvania, was voted Wednesday by the shareholders of property restitution fund Fondul Proprietatea as member of t...
Alpha Bank Posts EUR21.3M Pre-Tax Profit in 2020
Greek-owned Alpha Bank Romania, one of the top ten lenders in Romania, reported a pre-tax profit of EUR21.3 million for 2020, operating revenue of EUR137.8 million, and a loan portfolio of E...
Immofinanz Buys Bucharest Financial Plaza Building from BCR for EUR36M
Erste's Banca Comerciala Romana (BCR) has completed the property transfer of Bucharest Financial Plaza, its former headquarters on Calea Victoriei in downtown Bucharest, to Austria's Immofin...
Nuclearelectrica Deposits RON151M with CEC Bank at 1.75% Interest
Romania's nuclear power producer Nuclearelectrica (SNN.RO) said Tuesday in a market report it has deposited RON151 million with CEC Bank for one year at a negotiated interest of 1.75% a year...
Romania Private Lending Grows 0.7% on Month in February
Private lending in Romania grew 0.7% in nominal terms and 0.3% in real terms in February compared with January, to RON285.543 billion, central bank data showed Tuesday.
Romania Raises RON400M Selling Nov 2024 Bonds at 2.4% Average Yield
Romania's finance ministry on Monday raised 400 million lei (EUR81.8 million), as planned, selling treasury bonds maturing in November 2024 at an average yield of 2.4%, central bank data sho...
ING Bank Romania Posts 3% Growth in Revenue in 2020, Gross Profit Down 37%
Lender ING Bank Romania on Monday said its revenues grew 3% in 2020, to RON2.1 billion, but it pre-tax profit dropped 37% on the year, to RON574 million.
Romania Allots RON1.5B Guarantee Budget for Mortgage Loan Program
Romania's government on Friday decided to allot RON1.5 billion for this year's state-guaranteed mortgage lending program, which allows homebuyers to buy homes of up to EUR140,000.
BRD Approved Loan Deferrals for 2,400 Retail Customers This Year
BRD Groupe Société Générale, the third largest lender on the Romanian market by assets, said Friday it has deferred the loan repayments of 2,400 retail customers this year under a government...