Banks-Insurance
BRD Calls Shareholders To Approve Gross Dividend Of RON0.0749/Share, At 0.5% Yield
BRD Soc Gen, the third largest lender in Romania, after Banca Transilvania and Banca Comerciala Romana (BCR), has summoned its shareholders to discuss, among others, a proposition to distrib...
Pillar II Pension Fund Assets Drop by RON470M in February
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON77.1 billion in February, RON470 million less than in February, breaking a 10-month...
Groupama Ends 2020 With Gross Underwritings Of Over RON1B, Down 2.3% YoY
Groupama Asigurari on Tuesday said it registered a total volume of gross underwritten premiums of over RON1 billion in 2020, down 2.3% on the year.
TBI Bank, Also Present In Romania, Enters Lithuanian Market
TBI Bank, with main operations in Bulgaria and Romania and banking operations in Germany, Sweden, Denmark and Poland, is extending its presence in the region and entering the Lithuanian mark...
Allianz-Tiriac Ends 2020 With RON1.32B Gross Underwritings, Down 3.7% YoY
Allianz-Țiriac ended 2020 with total gross underwritings of RON1.32 billion, down 3.7% from 2019, and a 15% higher operating profit, of RON154 million.
Romania Raises RON300M Selling Jan 2028 Bonds at 2.84% Average Yield
Romania's finance ministry on Monday raised 300 million lei (EUR61.4 million), as planned, selling treasury bonds maturing in January 2028 at an average yield of 2.84%, central bank data sho...
Developer Oasis Retail Gets EUR9M Loan from OTP Bank for Retail Park
Real estate developer Oasis Retail Development & Consulting, owned by Klaus Reisenauer and Kurt Wagner, has taken a EUR9 million loan from OTP Bank to build a 60,000-square-meter retail park...
Impact's Bergamot Developments Gets EUR5.7M Loan from Libra Bank
Bergamot Developments, owned by Impact Developer (IMP.RO), has contracted a EUR5.7 million loan from Libra Internet Bank to refinance its loans from parent-company.
Bucharest, Cluj And Constanta Have Highest Bank Deposits Per Capita in Romania
The volume of deposits per capita stands at more than RON24,000 in Bucharest-Ilfov, while the lowest volume is in Giurgiu County, RON2,160, 11 times less than in Bucharest, ZF has calculated...