Banks-Insurance
Romania Raises RON951.4M Selling Sept 2023 Bonds at 1.99% Average Yield
Romania's finance ministry on Monday raised 951.4 million lei (EUR195 million), versus its RON600 million target, selling bonds maturing in September 2023 at an average yield of 1.99%, centr...
Mihnea Craciun Leaves EBRD to Lead Endeavor Romania
Mihnea Craciun has left the position of deputy director within the European Bank for Reconstruction and Development and takes over as managing director for the Romanian chapter of Endeavor,...
IIB Net Profit Grows 28% in 2020, to EUR7.3M
International Investment Bank (IIB), founded in 1970 in Budapest and 6.8% owned by Romania, reported a net profit of EUR7.3 million in 2020, up 28% from EUR5.6 million in 2019, the bank said...
Impact Signs Two Loan Agreements with First Bank to Fund Construction, VAT Costs
Romanian real estate developer Impact (IMP.RO) said Monday it has signed two mortgage loan agreements with lender First Bank, consisting of EUR5.92 million for properties and RON4.5 million...
Romania Launches Three New Population Bond Issues on Feb 8
Romania's finance ministry launches three new bond issues for the general population Monday, February 8, which can be subscribed by February 24.
Romania Raises RON716.5M Selling One-Year Bills at 1.67% Average Yield
Romania's finance ministry on Thursday raised 716.5 million lei (EUR147 million), versus its RON600 million target, selling one-year treasury bills at an average yield of 1.67%, central bank...
Romania Raises RON1.4B Selling Oct 2027 Bonds at 2.39% Average Yield
Romania's finance ministry on Thursday raised 1.415 billion lei (EUR290.3 million), versus its RON500 million target, selling bonds maturing in October 2027 at an average yield of 2.39%, cen...
ING Survey: Buying a Home Is Usually a Short and Sharp Experience
Romanians are the most determined and quickest Europeans when it comes to choosing a home to buy, with three out of five saying they found their home in three months at most, a survey conduc...
ECB Extends EUR4.5B Repo Line to Romanian Central Bank until March 2022
The European Central Bank and the National Bank of Romania have agreed to extend until March 2022 a framework arrangement to provide liquidity in euros to the Romanian central bank via a rep...