Banks-Insurance
New Corporate Loans in Lei Reach 14-Year Monthly High in December
December 2020 came with last year’s highest level of new corporate loans in lei, as well as the 14-year monthly high, RON4.7 billion. The growth of new corporate loans in lei in December 202...
New Retail Loans Down for First Time in 8 Years in 2020
New consumer and mortgage loans in lei and euros consumers took from banks fell by some RON2.7 billion or 7% from the 2019 level to RON34.3 billion in 2020. Last year was the first of declin...
McKinsey&Company: Romanian Banks May Post RON58B Drop in Revenue after Risk Costs
Romanian banks may register an estimated drop in revenues of around RON58 billion by 2025, compared with revenues expected had the pandemic never happened, due to risk costs and decreased vo...
Romania Raises RON1.022B Selling Nov 2024 Bonds at 2.06% Average Yield
Romania's finance ministry on Monday raised 1.022 billion lei (EUR209.7 million) selling bonds maturing in November 2024 at an average yield of 2.06%, central bank data showed.
Romania Listed In 2021 Brand Finance Global 500 Ranking With Lenders Banca Transilvania, BRD
Romania is present in 2021 edition of the global ranking of 500 most valuable banking brands, compiled by Brand Finance, with two financial institutions, namely, Banca Transilvania, which cl...
Romania Raised RON995M from General Population Bonds in January
Romania's government raised RON995 million selling bonds to the general population in January 2021, the biggest monthly amount investors subscribed since the start of the program.
Mortgage Loans Up 10% in 2020
Mortgage loan volume went up by more than 9.8% or RON8 billion to RON89 billion lei year-on-year in 2020, and lenders offset the decline in consumer loans with the higher sales for buying a...
CEC Bank Launches Personal Loan With Fixed Interest Rate Of 10.4%/Year
Romanian state-owned lender CEC Bank is launching a personal loan with a fixed interest rate of 10.40% per year, which can be contracted exclusively online, without making any trips to the b...
Deloitte: Banking Sector Consolidation in CEE Expected to Increase
Romania was one of the busiest markets in Central and Eastern Europe in terms of banking sector mergers and acquisitions, with three transactions in 2020, according to the Deloitte CEE Banki...