Banks-Insurance
Survey: Two In Three Romanians Use Different Kinds Of Banking Products And Services
Two in three Romanians (67%) use different kinds of banking products and services, such as current accounts, cards, loans, deposits and make payments, per a survey regarding Romanians’ perce...
Romania Raises RON1.5B Selling June 2026 Bonds at 2.38% Average Yield
Romania's finance ministry on Thursday raised 1.5 billion lei (EUR307.7 million) selling bonds maturing in June 2026 at an average yield of 2.38%, central bank data showed.
UniCredit Bank Sees Romania's GDP Growing 3.7% in 2021
Romania's economy is expected to recover to pre-pandemic levels around mid-2022, with 3.7% economic growth in 2021 and 5% growth in 2022 after an estimated contraction of 5.5% in 2020, UniCr...
Financial Watchdog Seeks To Apply Unitary Approach For Stock Market, Insurance, Private Pension Sectors
Romania’s Financial Supervisory Authority (ASF) plans to implement a unitary approach for the management of the stock market, insurance and private pension sectors, through the coordination...
Allianz Risk Barometer: Covid-19 Trio Tops Global Business Risks
Business interruption, pandemic outbreak and cyber incidents are the top three business risks globally for 2021, all strongly interlinked, according to the latest Allianz Risk Barometer surv...
Romania Raises RON801.7M Selling Sept 2031 Bonds at 3.09% Average Yield
Romania's finance ministry on Monday raised 801.7 million lei (EUR164.5 million), versus its RON500 million target, selling bonds maturing in September 2031 at an average yield of 3.09%, cen...
Three-Month Money Market Rate Plunges To 1.59% After Central Bank Cuts Key Rate To Record Low Of 1.25%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, plunged to 1.59% a year on Mon...
NN Pensii Invested in eMag Owner Prosus, Payment Processor, Pharmaceutical Company in Q3, 2020
NN Pensii, the largest Pillar II pension fund in Romania, bought into Prosus, which owns eMAG, the largest online retailer in Romania, with 127 million lei and invested RON97 million in Fren...
UK Entities Providing Banking, Payment Services In Romania Need Romania Central Bank's Authorization To Continue Local Activity
The activity of entities from the United Kingdom, including those authorized in Gibraltar, which notified the provision of banking, payment and electronic money services in Romania, through...