Banks-Insurance
Romania Raises RON1B Selling Nov 2024 Bonds at 2.6% Average Yield
Romania's finance ministry on Monday raised 1 billion lei (EUR205.37 million), versus its RON700 million target, selling bonds maturing in November 2024 at an average yield of 2.6%, central...
Romania Banking System Posts Some RON4.5B Net Profit In Jan-Sept 2020, Down Over 10% Vs 2019
Romania’s banking system, 34 lenders in all, registered a net profit of nearly RON4.5 billion in January-September 2020, down over 10% compared with 2019, central bank preliminary data show.
Number of Insurance Contracts Grows 4% To Nearly 16.2 Million In Jan-Sept 2020
Insurers in Romania recorded some 16.2 million policies at the end of the first nine months of 2020, 4% more than in the same period in 2019, data from Romania's financial watchdog ASF showe...
Romania Sells Three New Bond Issues to General Population in January 2021
Romania's government will start selling three new bond issues for the general population starting January 4, 2021, the finance ministry announced Wednesday.
Romania Raises RON984.5M Selling Oct 2023 Bonds at 2.54% Average Yield
Romania's finance ministry on Wednesday raised 984.5 million lei (EUR202 million), versus its RON700 million target, selling bonds maturing in October 2023 at an average yield of 2.54%, cent...
Romania Raises RON979.4M Selling Jan 2028 Bonds at 2.88% Average Yield
Romania's finance ministry on Monday raised 979.4 million lei (EUR201.2 million) selling treasury bonds maturing in January 2028 at an average yield of 2.88%, central bank data showed.
UniCredit Consumer Financing Gets EUR15M EBRD Loan to Fund Energy Efficiency Projects
The European Bank for Reconstruction and Development (EBRD) and the International Cooperation and Development Fund (TaiwanICDF) are providing financing of up to EUR15 million to UniCredit Co...
ASF: Romania Insurance Market Posts 4.8% Higher Gross Underwritings, Of RON8.5B, In Jan-Sept 2020
Romania’s insurance market registered underwritten gross premiums of over RON8.5 billion in January-September 2020, approximately 4.8% higher than the level reported in the same period in 20...
Paper Manufacturer Pehart Tec Gets EUR51M Syndicated Loan
Paper manufacturer Pehart Tec Group held by private equity firm Abris Capital, will get a EUR51 million syndicated loan and plans to use some of it for the development of its plants in Petre...