Banks-Insurance
Euroins Romania Gross Underwritings Grow 4% YoY To Nearly RON1B In Jan-Sept 2020
Insurance company Euroins Romania, held by Bulgarian Eurohold Group, reported gross underwritings of 402 million Bulgarian levs (nearly RON1 billion) in January-September 2020, 4% higher tha...
Romania Rejects All Bids for Oct 2034 Bonds
Romania's finance ministry on Monday rejected all bids at a tender where it planned to raise 300 million lei (EUR61.5 million) selling bonds maturing in October 2034, central bank data showe...
Exim Bank US President in Romania Monday to Discuss Energy Projects Financing
President and Chairwoman of Exim Bank US Kimberley Reed will arrive in Bucharest Monday to discuss the agreement between the bank and the Romanian government for the financing of energy and...
Groupama, Uniqa Asigurari, Uniqa Asigurari de Viata, PAID Set Up Romanian Employers Association In Insurance Industry
Insurance companies Groupama Asigurari, Uniqa Asigurari, Uniqa Asigurari de Viata and the Pool of Insurance against Natural Disasters (PAID) Romania have established the Romanian Employers A...
Romania Raises RON500M Selling Oct 2030 Bonds at 3.34% Average Yield
Romania's finance ministry on Thursday raised a planned RON500 million (EUR102.6 million) selling bonds maturing in October 2030 at an average yield of 3.34% a year, central bank data showed...
Law Firm RTPR Assisted Dutch Insurer Aegon On Sale Of Its Romanian Operations To VIG
Lawyers of RTPR law firm assisted insurer Aegon in the sale of its Romanian operations to Austria’s Vienna Insurance Group (VIG), as part of a regional transaction worth a total EUR830 milli...
Romania Raises RON7.9B and EUR2.5B in November
Romania's finance ministry raised RON7.86 billion selling bonds on the domestic market in November, 55.4% above plan, plus EUR2.5 billion from international markets.
VIG Strengthens Position in Romania After Buying Local Operations of Rival Aegon
Insurer Vienna Insurance Group (VIG), which operates in Romania via Omniasig, Asirom and BCR Asigurari de Viata, will increase its share of more than one fifth of the local market, following...
Investors Bought RON2.7B Worth of Govt Bonds in November Program
Individual investors bought RON2.7 billion million worth of Fidelis government bonds for the general population in the three-week subscription period ended Friday.