Banks-Insurance
EBRD Announces New EUR10M Loan For Romania’s Agricover
The European Bank for Reconstruction and Development (EBRD) has announced a new loan, worth EUR10 million, for Romania’s leading distributor of agricultural technologies Agricover, to meet g...
Patria Bank Profit Grows 2% in Jan-Sept, to RON5.98M
Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), reported Tuesday a net profit of RON5.98 million for the first nine months of 2020, up 2% on the year...
Mandatory Private Pension Funds’ Assets Overshoot RON70B Mark, A Record High Since 2008
The seven pension funds operating on the Romanian mandatory segment, known as Pillar II, had total assets of RON70.2 billion at the end of October 2020, up 13% since the beginning of 2020 an...
Romania Raises RON342.5M Selling Oct 2034 Bonds at 3.65% Average Yield
Romania's finance ministry on Monday raised 342.5 million lei (EUR70.3 million), out of RON400 million planned, selling bonds maturing in October 2034 at an average yield of 3.65%, central b...
Investors Bought RON0.5B Worth of Govt Bonds in First Week
Individual investors bought RON500 million worth of Fidelis government bonds for the general population in the first week of the offer running until November 27, brokers' data showed.
Banca Transilvania Net Profit Drops 35% YoY To RON901M In Jan-Sept 2020
Romanian lender Banca Transilvania (BT.RO) ended the first nine months of 2020 with a net profit of RON901 million, down 35% on the year, and operating income of RON2.8 billion, down 1.3% on...
Central Bank Sees Inflation Dropping Further in Short Term
Romania's central bank expects inflation to drop further in the short term before rising again and remaining close to 2.5%, it said in a detailed statement following Thursday's monetary poli...
Romania Raises RON500M Selling June 2026 Bonds at 3.01% Average Yield
Romania's finance ministry on Thursday raised a planned 500 million lei (EUR102.7 million) selling a new issue of bonds maturing in June 2026 at an average yield of 3.01% and a cut-off yield...
Romanian Central Bank Keeps Key Rate at 1.5%, Eases FX Reserve Requirements
Romania's central bank on Thursday decided to keep its benchmark interest rate unchanged at 1.5% a year, but lowered minimum reserve requirements on foreign currency liabilities to 5% from 6...