Banks-Insurance
Raiffeisen Bank Net Profit Grows 9% YoY To RON583M In Jan-Sept 2020
Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, ended the first nine months of 2020 with a net profit of RON583 million, up 9% on the year, and its total assets grew...
Romania Fidelis Bond Subscriptions Reach RON300M in 3 Days
Individual investors bought nearly RON300 million worth of Fidelis government bonds for the general population in the three days since the offer was launched.
Poland's Getin Holding Seeks to Sell Idea Bank Romania
Polish financial group Getin Holding has signed an agreement with the international investment bank Rothschild for financial advice on the potential sale of the subsidiary Idea Bank Romania,...
Alro Slatina Shareholders Name Eximbank As Coordinator Of Syndicate Of Banks For $235M Loan Agreement
Shareholders of Alro Slatina (ALR.RO), the largest aluminum producer in Romania, have decided at their general meeting of Nov 10 to name Banca Export-Import a Romaniei (Eximbank) as leader o...
Romania Raises RON923.9M Selling January 2028 Bonds at 3.04% Average Yield
Romania's finance ministry on Monday raised 923.9 million lei (EUR189.8 million), versus RON600 million planned, selling bonds maturing in January 2028 at an average yield of 3.04%, central...
Romania Raises RON400M Selling 6-Mo Bills at 2.32% Average Yield
Romania's finance ministry on Monday raised a planned 400 million lei (EUR82 million) selling treasury bills maturing in May 2021 at an average yield of 2.32%, central bank data showed.
OTP Bank Romania Consolidated Profit After Tax Drops 50.6% YoY To RON39M
OTP Bank Romania, the subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON39 million in the first nine months of 2020, down 50.6% year-over-yea...
Romania Launches Second Issue of Bonds in Lei and Euro for General Population
Romania's finance ministry returns to the capital market with three new issues of government bonds for retail investors, following the success of the public sale offer (IPO) conducted in Aug...
BRD Profit Falls 43% in Jan-Sept, to RON719M
BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, on Thursday reported a net profit of RON719 million, for the first nine months of 202, down 43% on the year...