Banks-Insurance
Romania Raises RON968M Selling Oct 2023 Bonds at 3.07% Average Yield
Romania's finance ministry on Thursday raised 968 million lei (EUR198.6 million), versus a RON700 million target, selling bonds maturing in October 2023 at an average yield of 3.07%, central...
Mandatory Private Pension Funds Assets Reach RON69.82B End-September
The seven private pension funds operating the mandatory segment in Romania, known as Pillar II, had assets totaling RON69.82 billion at the end of September, up 12.67% since the beginning of...
ING Group’s Bucharest Software Development Center Reaches 1.000 Employees; Seeks To Continue Hiring In Coming Months
The software development center of Dutch ING Group in capital Bucharest has reached 1,000 employees after hiring 200 IT experts in 2020, and plans to continue hiring in the coming months.
Blue Air Gets RON300M Loan From Eximbank To Compensate Pandemic-Related Loss
State-owned Eximbank will grant a loan of RON300.8 million to low-cost private airline Blue Air to compensate for the losses directly caused by the coronavirus pandemic, through a government...
Mortgage Loans in Lei Rise to More Than RON1.2B YoY in August
Romanians borrowed more than 1.2 billion lei in mortgage loans from banks in August, the third highest level in the first eight months of 2020 and 3.6% more than in August 2019.
Romania Raises RON324.7M Selling October 2034 Bonds at 3.93% Average Yield
Romania's finance ministry on Monday raised 324.7 million lei (EUR66.6 million), versus a RON300 million target, selling bonds maturing in October 2034 at an average yield of 3.93%, central...
Romania Raises RON675M Selling March 2022 Bonds at 2.9% Average Yield
Romania's finance ministry on Monday raised 675 million lei (EUR138.55 million) selling government bonds maturing in March 2022 at an average yield of 2.9% a year, central bank data showed.
Central Bank OKs Pedro Weiss’ Appointment As Independent Member Of Raiffeisen Bank Supervisory Bank
Romania’s central bank has approved the appointment of Pedro Miguel Weiss as independent member of the Supervisory Board of lender Raiffeisen Bank.
NN Enters Home Insurance Market in Romania
NN Romania, the leading life insurer and private pension fund manager in Romania, will expand its portfolio into home insurance starting October, the company announced Friday.