Banks-Insurance
Transilvania Nuts Gets EUR2.3M Working Capital Loan From BRD Groupe Société Générale
Transilvania Nuts, a walnut kernel processor controlled by Levente Bara and Alexandru Chiric, has contracted a loan of EUR2.3 million from lender BRD Groupe Société Générale to cover the com...
Three-Month Money Market Rate Keeps Upward Trend, Reaches 2.07%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.07% a year on Monday (September 28).
Three-Month Money Market Rate Grows For Fourth Consecutive Day, Up To 2.04%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, grew to 2.04% a year on Friday (September 25).
New Mortgage Loans in Lei Up to RON1.29B in July
Romanians took out almost 1.29 billion worth of new mortgage loans in lei in July, the highest level in seven months, and also 5% higher than in July 2019.
Three-Month Money Market Rate Grows For Third Consecutive Day, Up To 2.02%
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, grew to 2.02% a year on Thursd...
Patria Bank Seeks To Sell Bonds Worth At Least EUR3M
Lender Patria Bank (PBK.RO) said in a stock market report Wednesday that it plans to sell subordinated bonds, with a minimum value of EUR3 million and a maximum value of EUR5 million.
Romania Private Lending Grows 0.9% on Month in August
Private lending in Romania grew 0.9% in both nominal and real terms in August compared with July, to RON274.49 billion, central bank data showed Wednesday.
Romanian Central Bank Supervisory Board Gets New Management
The supervisory board within the Romanian central bank will have new management as of October 1, with Adrian Cosmescu as board chairman and Nicolae Catalin Davidescu as deputy chairman.
Antitrust Body Clears BRD, Raiffeisen To Join Shareholding Structure Of CIT ONE
Romania’s Competition Council has approved a transaction whereby BRD – Groupe Société Générale SA (BRD) and Raiffeisen Bank SA join the shareholding structure of CIT One SRL, together with B...