Banks-Insurance
Central Bank: Budget Deficit Can't Be Adjusted Brutally
Romania's major macroeconomic challenge starting 2021 is adjusting its budget deficit and macroeconomic imbalances as international markets are unlikely to accept large deficits for years to...
AFI Europe Gets EUR170M Loan From Consortium Of Banks To Acquire NEPI’s Romanian Office Portfolio
AFI Europe Group has received a EUR170 million financing from a consortium of banks made up of Erste Bank Group, pbb Deutsche Pfandbriefbank and Banca Comerciala Romana with a view to acquir...
Allianz Tiriac Funds Fall Below 5% Holding Level In Banca Transilvania
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, said Monday in a stock market report that the investment funds of Allianz Țiriac have dropped below the 5% holding level...
Bucharest, Cluj and Timis – Top Three Counties by Volume of Retail Loans
Bucharest, including Ilfov County, stands out with the highest stock of loans at the end of July 2020, some 53 billion lei, almost 7% more than in the year-ago period, Romania’s central bank...
Banca Transilvania To Grant RON700M Loans Via New Home Program
Romanian Lender Banca Transilvania (TLV.RO) has started to grant loans under the New Home subsidized mortgage lending program, aiming for a total amount of RON700 million.
TBI Bank Posts 16% Lower Consolidated Net Profit, Of EUR8.2M, In 1H/2020
TBI Bank, part of 4Finance Group, with operations in Romania, Bulgaria, Germania, Sweden and Poland, ended the first half of 2020 with a consolidated net profit of EUR8.2 million, down 16% o...
Three-Month Money Market Rate Drops For Third Consecutive Day, Down To 1.96%
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, dropped to 1.96% a year on Wed...
Romaero Shareholders OK RON59.9M Loan Contraction From CEC Bank
Shareholders of Romanian aircraft parts maker Romaero (RORX.RO) on Tuesday approved a decision to contract some credit facilities from lender CEC Bank within a maximum ceiling of RON59.9 mil...
Three-Month Money Market Rate Sees Decline For Second Consecutive Day
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, dropped to 1.97% a year on Tue...