Banks-Insurance
Libra Bank Net Profit Halves To RON23.9M, Revenue Grows 8.12% To RON164.8M
Libra Internet Bank on Monday said its net profit saw a twofold decline on the year, to RON23.9 million, in the first half of 2020, and its total revenue grew 8.12% on the year to RON164.8 m...
Gothaer Asigurari Reaches RON62.7M Share Capital
Gothaer Asigurari, the Romanian division of German insurer Gothaer, has increased its share capital by RON2.9 million at the end of 2019, but it also operated a capital decrease of RON25 mil...
Three-Month Money Market Rate Stays Put At 1.99%
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, on Thursday stayed at 1.99%.
CEC Bank Appoints Mirela Calugareanu as Board Chairwoman
State-owned lender CEC Bank has appointed Mirela Calugareanu, a non-executive member of the board of directors since 2017, to the position of board chairwoman.
Allianz Tiriac Pension Funds Reach 5.01% Holding In Banca Transilvania
Pension funds managed by Allianz Țiriac have reached a holding of over 5% of the share capital of Banca Transilvania (TLV.RO), Romania’s largest lender by assets.
Romania Raises Over RON1.4B Selling 1-Year Bills and 5-Year Bonds
Romania's finance ministry on Thursday raised a planned RON400 million selling one-year treasury bills and a more than planned RON1.026 billion selling bonds maturing in July 2025, central b...
Libra Bank Lists EUR4M Bonds on Bucharest Stock Market
Lender Libra Internet Bank on Thursday listed EUR4.29 million worth of bonds on the Bucharest Stock Exchange Thursday under the ticker symbol LIBRA30E.
Omniasig Gross Underwritings Up 2% To Over RON600M, Gross Profit Soars 66% To Over RON35M In 1H/2020
Omniasig, the largest company in the local portfolio of Austria’s Vienna Insurance Group (VIG) and the biggest non-RCA insurer in Romania, ended the first half of 2020 with a volume of under...
Atelierele CFR Grivita Turnover Drops 15% To RON26.8M, Net Profit Threefold Lower To RON1.4M In 1H/2020
Rolling stock maker Atelierele CFR Grivita (ATRD.RO) reported a turnover of RON26.8 million in the first half of 202p, down 15% on the year, and a net profit of RON1.4 million, three times l...