Banks-Insurance
Romania Private Lending Grows 0.8% on Month in July
Private lending in Romania grew 0.8% in both nominal and real terms in July compared with June, to RON272 billion, central bank data showed Tuesday.
New Mortgage Loans in Lei Down 17% to RON0.9B in June
June lowered Romanians’ appetite for mortgage loans. New mortgage lending in lei went down compared with the previous months of 2020 and with the year-ago month.
Corporate Lending in Lei Rebounds in June
Banks in Romania granted 2.3 billion lei in new loans to companies in June 2020, more than in April and May, when lending fell due to the lockdown caused by the COVID-19 pandemic.
SIF Oltenia Repays RON29M Loan to Banca Transilvania
Romanian regional investment fund SIF Oltenia (SIF5.RO) said Thursday it has repaid early a RON30 million loan from Banca Transilvania that was due in December 2020.
ING Bank Triples Guarantee Cap for SME Invest Lending Program
ING Bank Romania has requested additional guarantee funding for loans under the government-backed SME Invest program for businesses after approving a high volume of loans and has tripled its...
Three-Month Money Market Rate Drops To 1.98% After 4 Days Of Stagnation
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 dropped to 1.98% a...
Consumer Lending in Lei Rebounds in June
The summer rekindled Romanians’ appetite for consumer loans, so new consumer loans in lei rose to 1.49 billion lei in June, higher than in April and May, when lending recorded a significant...
Patria Bank Net Profit Soars 70% YoY To RON4.8M In 1H/2020
Patria Bank (PBK.RO) on Tuesday said its net profit grew 70% on the year to RON4.8 million and its banking income fell 8% on the year to RON76 million in the first half of 2020, in the conte...
Romania Raises RON124.5M Selling Sept 2031 Bonds at 4.19% Average Yield
Romania's finance ministry on Monday raised 124.5 million lei (EUR25.7 million) versus its RON200 million target selling bonds maturing in September 2031 at an average yield of 4.19%, centra...