Banks-Insurance
Alpha Bank Set To Integrate Financial Investment Operations Of Brokerage Division Alpha Finance Romania
Alpha Bank Romania, part of Greek Alpha Bank Group, is set to integrate the financial investment operations provided by Alpha Finance Romania, a brokerage company on the capital market, Peri...
Romania Raises RON500M Selling Nov 2024 Bonds at 3.44% Average Yield
Romania's finance ministry on Thursday raised a planned 500 million lei (EUR103.4 million) selling bonds maturing in November 2024 at an average yield of 3.44%, central bank data showed.
Three-Month Money Market Rate Drops To 2.05% After Key Rate Cut
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei, fell to 2.05% a year Thursday, from 2.15% a year Wednesda...
Romanian Central Bank Lowers 2020 Inflation Forecast Slightly to 2.7%
Romania's central bank lowered its inflation forecast slightly to 2.7% for the end of 2020 from a previous projection 2.8%, while keeping the 2021 projection at 2.5%, according to the August...
Banks In Romania Grant New Loans Worth Over RON23.1B In March-June 2020
Banks in Romania granted new loans to households and companies worth over RON23.1 billion in March-June 2020, the first four months since the coronavirus outbreak, with the volume of new loa...
Romania Raises RON700M in July from Bond Sales to General Population
Romanians invested RON700 million throughout July in bond sales to the general population, the finance ministry said Tuesday.
Three-Month Money Market Rate Stays At 2.15% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before June 2019, remained unchanged at 2.15% a...
Raiffeisen Bank Finances 112 Local Startups with EUR4 M
Raiffeisen Bank has completed the third edition of a program in which it funds local startups regardless of field of activity and has accepted 112 businesses for financing with a maximum bud...
BRD Group Posts 47% Drop In Net Profit In 1H/2020, To RON415M
BRD Groupe Societe Generale (BRD.RO), the third largest bank in Romania by assets, said Monday its net profit plunged 47.2% on the year to RON415 million in the first half of 2020, compared...