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Tsvetanka Mintcheva Starts Term As Deputy CEO, Executive Board Member Of UniCredit Bank Romania
Banks-Insurance

Tsvetanka Mintcheva Starts Term As Deputy CEO, Executive Board Member Of UniCredit Bank Romania

Tsvetanka Mintcheva started her term as Deputy CEO and Executive Board member at UniCredit Bank Romania, after being appointed to the position by the bank’s Supervisory Board and receiving a...

Ecaterina Craciun · 23.07.2020 · 16:38 · 1 min
Romania Private Lending Grows 0.4% on Month in June
Banks-Insurance

Romania Private Lending Grows 0.4% on Month in June

Private lending in Romania grew 0.4% in nominal terms and 0.3% in real terms in June compared with May, to RON270.118 billion, central bank data showed Thursday.

Oana Gavrila · 23.07.2020 · 14:06 · 1 min
Libra Internet Bank Bonds Cleared to Trade on Bucharest Stock Market
Banks-Insurance

Libra Internet Bank Bonds Cleared to Trade on Bucharest Stock Market

Lender Libra Internet Bank has received financial watchdog approval for its bonds to be admitted to trading on the Bucharest Stock Exchange, the financial supervision authority said Wednesda...

Oana Gavrila · 22.07.2020 · 17:15 · 1 min
ING Survey: Half of Romanians Took Debt Out of Need in Recent Months
Banks-Insurance

ING Survey: Half of Romanians Took Debt Out of Need in Recent Months

In the face of the uncertainty imposed by coronavirus, awareness of discretionary debt has slightly increased, yet on average, a third do not recognize delayed payment options as debt, accor...

Oana Gavrila · 22.07.2020 · 14:17 · 1 min
Bucharest Stock Exchange Awards Top 2019 Performers
Capital Market

Bucharest Stock Exchange Awards Top 2019 Performers

The Bucharest Stock Exchange (BVB.RO) has given out 15 awards for the results achieved during the 2019 stock exchange year to the top performing listed companies, brokerage companies, privat...

Oana Gavrila · 21.07.2020 · 17:00 · 2 min
Financial Consulting Firm PCF Investment Banking Brokers EUR85M Transactions In 2020
Banks-Insurance

Financial Consulting Firm PCF Investment Banking Brokers EUR85M Transactions In 2020

PCF Investment Banking, a Romanian financial consulting company, has brokered transactions of over EUR85 million in 2020, keeping an increased pace of financial intermediation in the current...

Ecaterina Craciun · 21.07.2020 · 13:51 · 1 min
CEC Bank Announces EUR2.6M Investments In ATM, MFM Infrastructure Upgrades
Banks-Insurance

CEC Bank Announces EUR2.6M Investments In ATM, MFM Infrastructure Upgrades

Romanian state-owned lender CEC Bank, which has the most extended network in Romania, has announced the start of a multiannual program aimed at upgrading its automated teller machine (ATM) a...

Ecaterina Craciun · 21.07.2020 · 12:58 · 1 min
Romania Rejects All Bids for January 2028 Bonds
Banks-Insurance

Romania Rejects All Bids for January 2028 Bonds

Romania's finance ministry on Monday rejected all bids at a tender for bonds maturing in January 2028 in which it planned to raise 500 million lei (EUR103.2 million), central bank data showe...

Oana Gavrila · 20.07.2020 · 16:19 · 1 min
OTP Bank Romania Opens New Branch, In Pipera
Banks-Insurance

OTP Bank Romania Opens New Branch, In Pipera

OTP Bank Romania, the subsidiary of the largest banking group in Hungary, has announced the opening of a new a new cashless territorial unit, in Bucharest’s Pipera area, per data provided by...

Ecaterina Craciun · 20.07.2020 · 11:09 · 1 min