Banks-Insurance
Central Bank, Financial Watchdog May Request Listed Banks To Put Off Dividend Distribution or Share Buyback Until Jan 1, 2021
Romania’s National Committee for Macroprudential Oversight (CNSM) recommends the country’s central bank BNR and the Financial Supervisory Authority (ASF) to request financial institutions un...
Private Pension Assets in Romania Grow 17.5% in 1Q/2020
The assets managed by private pension funds (Pillar II and Pillar III) reached RON62.55 billion (EUR12.96 billion) in the first quarter of 2020, up 17.56% compared with the first quarter of...
Central Bank Governor: Developments In Public Health Continue To Generate Unprecedented Uncertainty And Major Risks
Developments in public health continue to generate unprecedented uncertainty and major risks to the outlook for economic activity and to financial market functioning, with an impact on macro...
Transgaz, Banca Transilvania Conclude RON300M Lending Agreement
Romania's natural gas transmission company Transgaz (TGN.RO) on Thursday signed with lender Banca Transilvania a "contract of reusable loan facilities and of issuance of guarantee letters" w...
Eurolife FFH Posts 149% Higher Gross Underwritings Via Brokers, 295% Higher Via Bancassurance In 1H/2020
Eurolife FFH, which operates in Romania the companies Eurolife FFH Asigurari de Viata and Eurolife FFH Asigurari Generale, reported increases on most business segments-brokers, bancassurance...
NN Group to Enter Romanian General Insurance Market by Year-End
Dutch-owned NN Group, which operates life insurance company NN Asigurari de Viata and pension fund administrator NN Pensii in Romania, has received financial regulator clearance to enter the...
Bankers Cautiously Optimistic about Economic Recovery
The turning point of the pandemic crisis has passed and bankers remain cautiously optimistic about economic recovery, willing to grant loans and take calculated risks. The banking system exp...
BT Capital Partners&Banca Transilvania, BCR, BRD To Sell Bonds To General Population As Of July 15
Romania’s Finance Ministry on Tuesday said BT Capital Partners&Banca Transilvania, BCR and BRD will put up for sale, starting July 15, 2020, leu-denominated bonds and, for the first time, eu...
Uniqa Posts 2% Growth on General Insurance in Jan-May, Life Insurance Down 11%
Uniqa Asigurari, the Romanian general insurance company of Austrian group Uniqa, registered 1.7% annual growth in underwritings in January-May, while life insurance company Uniqa Asigurari d...