Banks-Insurance
Dentons Romania Appoints Simona Marin As Head Of Banking & Finance Practice
Law firm Dentons on Monday said it has promoted Partner Simona Marin as Head of its Banking and Finance practice in Bucharest, leading a team of 16 lawyers, including three partners and thre...
Pillar II Funds Assets Grow to RON64.6B in May
The seven pension funds operating on the mandatory segment known as Pillar II had total assets of RON64.6 billion at the end of May, RON2.7 billion higher compare with end-April, data from t...
Romania Seeks to Double Loan Cap Under Subsidized Mortgage Lending Program
Romania's government plans to revamp the First Home subsidized mortgage lending program by raising the loan ceiling for new builds to EUR140,000, double compared with the current EUR70,000.
DB Global Technology Turnover Grows 4%, to RON272M in 2019
DB Global Technology, Deutsche Bank's tech center in Bucharest, posted a turnover of RON272.1 million in 2019, up 4% on the year, finance ministry data showed.
Bucsa, UniCredit: Increase In Guarantee Ceiling For First Home Program Will Certainly Boost House Prices
Increasing the maximum guarantee ceiling within Romania's subsidized mortgage lending program for first time homebuyers will trigger price increases on the real estate market, stated Dan Buc...
Romania Raises RON205M Selling Oct 2030 Bonds at 4.26% Average Yield
Romania's finance ministry on Thursday raised just 205 million lei (EUR42.3 million) from its RON300 million target selling a new issue of bonds maturing in October 2030 at an average yield...
Sanador Invests EUR3M in Robotic Surgery Assistance
Sanador, the fourth largest player on the Romanian private medical services market, has invested EUR3 million borrowed from BRD in a computerized system meant to assist surgeries.
Valerie Marcelle Villafranca Gets Romania Central Bank Approval To Join BRD Board Of Directors
Romania’s central bank has approved the nomination of Valerie Marcelle Paule Villafranca as Member of the Board of Directors of BRD-SocGen.
Blidar Sells Majority Stake in Banca Feroviara
Valer Blidar, owner of Astra Vagoane, one of the largest rolling stock makers in Romania, said Wednesday he has sold his 63% stake in lender Banca Feroviara to Olimpiu Balas, owner of softwa...