Banks-Insurance
EY Romania Launches 5th Edition of EY Entrepreneur Of The Year
EY Romania on Wednesday launched the fifth edition of EY Entrepreneur Of The Year, a program that seeks to discover visionary local entrepreneurs, agile leaders who innovatively address the...
ING Bank Enters Online Fashion Commerce With Marketplace Platform DealWise
ING Bank, the fourth largest lender in Romania by assets, has entered the online fashion commerce, by launching online shopping platform DealWise.
Romania Raises $3.3B Selling 10 and 30-Year Bonds
Romania's finance ministry on Tuesday raised $3.3 billion tapping international markets with US dollar-denominated 10 and 30-year bonds.
Romania Taps International Markets with 10 and 30-Year Bonds
Romania's finance ministry on Tuesday tapped international markets with two US dollar-denominated bond issues, maturing in 10 and 30 years, respectively.
Insurer CertAsig Formally Enters Bankruptcy
CertAsig, an insurance company held by Royalton Capital Investors II, has entered bankruptcy following a definitive court ruling.
Romania Raises RON977.6M Selling Oct 2023 Bonds at 3.5% Average Yield
Romania's finance ministry on Monday raised 977.6 million lei (EUR202 million), from a RON600 million target, selling bonds maturing in October 2023 at an average yield of 3.5% and maximum a...
World Bank Promotes Romania to High Income Group
The World Bank has reclassified Romania as a high-income country from the upper-middle income category after incorporating 2019 data.
Transgaz Seeks RON300M Working Capital Loan
Romania's natural gas transmission company Transgaz (TGN.RO) plans to borrow RON300 million for a two-year period to finance its working capital.
Romanian Households Reach Net Wealth of RON2,157B in 2019
Romanian households’ net wealth reached RON2.157 trillion (over EUR450 billion) at the end of 2019, with real estate assets accounting for 80%, central bank data showed.