Banks-Insurance
ING: Four in 10 Romanians Spent Less, Three in 10 Saved More in Lockdown
Approximately 46% of Romanians said they spent less during the coronavirus lockdown, above the EU average of 44%, and 31% said they saved more, similar to the EU average of 30%, according to...
Raiffeisen Bank Approves 1,000 Loans Worth RON500M Via IMM Invest Romania Program
Raiffeisen Bank has approved 1,000 loans through the IMM Invest government program, in the amount of RON500 million.
EBRD, EIB Grant EUR12.5M Financing To Romania’s Agricover Credit IFN
Agricover Credit IFN, a subsidiary of Agricover Holding, has received a financing of EUR12.5 million from the European Bank for Reconstruction and Development (EBRD) and the European Investm...
Lender BRCI Re-Enters Financial Retail Market
Romanian lender Banca Romana de Credite si Investitii (BRCI) is re-entering the financial retail market and opening its first new unit, in Galati.
Mediclim Gets EUR1M Loan From ING Bank To Equip, Commission Seven COVID-19 Testing Laboratories
ING Bank Romania has granted a loan of EUR1 million to laboratory equipment and reactors distributor Mediclim to enable the latter to equip and put into operation seven molecular biology lab...
Romania's Forex Reserves Drop to EUR35.002B in June
Romania's foreign exchange reserves dropped to EUR35.002 billion at the end of June from EUR35.646 billion at the end of May, central bank data showed Wednesday.
ING Bank Romania Cuts Mortgage Loan Interest Rate For Customers Opting For Downpayment Of At Least 25%
ING Bank Romania is launching an offer for mortgage loans for customers opting for a downpayment of at least 25%, offering them a 0.5% interest rate cut.
Romania Resumes Bond Sales to General Population
Romania's finance ministry is resuming its bond sale program to the general population Wednesday, July 1, with one, two, three and five-year maturities and interests of up to 4.75% a year.
Central Bank Sees Mounting Systemic Risks to Romania's Financial Stability
Two severe risks to Romania's financial stability are a rise in global uncertainty and fast deterioration of investor sentiment towards emerging economies and the worsening of domestic macro...