Banks-Insurance
Patria Bank Posts RON2.4M Loss in 1Q/2020
Romanian lender Patria Bank (PBK.RO) on Monday reported a net loss of RON2.4 million for the first quarter of 2020, 6% wider than in the same period last years, citing Covid-19 impact and no...
Raiffeisen Bank Net Profit Falls 21% YoY To RON140M I 1Q/2020
Raiffeisen Bank reported a net profit of RON140 million in the first quarter of 2020, down 21% on the year, according to financial data presented in a video conference by Raiffeisen Bank Vic...
Banca Transilvania’s Andrei Radulescu Most Optimistic Economist About Romania’s Economy
Interest rates will remain at all-time lows and borrowing costs for Romania, although not dropping into negative territory, will tend towards eurozone levels. Under the circumstances, this i...
Raiffeisen Bank Corporate Bonds To Start Trading On Bucharest Stock Exchange May 14
The subordinated non-guaranteed corporate bonds, denominated in lei, issued by lender Raiffeisen Bank (RBRO29), will start trading on the Bucharest Stock Exchange (BVB) on Thursday, May 15,...
Rent-A-Car Company Autonom Revises Buying Plans for Its Fleet
Autonom, the largest Romanian entrepreneurial business on the operating leasing and rent-a-car markets, has revised its car buying plan for its rent-a-car fleet this year due to the COVID-19...
ARB: Banks In Romania Donated Over RON23.5M To Hospitals Since Start Of COVID-19 Pandemic
Banks on the local market have donated over RON23.5 million for purchases of medical equipment and devices for over 220 hospitals from the start of the COVID-19 pandemic until present, accor...
Alpha Bank Replaces ATM Network With New Generation Of ATM Terminals To Enable Around The Clock Operations
Alpha Bank Romania has started a process of extending its self-service functions by replacing its automated teller machine (ATM) equipment with a new generation of ATM terminals enabling cus...
Non-Bank Financial Institutions Get One-Year Deferral on IFRS Implementation
Romania's National Committee for Macroprudential Oversight has postponed for one year the obligation for non-bank financial institutions to switch to international financial reporting standa...
Romania Raises RON817M Selling July 2025 Bonds at 3.82% Yield
Romania's finance ministry on Monday raised 817 million lei (EUR169 million) selling bonds maturing in July 2025 at an average yield of 3.82%, central bank data showed.