Banks-Insurance
Consumer Loans Surge Nearly 47% To Over RON4B In Jan-Feb 2020, Reaching Ten-Year High
In the first two months of 2020, before the start of the coronavirus pandemic, Romanians took out new consumer loans in lei and euro worth over RON4 billion, higher by RON1.28 billion, or by...
Romania Will Need to Borrow at Least EUR26B in 2020
The coronavirus crisis has raised expenses and cut revenues to the state budget and Romania will need to borrow at least EUR26 billion to finance its budget deficit and external debt.
Romanian Central Bank Starts Buying Government Bonds
Romania's central bank has approved and started the acquisition of government bonds to help finance ballooning expenses prompted by the coronavirus crisis, a central bank official said Tuesd...
Omer Tetik, BT: Romania Can Use The Present Moment As An Opportunity To Relaunch Public Investments In Hospitals, Infrastructure
Romania can use the present moment as an opportunity to relaunch public investments in key fields, such as the healthcare system and the infrastructure, considering that the banking system h...
Romania Raises RON443.6M Selling Dec 2022 Bonds at 3.76% Average Yield
Romania's finance ministry on Monday raised 443.6 million lei (EUR91.84 million) selling bonds maturing in December 2022 at an average yield of 3.76%, central bank data showed.
Raiffeisen Bank Manager: 9-Month Loan Deferral Not a One-Size-Fits-All Solution
Catalin Munteanu, executive manager for individual customers at Raiffeisen Bank, said Mnday deferring loan installments for up to nine months is not a solution that fist any situation and cu...
Patria Bank OKs Issue Of 20,000 Bonds, Worth A Total EUR10M, Their Admission To Trading Via Tradeville
Shareholders of lender Patria Bank (PBK.RO) on Friday approved a decision to issue 20,000 unsecured, non-convertible and subordinated bonds, denominated in euro, with nominal value of EUR500...
ING Bank To Replace Its Own Support Scheme with Payment Moratorium Decree
Lender ING Bank will replace its own support scheme for customers seeking to postpone loan repayments with the government decree allowing deferrals of up to nine months, saying the decree of...
65% In Banca Transilvania Directly And Indirectly Owned By Romanian Investors
Romanian investors – retail investors, regional investment funds (SIF), private pension funds, own 65% in Banca Transilvania (TLV.RO), the data in the 2019 report of the lender’s board of di...