Banks-Insurance
SIF Banat-Crisana Proposes Its Shareholders Two Options On 2019 Net Profit Distribution
The Board of Directors of Romanian regional investment fund SIF Banat-Crișana (SIF1.RO) has submitted to shareholders’ approval two options for the distribution of its 2019 net profit worth...
Three-Month Money Market Rate Drops Sharply After Surprise Rate Cut
Romania's three-month ROBOR index, the three-month interbank interest rate used as a reference to calculate interests for consumer loans in lei, dropped to 2.61% a year Monday from 3.24% Fri...
Medlife Seeks to Raise and Extend Syndicated Loan Facility to EUR110M
Medlife,the leader of the private medical services market in Romania, seeks to raise a syndicated loan facility contracted in September 2019 to EUR110 million from EUR90 million and to exten...
Romania Central Bank Cuts Key Rate To 2% A Year Amid Coronavirus Crisis
Romania’s central bank BNR on Friday decided to lower its main monetary policy rate by 0.50 percentage points to 2% a year from 2.5% a year currently, starting March 23, 2020, amid the coron...
Three-Month Money Market Rate Flat At 3.30% A Year On March 20
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate interests for consumer loans in lei, stayed put at 3.30% a year on Friday (March 20), after gr...
BRD– Groupe Société Générale Donates RON1.7M For Medical Equipment, Covid-19 Tests, Disinfectants
BRD– Groupe Société Générale has donated RON1.7 million for the health sector, namely, for medical protection equipment, Covid-19 tests, disinfectants and medical devices needed in hospitals...
Three-Month Money Market Rate Keeps Going Up, Reaches 3.24% A Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate interests for consumer loans in lei, has kept its upward trend, rising to 3.24% a year on Thur...
BNR To Ensure Uninterrupted Cash Flows For All Operations Amid Coronavirus Crisis
Romania’s central bank has announced it would ensure uninterrupted cash flows for all operations and said it fully supported all steps taken by banks to assist individuals and companies affe...
Banca Transilvania Seeks To Buy Back Maximum 5 Million Shares Worth Up To RON20M
Banca Transilvania (TLV.RO), the largest lender on the Romanian market, said Wednesday in a stock market announcement that it plans to buy back a maxim 5 million of its own shares, worth up...