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Finance Ministry Raises RON438M From Banks On July 24
Banks-Insurance

Finance Ministry Raises RON438M From Banks On July 24

Romania's Finance Ministry raised RON438.5 million from banks on Thursday (July 24), selling benchmark bonds, at an annual average yield of 7.12%.

Ecaterina Craciun · 24.07.2025 · 17:40 · 1 min
UniCredit Bank Romania Revenue Up 38% To EUR467 Million In Q1, 2025
Banks-Insurance

UniCredit Bank Romania Revenue Up 38% To EUR467 Million In Q1, 2025

Italy’s UniCredit Group posted EUR467 million revenue from Romanian operations in the first half of 2025, an increase of 38% and the net profit stood at EUR167 million.

Loredana Frățilă-Cristescu · 23.07.2025 · 23:25 · 1 min
Law Firm Clifford Chance Badea Assisted Alpha Bank in Completing Sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers To Vista Bank Romania
Banks-Insurance

Law Firm Clifford Chance Badea Assisted Alpha Bank in Completing Sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers To Vista Bank Romania

Law firm Clifford Chance Badea has assisted Alpha Bank and Alpha International Holdings in finalizing sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista Bank Romania.

Cristina Bellu · 22.07.2025 · 10:40 · 1 min
Three-Month ROBOR Starts Week Of July 21 At 6.7%
Banks-Insurance

Three-Month ROBOR Starts Week Of July 21 At 6.7%

The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies' leu-denomin...

Loredana Frățilă-Cristescu · 21.07.2025 · 23:39 · 1 min
Finance Ministry Raises RON800M From Banks On July 21
Banks-Insurance

Finance Ministry Raises RON800M From Banks On July 21

Romania's Finance Ministry raised RON800 million from banks on Monday (July 21), selling government paper, at an annual average yield of 7.31%.

Ecaterina Craciun · 21.07.2025 · 15:20 · 1 min
Patria Bank’s Majority Owner Considers Full Or Partial Sale Of Its Stake
Capital Market

Patria Bank’s Majority Owner Considers Full Or Partial Sale Of Its Stake

EEAF Financial Services, a Dutch special purpose vehicle backed by the European Bank for Reconstruction and Development (EBRD) and majority shareholder of Patria Bank, is looking into the po...

Loredana Frățilă-Cristescu · 18.07.2025 · 20:30 · 1 min
Scala Development Secures RON119M Financing From Libra Bank For Scala Sopor Residential Project In Cluj-Napoca
Real Estate

Scala Development Secures RON119M Financing From Libra Bank For Scala Sopor Residential Project In Cluj-Napoca

Libra Internet Bank has granted RON119 million financing to the company Scala Development for the Scala Sopor residential project developed in Romania's northwestern city of Cluj-Napoca

Ecaterina Craciun · 18.07.2025 · 13:33 · 1 min
Allianz-Tiriac: Over Two-Thirds Of Romanians Living Abroad Have No Insurance For The Houses And Cars Left In Romania
Banks-Insurance

Allianz-Tiriac: Over Two-Thirds Of Romanians Living Abroad Have No Insurance For The Houses And Cars Left In Romania

More than two-thirds (68.6%) of Romanians living abroad do not have any form of insurance in Romania, not even the mandatory home insurance, according to a nationwide online survey initiated...

Ecaterina Craciun · 17.07.2025 · 16:56 · 3 min
Token Payment Services Appoints Raluca Micu As Deputy General Manager
Banks-Insurance

Token Payment Services Appoints Raluca Micu As Deputy General Manager

TOKEN Payment Services (TOKEN), the fintech company that was authorized by Romania's national bank as an online payment institution, has appointed Raluca Micu to the position of Deputy Gener...

Ecaterina Craciun · 17.07.2025 · 16:09 · 1 min