Banks-Insurance
Romanian Marius Dorner Gets Promoted To Citi’s Global Head Of Network Origination
Marius Dorner has been promoted to a global role inside world banking giant Citi, Global Head of Network Origination. He is one of the Romanians with the most spectacular rises inside a worl...
Romania Bank Deposits Up 6.8% in April YOY To RON629.5B
Population and company deposits in April 2025 reached a total of RON629.5 billion, up 6.8% from the year-earlier period (1.8% in real terms), after local currency deposits rose by 5.7% and f...
Finance Ministry Raises RON846M From Banks On May 26
Romania's Finance Ministry raised RON846 million from banks on Monday (May 26), selling government paper, at an annual average yield of 7.23%.
CFA Romania: Economic Confidence Plunges To Post-Pandemic Low in April
Economic confidence nosedived in April among managers, by 10.6 percentage points, to 33.3 points, the lowest level since the pandemic onset, in line with CFA Romania Association’s Macroecono...
Finance Ministry Raises RON323 Million From Banks On May 22
Romania's Finance Ministry raised RON323 million from banks on Thursday (May 22), by reopening a discount treasury certificate issue, RON177 million lower than the value of the issue accordi...
Romania Public Debt Quickly Approaches RON1,000B
Romania’s public debt continues to climb and is rapidly nearing RON1,000 billion, in the context where it reached RON990.8 billion at the end of February and a weight of 56.3% in GDP, in lin...
BRD Soc Gen Distributes RON737M Dividends From 2024 Profit
BRD Soc Gen (stock symbol: BRD), one of the largest banks in Romania, held by France's Société Générale, is distributing dividends from its 2024 profit, on Thursday (May 22), following the s...
PAID Romania Increases Share Capital To RON193M
Romania’s Natural Disaster Insurance Pool (PAID Romania) announces completion of a new share capital increase approved by the Financial Supervisory Authority. As a result of the operation, t...
EBRD Invests EUR76M In Logistics Space Developer VGP’s Green Bonds
The European Bank for Reconstruction and Development (EBRD) has successfully subscribed to a EUR76 million ticket as part of the existing green bond program of VGP, a pan-European provider o...