Banks-Insurance
Romania Private Lending Up 9.4% in February 2025 YOY To RON420B
Romania private lending in February 2025 rose by 9.4% from the year-earlier period, to a total amount of RON420 billion, after local currency loans advanced by 11.3% and foreign currency one...
UniCredit Bank Romania Shareholders Approve Merger With Alpha Bank Romania, RON135M Capital Increase
UniCredit Bank Romania, held by the Italian group by the same name, called the shareholders for an extraordinary general meeting on March 24, to approve the merger project, i.e. is the merge...
Finance Ministry Raises RON2.1B From Banks On March 24
Romania's Finance Ministry raised RON2.18 billion from banks on Monday (March 17), selling benchmark bonds, at an annual average yield of 6.84%.
European Commission: CEC Bank’s RON1B Recapitalization Not State Aid
The European Commission has concluded that Romania’s EUR200 million (RON1 billion) recapitalization of fully state-owned CEC Bank does not constitute state aid within the meaning of the EU s...
Banca Transilvania Wants to Distribute RON1.6B Worth of Dividends from 2024 Profit
The shareholders of Banca Transilvania, Romania’s largest lending institution, will discuss in April the allocation of 2024 net profit, of over RON3.53 billion, of which around 45%, namely R...
UNIQA Asigurari And UNIQA Asigurari De Viata End 2024 With EUR144M Gross Written Premiums Together
UNIQA insurance companies in Romania, which are part of the Austrian group by the same name, ended 2024 with gross written premiums of EUR144 million, an increase of 20% on 2023. They also m...
Banca Transilvania Retains 3rd Position among World’s Most Powerful Banking Brands
Banca Transilvania has retained the third spot in the ranking of the world’s most powerful banking brands and climbed to the 255th position by value, put at $955 million, up 39% from 2024, i...
Second 2025 Fidelis Edition Starts Trading on Bucharest Stock Exchange
Romania Finance Ministry attracted over RON1.4bn and EUR168mn (values totaling over RON 2.2bn – EUR 452mn), through the second primary offer for the sale of government bonds for the retail i...
Moody’s Changes Raiffeisen Bank's Outlook From Stable To Negative On Long-Term Deposits And Senior Preferred Debt
Raiffeisen Bank S.A. (the Bank) has informed investors on March 19 that Moody’s Rating Agency affirmed Baa1 for the long term deposit rating and for the senior unsecured bond rating and Baa2...