Banks-Insurance
VIG’s Insurers In Romania Generated More Than EUR900M Gross Written Premiums In 2024, Up 25% On 2023
Insurance companies in Romania that are part of Vienna Insurance Group (VIG), i.e., Omniasig, Asirom and BCR Asigurari de Viata, saw gross written premiums of more than EUR900 million at the...
Republic Of Moldova’s EnergBank CEO Andrei Stamatian Cleared To Join Libra Bank’s Board Of Directors
Andrei Stamatian, CEO of Republic of Moldova’s EnergBank, has received approval from Romania’s central bank to become a member of the Board of Directors of Libra Bank, replacing entrepreneur...
Salt Bank Expects to Overshoot RON3B Asset Mark at End-2025
Salt Bank, the first 100% digital Romanian bank, has already reached assets of above RON1 billion and expects to go beyond RON3 billion at yearend.
Finance Ministry Raises RON2B From Banks Via Two Bond Issues On March 10
Romania's Finance Ministry raised RON2.02 billion from banks on Monday (March 10), selling government paper in two auctions, at annual average yields of 6.64% and 7.39%, respectively.
Finance Ministry Raises RON1.9B From Banks Via Two Bond Issues On March 6
Romania's Finance Ministry raised RON1.9 billion from banks on Thursday (March 6), selling government paper in two auctions, at annual average yields of 7.29% and 7.65%, respectively.
Libra Internet Bank Grants EUR10M Financing For Development Of Alenia Botanic Park Residential Project In Western Romania
Libra Internet has granted financing of over EUR10 million for the development of the Alenia Botanic Park residential project in Romania's western city of Timisoara, carried out by Botanic L...
Vista Bank Romania Acquires Alpha Leasing Romania IFN And Alpha Insurance Brokers
Vista Bank has announced on March 3 the agreement with Alpha Bank S.A. and Alpha International Holdings S.MS.A. 100% subsidiaries of Alpha Services and Holdings S.A., for the acquisition of...
Banca Transilvania Announces Successful Completion of Merger with OTP Bank Romania
Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the wake of which it has reached a 23% market s...
Banca Transilvania Reports RON4.7B Net Profit for 2024 at Group Level, Up 59% YOY
Banca Transilvania, Romania’s largest lending institution, for 2024 reported RON4.7 billion net consolidated profit, up 59% from 2023, while assets climbed by 22% to RON207 billion.