Banks-Insurance
BCR Group Rakes in RON2.76B Net Profit in 2024, Up 19.2% YOY
BCR group in 2024 generated net profit of RON2.76 billion (EUR556 million), up 19.2%, and operating income of RON6.09 billion (EUR1.22 billion), 15.6% above the 2023 level, driven by improve...
New Fidelis Edition: Romanians Can Buy Government Bonds In March 7-14 Period
Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors between March 7 and 14, 2025.
Finance Ministry Raises RON500M From Banks On Feb. 27
Romania's Finance Ministry raised RON500 million from banks on Thursday (Feb.27), selling government paper due in 2035 at annual average yields of 7.33%.
CEC Bank Receives European Commission’s Approval For Capital Increase
CEC Bank has received approval from the European Commission to increase its capital, while Exim Banca Romaneasca is still waiting for it, financial market sources say.
Romanians Can Buy TEZAUR Government Bonds Via Ghiseul.ro Platform For 1st Time, As Of March 10
Romanians everywhere who own debit cards and have accounts on www.ghiseul.ro online platform can purchase government bonds via the TEZAUR program online, starting Monday (March 10, 2025).
Transilvania Broker de Asigurare Reports RON107M Revenue, RON2.5M Net Profit For 2024
Insurance broker Transilvania Broker de Asigurare (TBK.RO) reported revenue of RON107 million for 2024, lower than RON111 million recorded in 2023, and net profit of RON2.5 million, down 67%...
Romania Private Lending Up 8.8% YOY in January 2025 to RON418B
Romania private lending in January 2025 rose by 8.8% from the year-earlier period, to RON418.6 billion, after local currency loans went up by 10.9% and foreign currency ones advanced by 4.1%...
Raiffeisen Bank Ends 2024 with RON1.67B Net Profit, over RON82B Assets
Raiffeisen Bank Romania, the sixth largest bank by assets, generated RON1.67 billion net profit in 2024, close to the 2023 level, while the bank’s assets rose by 17% to over RON82 billion.
Romania Banking System Rakes In Record High RON14.8B Profit in 2024
The still high interest rates and continued lending drove Romanian banking system profit to a record high of around RON14.8 billion in 2024, up 8% from 2023, in line with NBR data.