Banks-Insurance
Number of Romanians Investing via Revolut almost Doubles in 2024
Digital bank Revolut, with more than 4 million clients in Romania, has presented the main tendencies in terms of investments in 2024, with the number of Romanians investing via the app risin...
Finance Ministry Raises RON1.1B From Banks Via Two Bond Issues On Jan. 13
Romania's Finance Ministry raised RON1.1 billion from banks on Monday (Jan.13), selling government paper in two auctions, at annual average yields of 6.65% and 7.70%, respectively.
ING Bank Expects Romania's Central Bank To Keep Key Rate At 6.50% At Its January 15 Meeting
ING Bank expects the National Bank of Romania to keep the key rate at 6.50% at the upcoming January 15 meeting, given persistent inflationary risks, the bank said in a report on Monday (Janu...
Filip & Company Assisted Credit Europe Bank Romania in Cross-Border Merger with Credit Europe Bank N.V.
Law firm Filip & Company legally assisted Credit Europe Bank Romania in the cross-border merger through absorption with the parent company, Credit Europe Bank N.V. of Netherlands.
Finance Ministry Raises Interest On Tezaur T-Bills
The Finance Ministry is launching a new session for buying Tezaur T-bills on Monday, January 13, with one-, three- and five-year maturities and annual interests of 7%, 7.5% and 7.8%.
Government Raises “Medium Term Notes” Program Ceiling By EUR15B To EUR90B
The “Medium Term Notes” government paper issue framework program will continue with a higher value, RON90 billion, instead of the previous RON75 billion, and the increase will allow covering...
Finance Ministry Raises RON1.28B From Banks Via Two Bond Issues On Jan 9
Romania's Finance Ministry raised RON1.28 billion from banks on Thursday (Jan 9), selling government paper in two auctions, at annual average yields of 7.09% and 7.39%, respectively.
Credit Europe Bank Romania Completes Merger with Parent Bank Credit Europe Bank N.V. of Netherlands
Credit Europe Bank has completed the merger process with the Dutch parent bank Credit Europe Bank N.V. and starting January 1 operates in Romania as a branch of the Dutch bank, under the nam...
Romania Forex Reserves Rise To EUR62.13B In December 2024
Romania's foreign exchange reserves stood at EUR62.13 billion at the end of 2024, an increase of 4% on the RON59.7 billion at the end of 2023, Romania’s central bank announced on Friday (Jan...