Banks-Insurance
Three-Month ROBOR Continues to Rise, Reaches 5.87%/Year
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, as well as for companies lei-de...
Bank Deposits Near RON602B in October, Up 9.8% YOY
Household and company loans in October totaled RON601.9 billion, up 9.8% from the same period of last year (4.9% in real terms), after local currency deposits went up by 13.1% and foreign cu...
Romania Private Lending Accelerates Further to 8.9% in October
Private lending increased by 8.9% in October against the same period of 2023, to a total of RON416 billion, after local currency loans rose by 11.7% and foreign currency ones advanced by 3%,...
Fitch Ratings Upgrades Romanian Garanti To 'BB'; Outlook Stable
International rating agency Fitch Ratings has upgraded Garanti Bank S.A.'s (GBR) Long Term Issuer Default Rating (IDR) to 'BB' from 'BB-'. and the Outlook is Stable.
Exim Banca Romaneasca Shareholders Approve Management Team For Next Four Years
The shareholders of Exim Banca Romaneasca have approved on Monday (Nov 25) the bank's management team for the next four years.
Romania Rejects All Bids For April 2028 Bonds
Romania's finance ministry on Monday (Nov 25) rejected all bids for government bonds maturing in April 2028, as it deemed the bid price unacceptable, central bank data showed.
UniCredit Bank Completes RON750M Bond Issue, Its Largest In Romania
UniCredit Bank announced successful completion of a new leu-denominated corporate (senior, unsecured ) bond issue due in five years, with a fixed coupon payable annually of 7.67%.
tbi bank Signs Partnership Deal With DAW Management Broker Enabling Romanian Clients To Buy Insurance Via BNPL Solution
tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker DAW Management, whereby customers can buy insurance, including auto liability in...
CEC Bank Successfully Closes A New Bond Issue Worth EUR300M On International Markets
CEC Bank has successfully closed a new bond issue worth EUR300 million on international markets, through a issue of Senior Non- preferred MREL Eligible Notes.