Banks-Insurance
Damen Galati Shipyards Signs EUR25M Loan Agreement With Exim Banca Romaneasca
Damen Galati shipyard, controlled by The Netherland’s Damen, has signed a EUR25 million financing agreement with Exim Banca Romaneasca and plans to use the money for investments in expansion...
Finance Ministry Raises RON752M From Banks Via Two Bond Issues On Nov 21
Romania's Finance Ministry raised RON752 million from banks on Thursday (Nov 21), selling government paper in two auctions, at annual average yields of 6.34% and 7.16%, respectively.
BCR Partners Up With Softlead For SME Access To Technology And Funding
Banca Comerciala Romana (BCR) and Softlead, a marketplace in Romania that helps companies to choose the right software solution, based on their Digital DNA, have concluded a partnership whic...
Romania Banking System Boasts Record High RON11.5B Net Profit in 9M 2024
The still high interest rates and continued lending aided Romania banking sector generate an RON11.5 billion record high net profit in the first nine months of 2024, up around 10% from the g...
EIB Lends EUR200M To Romania's Delgaz Grid For Electricity System Upgrades
The European Investment Bank (EIB) is lending EUR200 million to Romanian energy distributor Delgaz Grid to upgrade the electricity network in Romania's northeastern region of Moldavia.
UniCredit Bank Lists RON750M Bond Issue On Bucharest Stock Exchange On November 20
A RON750 million bond issue of UniCredit Bank, part of Italy’s UniCredit Group, was registered with the Bucharest Stock Exchange on Wednesday, November 20. The issue (UCB29) is due in 2029.
Nuclearelectrica Makes RON478.8M Term Deposit With Exim Banca Romaneasca
Nuclear power producer Nuclearelectrica (SNN.RO) placed with Exim Banca Romaneasca a term deposit without extension in the amount of RON478.8 million, the company informed its shareholders a...
Fitch Upgrades Banca Transilvania To 'BBB-'; Outlook Stable
Fitch Ratings has upgraded Banca Transilvania S.A.'s (Transilvania) Long-Term Issuer Default Rating (IDR) to 'BBB-' from 'BB+' and Short-Term IDR to 'F3' from 'B'. The Outlook on the Long-Te...
tbi bank Posts EUR38M Net Profit In 9M 2024
tbi bank, which operates on several markets including Romania, ended the first nine months of 2024 with EUR38 million net profit, 34% higher than in the year-ago period, and operating income...