Banks-Insurance
Banca Transilvania Posts RON3.9B Consolidated Net Profit In Jan-Sep 2024
Banca Transilvania (TLV.RO), the largest lender in Romania, posted RON3.9 billion consolidated net profit in January-September, an increase of 70% on the year-ago period, while operating inc...
Romania's Central Bank Further Keeps Key Rate Steady At 6.5% a Year
Romania's central bank has decided at its Board meeting on Friday (Nov 8, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024.
Finance Ministry Raises RON1.09B From Banks Via Two Bond Issues On Nov 7
Romania's Finance Ministry raised RON1.09 billion from banks on Thursday (Nov 6), selling government paper in two auctions, at annual average yields of 5.94% and 6.79%, respectively.
tbi bank: Romanians Set To Spend At Least RON500 This Black Friday
Over half (53%) of Romanians plan to go shopping this Black Friday, but, while most of them are set to spend at least RON500, the value is comparable to or even lower than in 2023 for 72% of...
Moldova’s Maib Reports Net Profit of almost EUR57M for Jan-Sept 2024, Up 11% YOY
Republic of Moldova’s largest lender Maib ended the first nine months of 2024 with net profit worth MDL 1,095 million, the equivalent of EUR56.9 million, up 10.9% from the year-earlier perio...
Law Firm Clifford Chance Badea Assisted Alpha Bank Group in Sale of Majority Stake in Alpha Bank Romania to UniCredit
Law firm Clifford Chance Badea has assisted Alpha Bank Group and Alpha Bank Romania S.A. with regard to all the aspects of Romanian law for the sale of 90.1% in Alpha Bank Romania S.A. to Un...
Finance Ministry Raises RON500M From Banks On Nov 4
Romania's Finance Ministry raised RON500 million from banks on Monday (Nov 4), selling government paper at an annual average yield of 6.04%.
UniCredit Completes Alpha Bank Romania Acquisition
UniCredit S.p.A. (“UniCredit”) and Alpha Services and Holdings S.A. (“Alpha”) announce that after securing all the necessary approvals from the relevant authorities and completing the due di...
Signal Iduna Asigurare Reasigurare Buys Majority Stake In Garanta Asigurari
Signal Iduna Asigurare Reasigurare, the leader of the local health insurance market, announces the signing of an agreement for the acquisition of a majority stake in the company Garanta Asi...