Banks-Insurance
Garanti BBVA And European Investment Fund Team Up To Offer EUR30M In Guarantees To Support Romanian Companies
Garanti BBVA and the European Investment Fund (EIF) have signed an agreement to provide guarantees of minimum EUR30 million to enhance competitiveness and sustainability of Romanian companie...
Romania Forex Reserves Shrink To EUR62.8B In October 2024
Romania's foreign exchange reserves shrank by EUR2.93 billion to EUR62.8 billion in October 2024, from EUR65.77 billion at the end of September, Romania’s central bank announced on Friday (N...
BCR Reports RON2.21B Net Profit in Jan-Sept 2024, Up 30.6% YOY
Banca Comerciala Romana (BCR), controlled by Austria’s Erste Group, in the first nine months of 2024 registered net profit worth RON2.21 billion (EUR446 million), up 30.6% from the year-earl...
BRD 9M 2024 Profit Down almost 11% To RON1.06B
BRD-SocGen, the fourth largest bank in Romania by assets, in the first nine months of 2024 raked in RON1.06 billion net profit, down almost 11% from the same period of 2023.
Raiffeisen Bank Reports RON1.26B Profit for Jan-Sept 2024, Slightly Down from Jan-Sept 2023
Raiffeisen Bank, the local subsidiary of the Austrian group of the same name and the sixth largest bank in Romania by assets, generated RON1.26 billion profit in the first nine months of 202...
Romgaz Seeks To Extend RON500M Loan Facility From Banca Comerciala Romana
The Board of Directors of natural gas producer and supplier Romgaz (stock symbol: SNG) has announced in a stock market report on Oct 24 that it has called the ordinary general meeting of sha...
Finance Ministry Raises RON346M From Banks On Oct 24
Romania's Finance Ministry raised RON346 million from banks on Thursday (Oct 24), selling discount treasury bills (T-bills) due in 2025, at an annual average yield of 5.89%.
Romania Private Lending Speeds Up to 8.4% in September
Romania private lending went up by 8.4% in September 2024 against September 2023, to a total of RON413.2 billion, central bank data showed on Wednesday, October 23, 2024.
European Investment Fund Signs Agreements with Seven Local Banks for Total Guarantees of almost EUR500M for SME Funding
The European Investment Fund (EIF) has sealed agreements with UniCredit Bank, Alpha Bank, Libra Internet Bank, BRD Groupe Société Générale, Patria Bank, Intesa Sanpaolo Bank and Garanti BBVA...