Banks-Insurance
Finance Ministry Raises RON990M From Banks On Oct 21
Romania's Finance Ministry raised RON990 million from banks on Monday (Oct 21, 2024) selling benchmark bonds, above the planned amount of RON500 million, at an annual average yield of 6.54%.
Romania Banks Granted RON114B Worth of Loans to Households and Companies in Jan-Aug 2024, Up 28%
Banks in Romania granted households and companies loans totally worth almost RON114 billion in January-August period, 28% more than in the same period of 2023, in line with data provided by...
KPMG Assisted Token Payment Services In Getting Greenlight From Romania's Central Bank As Payment Institution
An integrated team of lawyers and advisors from law firm KPMG Legal – Toncescu si Asociații and KPMG Advisory, acted as consultant in the process during which Token Payment Services (TOKEN)...
Finance Ministry Raises RON511M From Banks On Oct 17, 2024
Romania's Finance Ministry raised RON511.3 million from banks on Thursday (Oct 17, 2024) selling benchmark bonds, above the planned amount of RON400 million, at an annual average yield of 6....
Romania Banking System is More Profitable, Solvent and with Higher Liquidity Than EU Average
The Romanian banking system is undergoing a favorable period from the perspective of the main financial and prudential indicators, as it continues to boast solvency, profitability and balanc...
Banca Transilvania’s Acquisition Of OTP Asset Management Completed
The acquisition by Banca Transilvania (TLV.RO), the largest lender in Romania, of OTP Asset management, part of the OTP Bank Romania acquisition, has been completed after having been recentl...
Bittnet Signs Loan Agreement With ING
Technology group Bittnet (BNET.RO) has notified the Bucharest Stock Exchange that one of its companies, Dendrio Solutions, signed a loan agreement with ING Bank.
UniCredit: Romania Got Only EUR200M In NRRP Funds In 2024
Romania got EUR9.4 billion in NRRP funds between 2021 and the third quarter of 2024 or 33% of its allotment via this EU program. Estimates for 2024 point to EUR200 million disbursements or 0...
ING Bank: Romania Could Be Among Top Ten Economies In EU In 10 Years
Romania’s economy could double in the next ten years, so the GDP would reach EUR700 billion, with an average growth rate of 3% to 3.5% a year and a similar average inflation. This is one of...