Banks-Insurance
Finance Ministry Raises RON500M From Banks On Sept 30, 2024
Romania's Finance Ministry raised RON500 million from banks on Monday (Sept 30, 2024) selling benchmark bonds, higher by RON100 million than the planned amount of RON400 million, at an annua...
Filip & Company Assisted Banca Transilvania In Launching Sustainable Bond Issue
Law firm Filip & Company assisted Banca Transilvania with the launch of a sustainable bond issue, raising EUR700 million from international markets.
Installments of RON-Denominated Loans Contracted after 2019 Will Inch Up Starting October as IRCC Index Hits 5.99% Record High
Installments of RON-denominated loans taken out after 2019 will edge up starting October as loan reference index IRCC rose from 5.86% in July-September to 5.99%, the highest level since its...
CEC Bank Group Rakes in RON280M Net Profit in H1/2024
CEC Bank Group in the first half of this year generated RON279.8 million net profit, with the Bank’s net profit reaching RON269.5 million.
Banca Transilvania Raises EUR700M Via Bond Issue Maturing In 2030
Romanian lender Banca Transilvania (stock symbol: BT) has announced in a press statement that it sold EUR700 million in bonds on September 25, 2024, while investor demand exceeded EUR2.5 bil...
Finance Ministry Raises RON500M From Banks On Sept 26
Romania's Finance Ministry raised RON500 million from banks on Thursday (Sept 26), selling government paper at an annual average yield of 6.04%.
iBanFirst: Forecast For Romanian Leu And EUR/USD Exchange Rate In Q4/2024
The exchange rate has a short-term upward potential, with a target of RON5 to the euro, which is largely driven by lower bond yields, driving investors to put tactical bets on the euro in ho...
Romania’s Future Retirees Largest Investors In Banca Transilvania
Romania’s future retirees, that is about 8.3 million people contributing to Pillar II mandatory pension funds are the biggest investors of Banca Transilvania (TLV.RO), data aggregated by ZF...
Romania Private Lending Up 7.7% YoY to RON407B In August 2024
Private lending in Romania went up 7.7% to RON407.8 billion in August 2024 compared with August 2023, central bank data showed on Tuesday (Sept 23, 2024).