Banks-Insurance
tbi bank Ends H1 2024 With EUR23.2M Net Profit
tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, ended the first half of 2024 with EUR23.2 million net profit, an in...
Finance Ministry Raises Nearly RON950M From Banks Via Two Bond Issues On Sept 2
Romania's Finance Ministry raised RON945.2 million from banks on Monday (Sept 2), selling government paper in two auctions, at annual average yields of 6.23% and 6.65%, respectively.
Romania Forex Reserves Shrink To EUR63.1B In August 2024
Romania's foreign exchange reserves decreased by EUR392 million over the course of August 2024, down to EUR63.1 billion at the end of the month, compared with EUR63.5 billion at the end of J...
Libra Internet Bank Ends H1/2024 with RON50M Net Profit, RON11.6B Total Assets
Libra Internet Bank, part of US investment group New Century Holdings (NCH), in the first half of 2024 registered RON149.5 million net profit, down from RON160.7 million in H1/2023.
Chimcomplex Calls Shareholders To Vote On Extension Of EUR40M Loan Facility From CEC Bank
The board of directors of chemical producer and supplier Chimcomplex Borzesti (CRC.RO) has called shareholders for September 30 to vote among others on the extension of a EUR40 million loan...
Allianz-Tiriac Asigurari Ends H1 2024 With Over RON1.8B Gross Written Premiums
Allianz-Tiriac Asigurari ended the first half of 2024 with gross written premiums of more than RON1.8 billion, 7.1% higher than in the year-ago period. Life insurance saw the fastest growth...
Salt Bank Sees RON31M Losses In H1 2024
Salt Bank, which has a EUR5 million bond issue with an 8.5% yearly yield and maturing on December 18, 2024 listed on the Bucharest Stock Exchange, posted RON31 million losses in the first ha...
ING Bank Romania Ends H1/2024 with 9.6% Higher Revenues; Gross Profit Down on Turnover Tax
ING Bank Romania saw its revenues rise 9.6% in the first half of 2024, to RON1.79 billion, supported by the rising number of clients and expansion of loan portfolio.
Revolut Gets Beyond 4 Million Retail Client Threshold in Romania
Revolut has gone beyond the 4 million retail client threshold in Romania, its top market in the EU by the number of active users, and the second largest, after the UK, globally.