Banks-Insurance
NNDKP Assisted AAylex One With EUR20M Financing Provided By CEC Bank And Alpha Bank Romania
Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted AAylex One, one of the leading players in the Romanian food industry and the producer of the Cocorico brand, in connection with...
New Tezaur Treasury Bills to Be Available Starting Monday, August 12
Romania Finance Ministry is launching new Tezaur treasury bills starting Monday, August 12.
Luminita Runcan Appointed CEO Of OTP Bank Romania
Banca Transilvania (stock symbol: TLV), the largest bank in Romania by assets, on Thursday informed the local capital market about the changes in the executive management structure of BT, na...
Finance Ministry Raises RON1B From Banks On August 8
Romania's Finance Ministry has raised RON1.08 billion from banks on Thursday (August 8), selling benchmark bonds, which is double the planned amount of RON500 million, at an annual average y...
European Central Bank And Romania's Central Bank Renew Arrangement Until January 31, 2025
The European Central Bank (ECB) and the National Bank of Romania (NBR) have agreed to renew a framework arrangement to provide euro liquidity to the latter via a repo line.
Three-Month ROBOR Plunges To 5.59%/Year On Aug 8 From 5.80% On Aug 7 After Central Bank Cuts Key Rate
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, decreased to 5.59% a year on Th...
Romanian Central Bank Cuts Key Rate To 6.50% A Year From 6.75% A Year
Romania's central bank has decided at its Board meeting on Wednesday (August 7) to lower its benchmark interest rate to 6.50% a year from 6.75% a year, starting August 8.
European Investment Fund Provides Up To EUR35M Guarantees To Intesa Sanpaolo Bank For Romania SME Funding
Intesa Sanpaolo Bank, the Romanian subsidiary of Intesa Sanpaolo Group, the leading banking group in Italy, has concluded a partnership with the European Investment Fund (EIF) that guarantee...
Finance Ministry Raises Nearly RON1.54B From Banks Via Two Bond Issues On August 5
Romania's Finance Ministry raised RON1.54 billion from banks on Monday (August 5), selling government paper in two auctions, at annual average yields of 5.80% and 6.27%, respectively.