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European Investment Fund Signs Agreements with Seven Local Banks for Total Guarantees of almost EUR500M for SME Funding
Banks-Insurance

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...

Cristina Bellu · 23.10.2024 · 10:27 · 1 min
Romania Banks Granted RON114B Worth of Loans to Households and Companies in Jan-Aug 2024, Up 28%
Banks-Insurance

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...

Roxana Dumitru Rosu - Mediafax · 21.10.2024 · 11:35 · 1 min
Romania Banking System Rakes in Record High RON7.5B Profit in H1/2024
Banks-Insurance

Romania Banking System Rakes in Record High RON7.5B Profit in H1/2024

The still high interest rates and sustained lending helped Romania’s banking system reach a record high net profit f RON7.5 billion in the first half of 2024, up around 10% from H1/2023 one.

Claudia Medrega · 21.08.2024 · 09:46 · 1 min
Finance Ministry Raises Nearly RON961M From Banks Via Two Bond Issues On April 29
Banks-Insurance

Finance Ministry Raises Nearly RON961M From Banks Via Two Bond Issues On April 29

Romania's Finance Ministry raised RON961 million from banks on Monday (April 29), selling government paper in two auctions, at annual average yields of 6.14% and 6.57%, respectively.

Ecaterina Craciun · 29.04.2024 · 19:25 · 1 min
Banks In Romania Granted RON140B Worth Of New Loans To Households And Companies In 2023, Up 10.4% YoY
Banks-Insurance

Banks In Romania Granted RON140B Worth Of New Loans To Households And Companies In 2023, Up 10.4% YoY

New loans granted by banks in Romania to households and companies amounted to RON140 billion in 2023, which translates into an increase of 10.4% compared to the volume of new loans accessed...

Ecaterina Craciun · 14.03.2024 · 01:57 · 3 min
Finance Ministry Raises RON1.5B From Banks Via Two Bond Issues On December 11
Banks-Insurance

Finance Ministry Raises RON1.5B From Banks Via Two Bond Issues On December 11

Romania's Finance Ministry raised RON1.5 billion from banks on Monday (December 11), selling government paper in two auctions, at annual average yields of 6.72% and 6.68%, respectively.

Ecaterina Craciun · 11.12.2023 · 17:32 · 1 min
Finance Ministry Raises RON1.09B From Banks On October 26
Banks-Insurance

Finance Ministry Raises RON1.09B From Banks On October 26

Romania's Finance Ministry raised RON1.09 billion from banks on Thursday (October 26), selling government paper in two auctions, at annual average yields of 6.65% and 7.18%.

Ecaterina Craciun · 26.10.2023 · 17:05 · 1 min
European Investment Fund And Five Romanian Banks Team Up To Support SMEs For Sustainable Growth
Banks-Insurance

European Investment Fund And Five Romanian Banks Team Up To Support SMEs For Sustainable Growth

The European Investment Fund (EIF) has signed agreements with five banks to support Romania’s small and medium-sized enterprises (SMEs).

Ecaterina Craciun · 25.10.2023 · 22:59 · 2 min
Romania's Antitrust Body Conducts Unannounced Inspections At Several Bank Offices
Banks-Insurance

Romania's Antitrust Body Conducts Unannounced Inspections At Several Bank Offices

Romania’s Competition Council carried out unannounced inspections at the premises of several commercial banks suspected of having colluded to set loan interest rates, according to sources on...

Ecaterina Craciun · 07.09.2023 · 20:14 · 1 min