RAIFFEISEN BANK
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Raiffeisen Plans To Sell Bonds Of RON500M On Romanian Market
The management of Raiffeisen Bank Romania has received the approval of the parent bank to launch a bond issue in lei of up to 500 million lei with a maximum five-year maturity dedicated to t...
Raiffeisen CEO Says Bank Interested In Buying Cypriot Assets In Romania
The chief executive of Austrian Raiffeisen Bank International AG said Wednesday his bank is interested in acquiring the Romanian assets of Bank of Cyprus and Cyprus Popular Bank, refuting ea...
Romanian Depositors Move Savings To Larger Banks After Cyprus Bailout Deal
Unsettling details about the Cyprus bailout deal, which taxed large savings and saw the nation’s second-biggest bank dismantled, along fears that the terms might be applied to future rescue...
Raiffeisen Bank: Lenders Reluctant To Finance SMEs Because Collateral Is Worthless
Romanian banks cannot afford the risk to finance small and medium-sized companies, because collateral values depreciate very quickly in case of insolvency, the head of Raiffeisen Bank Romani...
Raiffeisen Bank Romania Has Two New Board Members
The surveillance Council of Raiffeisen Bank Romania named Mircea Busuioceanu, Chief Risk Officer and Bogdan Popa, Chief Financial Officer, as members of the Board of Directors, the bank’s pr...
Raiffeisen Sees Tougher Negotiations Between Romania, IMF Over Follow-up Deal
Romania should expect tougher negotiations at next year’s discussions for a follow-up agreement with the International Monetary Fund, considering that the general fiscal framework announced...
Raiffeisen Bank Romania 9-Month Net Profit Up 20.4% On Year, To EUR72M
Raiffeisen Bank Romania posted a 20.4% higher net profit at EUR72 million in January to September, from EUR60 million in the year-earlier period, Austria’s Raiffeisen Bank International AG s...
Raiffeisen Bank, CEB Sign EUR80M Deal For SME Financing
Raiffeisen Bank Romania, a unit of Austria’s Raiffeisen group, Monday said it has signed a EUR80 million loan agreement with the Council of Europe Development Bank (CEB) to finance small- an...
Fiscal Council Head: Romania Needs More FDI To Finance Current Account Gap
Romania must find solutions to divert more foreign capital toward financing the current account deficit, Ionut Dumitru, head of the country's Fiscal Council, said Thursday.