The deposit set up with CEC Bank, in the amount of RON100 million, carries an interest rate of 9.60% per annum.
On Sept 15, Nuclearelectrica had total deposits worth RON736.7 million placed with CEC Bank.
The second term deposit placed by Nuclearelectrica with Banca Romaneasca on Thursday, is worth RON100 million and carries an interest rate of 9.60% per annum. The maturity date is March 15, 2023.
In total, the deposits made by Nuclearelectrica with Banca Romaneasca amount to RON767.91 million.
Considering that each deposit exceeds 5% of the value of SNN’s net assets, as well as 10% of the net turnover related to the last annual financial statement, the company is obliged by law to report them.
Nuclearelectrica is 82.5% held by the Romanian State and has a market value of RON13.5 billion.
The company ended the first half of 2022 with a net profit of RON1.2 billion, up 216% on the year, and revenue of RON3.1 billion, up 127% on the year, of which revenue from the sale of electricity totaled RON3 billion, up 130% year-over-year, as per data from the company’s half-year financial report.