Corporate Lending Up to RON3.9B in October, 14-Year Monthly Peak
12.16.2020
Banks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level of the year in October as well as the highest monthly level in 14 years.
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Three-Month ROBOR Ends June 13-17 Week At 6.17% Threshold 06.17.2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Allianz-Tiriac Gross Underwritings Double YoY To RON820M In 1Q/2022 06.16.2022
Insurance company Allianz-Ţiriac ended the first quarter of 2022 with underwritten gross premiums of almost RON820 million, more than twofold the... more
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Three-Month ROBOR Grows To 6.17% On June 16 06.16.2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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BCR To List New Green Bond Issue Worth RON702M On Bucharest Stock Exchange 06.15.2022
Banca Comerciala Romana (BCR), the second largest lender in Romania by assets, is launching a new issue of green bonds. more
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TBI Bank Ends Q1 with EUR10.2M Profit 06.14.2022
TBI Bank, which has operations in Romania, Bulgaria, Germany and Lithuania, posted EUR10.2 million net profit in the first quarter of 2022, 40%... more
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Banca Transilvania CEO Omer Tetik Sells 1M Shares on Bucharest Stoc Exchange 06.10.2022
Omer Tetik, CEO of Banca Transilvania (TLV.RO), Romania's largest bank by assets, sold one million shares in the lender on June 7, 2022, according... more
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Impact Developer & Contractor Gets EUR20M Loan from Alpha Bank 06.10.2022
Real estate developer Impact Developer & Contractor (IMP.RO) has notified shareholders of the signing of a working capital loan agreement, under... more
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Raiffeisen Bank Raises RON525M Via Green Bond Issue 06.10.2022
Raiffeisen Bank, one of the largest lenders in Romania, on Friday said it raised RON525 million from stock market investors through an issue of... more
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IMF Urges Romanian Govt To Take Reform Measures And Boost Taxes 06.10.2022
The International Monetary Fund (IMF) warned the Romanian government that it must take fiscal measures and reform and boost taxes in order to... more
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Three-Month ROBOR Ends June 6-10 Week At 6.15% Threshold 06.10.2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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SIF Oltenia Seeks to Exit Eximbank Following Approval of Merger with Banca Romaneasca 06.10.2022
SIF Oltenia (SIF5.RO), as a shareholder holding 4,364,430 shares or 3.270% of Romania’s export and import bank EximBank, on Thursday expressed... more
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BCR’s RON702M Worth Of Green Bonds Start Trading On Bucharest Stock Exchange On June 9 06.09.2022
The green bonds of Banca Comerciala Romana (BCR), the second largest lender in Romania by assets, started trading on the Main Market of the... more
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Three-Month ROBOR Keeps Upward Trend; Spikes To 6.13% Threshold 06.09.2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Banca Transilvania to Pay RON800M Dividends on June 16 06.08.2022
Banca Transilvania (TLV.RO), the largest lender in Romania by assets, has notified its shareholders that June 16 is the pay date for the dividends... more
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Life Insurer Aegon Romania Ends 2021 With RON153M Gross Written Premiums 06.08.2022
Life insurance company Aegon Romania, part of international financial group Aegon, ended 2021 with gross written premiums of RON153.4 milion, an... more
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Three-Month ROBOR Jumps To 6.07% Threshold 06.07.2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Alpha Bank Romania Joins IMM Prod, Garant Construct, Rural Invest And Innovation Programs 06.06.2022
Alpha Bank Romania joins the four new governmental programs whose main priorities are to dynamize local production, support constructions,... more
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Three-Month ROBOR Spikes To 6.05% Threshold 06.06.2022
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Raiffeisen – UniCredit Consortium Grants EUR65.2M Syndicated Loan To Portugal’s Greenvolt Group 06.03.2022
A consortium made up of Raiffeisen Bank International, Raiffeisen Bank Romania and UniCredit Bank Romania has granted a syndicated loan of EUR65.2... more
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Tiberiu Mavrodin Proposed To Take Over As Executive Board Chairman Of CEC Bank 06.03.2022
Tiberiu Mavrodin, a member of the Board of Directors of state-run lender CEC Bank, was proposed to take over as Chairman of the Board and replace... more
Real estate investments in Romania neared EUR900 million in 2021, with over a third of the amount transacted being recorded in the last
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The Romanian equity of Germany’s group Metro is valued at EUR225 million, in line with data presented in a company report.
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One United Properties (ONE.RO), one of the leading green developers of residential, mixed-use and office real estate in Romania, has
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House prices per square meter in Romania are undervalued by almost 30% compared to house prices on other real estate markets in Europe,
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Five new companies listed on the Bucharest Stock Exchange will be included in the FTSE Russell index series dedicated to Emerging
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Bistrita-based Datacor plans to develop greenfield-type photovoltaic projects in Transylvania, with total 50MW capacity, as the system
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CTP, the biggest developer and manager of industrial and logistics space in Romania, has over 270,000 square meters under construction
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Ford’s assembly facility in Craiova has produced one million vehicles between 2009 and 2021, in the amount of EUR18 billion, of which
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Poland’s group CCC is bringing in Romania in 2022 the HalfPrice brand, which will operate on the fashion outlet segment, according to
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What Chances Do Romanian Entrepreneurial Companies Stand to Become “Multinationals of the East”?
A rising number of companies, not just from the tech field, are exporting their business model abroad, gaining new markets and strengthening their operations, acting as genuine “multinationals” of the East. Is this concept functional at present and can it be used in any field?