1 iun 2018

Banks have increased their stock of mortgage loans by almost 35% in the past year, which drove the home-buying loans to 42 billion lei (EUR9 billion) at the end of April 2018. more

31 mai 2018

Romania’s banking system reaped the rewards of the rise in inflation and interbank rates in the first quarter, so all major players posted significant growth of 8% to 22% of the net interest income more

15 mai 2018

Germany’s Allianz wants to strengthen position in the Central and Eastern Europe including Romania, where it is currently looking at four or five potential targets on the general and life insurance more

1 mai 2018

Romanians are using the credit cards for shopping more often, which drove the transactions and the number of credit cards up at a double-digit rate in 2017. more

23 apr 2018

The foreign shareholders of the non-bank financial institutions (NBFI) in Romania were the main actors involved in capital increases in the first quarter, contributing EUR21.1 million to the capital more

16 mar 2018

The Ergo group, one of Germany’s largest insurers, is discussing exit from Romania seven years after arriving on this market. The exit is part of a regional deal that includes several countries in more

21 feb 2018

Romanians made 63 billion lei (EUR13.5 billion) payments by card in stores and online in 2017, almost double as much as two years ago, ZF has found from Romania’s central bank data. more

14 feb 2018

Bankers are in no hurry to raise the interests of leu deposits despite Romania’s central bank having raised the key rate twice this year and inflation becoming more and more pressing. more

19 ian 2018

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10 ian 2018

Growth opportunities for local insurers this year will come from small and medium-sized companies, an insufficiently tapped segment, and the from the retail segment, says Mihai Tecau, CEO of Omniasig, more

19 dec 2017

Local companies are not ready to cope with interest raises and more than half of the companies with ongoing leu and euro loans will be significantly affected by a potential increase of the leu and more

13 dec 2017

Allianz-Tiriac, the second largest insurer in Romania after City Insurance, will end the year with 1.2 billion to 1.3 billion lei (EUR259 million to EUR280 million) gross written premiums, the same as more

29 nov 2017

Demand for homes and leu-denominated mortgage loans has gone up in the last few months of this year and in October banks granted 970 million lei (EUR209 million) loans so the stock of loans reached more

23 nov 2017

Today’s economy looks significantly better than it did in 1999, as most indicators strengthened in the past nineteen years. The gross domestic product went up more than five-fold from EUR33.5 more

17 nov 2017

The five largest banks in Romania by assets posted more than 3 billion lei (EUR647 million) profit in the first nine months of this year, about 2% higher than in the year-ago period, according to the more

13 nov 2017

The talks between Banca Transilvania and Greek-held Eurobank group, Bancpost owner, are close to completion, with the parties now going through the final steps before the signing of the deal, Banca more

3 nov 2017

Insurance companies and the public opinion should discuss more about optional insurance, be it general or life insurance and less about auto liability insurance (RCA), if they want to see the Romanian more

16 oct 2017

The rise in home prices is making people rush to take out loans they will not be able to repay; the increase in the ROBOR rate may trigger a new wave of overdue loans, Romania’s central bank warns. more

28 sep 2017

Interbank leu rates rose for the third time in a row on Wednesday, and the three-month ROBOR, which is used to set the interest rates for the loans of most Romanians, reached 1.25%, the highest in two more

27 sep 2017

Auto liability insurance (RCA), a market of about 4 billion lei (EUR870 million) a year, is now dominated by three companies, which account for more than 70% of it. This is the highest level of more

13 iul 2017

The banks in Romania have become the most profitable in Europe, as the return on equity (ROE) reached 15.6% at the end of the first quarter, double the European average, statistics of the European more

6 iul 2017

Romania’s banking system is in good shape in terms of financial indicators but in a major crisis of disconnect from the real economy and customers, consultants say. more

5 iul 2017

After cleaning up their balance sheets of the non-performing loans that piled up during the crisis and the return to profit, Romanian banking sectors is entering a new phase when the focus will be on more

4 iul 2017

The ranking by assets of banks in Romania did not see significant changes last year, as the major top ten lenders kept their positions except for one. more

28 iun 2017

The top ten ranking of local banks that account for almost 83% of the local assets, has seen significant changes in the past decade, as lenders with a lower market share in 2007 have grown fast while more