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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Banca Comerciala Romana Coordinates Up To USD600M Syndicated Loan For Rompetrol
04.18.2023
KMG International Group has signed a new syndicated credit facility of USD531.8 million, with the possibility to be increased up to USD600 million. more
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Mariana Gheorghe No Longer Runs For A New Term In ING Group’s Supervisory Board
04.18.2023
Mariana Gheorghe will no longer run for a new term in the Supervisory Board of ING Group, therefore the Group has started the process of recruiting... more
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Finance Ministry Raises RON500M From Banks Selling Treasury Bills On April 13
04.13.2023
Romania's Finance Ministry raised RON500 million from banks on Thursday (April 13) selling treasury bills maturing in 2024, at an annual average... more
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Three-Month ROBOR Stays At 6.80% A Year
04.12.2023
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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ING Bank Romania Opens New Office In Brasov-Based Coresi Shopping Resort
04.12.2023
ING Bank Romania has inaugurated a new office in the Coresi Shopping Resort located in Brasov (central Romania). more
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NEPI Rockcastle Gets EUR200M Green Financing From Erste Group Bank AG And Raiffeisen Bank Romania
04.12.2023
Retail property developer NEPI Rockcastle has contracted green financing worth EUR200 million from Erste Group Bank AG and Raiffeisen Bank S.A. in... more
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Romania To Launch New Govt Bond Issues For General Population Via TEZAUR Program As Of April 12
04.11.2023
Romania’s finance ministry will be launching new government bond issues for the general population only, starting Thursday (April 12, 2023),... more
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Lidl Romania Continues Partnership With SIGNAL IDUNA For Health Insurance For Its 10,500 Employees
04.11.2023
German-held discount retailer Lidl Romania continues for the ninth consecutive year its partnership with insurance company SIGNAL IDUNA, offering... more
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Ionut Baciu Takes Over As Deputy General Manager At PAID Romania
04.11.2023
Ionut Baciu takes over the role of Natalia Man as the new deputy general manager of PAID (the Pool of Insurance against Natural Disasters) Romania... more
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Poland’s Ferro Group Borrows EUR15M from BRD
04.10.2023
Novaservis Ferro Group, the subsidiary of Poland’s sanitary ware and heating solutions provider Ferro Group, which has a regional presence in... more
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Finance Ministry Raises RON304.6M From Banks On April 10
04.10.2023
Romania's Finance Ministry raised RON304.6 million from banks on Monday (April 10) selling bonds maturing in October 2026, at an annual average... more
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NN Romania Appoints Catalin Vasile As New Chief Sales Officer
04.10.2023
NN Romania, one of the leading players on the life insurance and private pension market, announces the appointment of Catalin Vasile as Chief Sales... more
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Three-Month ROBOR Ends April 3-7 Week Slightly Lower, At 6.82% A Year
04.10.2023
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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Safety Broker Set to Be Owned by US-held Acrisure
04.05.2023
Poland’s Unilink is going to be taken over by global insurance and fintech broker Acrisure, meaning that after the deal Safety Broker, leader of... more
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Romanian Central Bank Keeps Key Rate Unchanged At 7% A Year
04.04.2023
Romania's central bank has decided at its board meeting on Tuesday (April 4) to keep its benchmark interest rate on hold at 7% a year. more
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Finance Ministry Raises RON600M From Banks On April 3
04.03.2023
Romania's Finance Ministry raised RON600 million from banks on Monday (April 3) selling bonds maturing in 2032, at an annual average yield of 7.39%. more
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Omniasig 2022 Underwritings Grow 30% YoY To Over RON2.1B
04.03.2023
Insurance company Omniasig, part of Austria’s Vienna Insurance Group (VIG), ended 2022 with underwritten gross premiums of over RON2.1 billion,... more
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Law firm Filip & Company Assists Victoriabank With Acquisition Of BCR Chisinau Unit
04.03.2023
Law firm Filip & Company has assisted Banca Comerciala Victoriabank S.A., one of the largest banks in the Republic of Moldova, on the conclusion of... more
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Romania Forex Reserves Grow To EUR53.2B On Month In March 2023
04.03.2023
Romania's foreign exchange reserves stood at EUR53.2 billion in March 2023, higher by EUR1.22 billion versus February 2023, central bank data... more
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Raiffeisen Bank Issues Second Tranche of Sustainability Bond Issue
03.31.2023
Raiffeisen Bank on March 31 issued non-preferred senior eligible bonds due on December 7, 2027, the second tranche of the series 6 issued on... more

The European Bank for Reconstruction and Development (EBRD) is lending EUR50 million to UniCredit Leasing Corporation to support micro,
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39% of respondents in Romania anticipate a significant drop in housing prices over the next six months, 27% expect a slight decrease,
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OMV Petrom, the largest integrated energy company in Southeast Europe, will build, in partnership with Complexul Energetic Oltenia (CE
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The European Commission (EC) sent letters of formal notice to Bulgaria, Ireland, Poland, and Romania for failing to notify their
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Romania has almost 142.000 employees in the local IT sector, of whom some 98,000 work in Bucharest, Cluj and Timis, according to Ziarul
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Fiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
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Banks’s profitability will remain subdued over the next year, because of an unprecedented mix of factors including Russia’s
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Romania’s Energy Ministry on Monday (Oct 10) signed the first nine contracts funded through the Modernization Fund, in the amount of
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.