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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Romania’s Future Retirees Largest Investors In Banca Transilvania
09.24.2024
Romania’s future retirees, that is about 8.3 million people contributing to Pillar II mandatory pension funds are the biggest investors of Banca... more
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Romania Private Lending Up 7.7% YoY to RON407B In August 2024
09.24.2024
Private lending in Romania went up 7.7% to RON407.8 billion in August 2024 compared with August 2023, central bank data showed on Tuesday (Sept 23,... more
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Finance Ministry Raises RON667M From Banks On Sept 23, 2024
09.23.2024
Romania's Finance Ministry raised RON667 million from banks on Monday (Sept 23, 2024) selling benchmark bonds, above the planned amount of RON500... more
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CEO Omer Tetik Sells 95,000 Shares In Banca Transilvania On Bucharest Stock Exchange
09.20.2024
Omer Tetik, CEO of Romania's largest bank, Banca Transilvania (stock symbol: TLV), has reported to the Bucharest Stock Exchange the sale of some... more
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Romania Taps International Markets For EUR5B
09.19.2024
Romania's finance ministry raised EUR5 billion on Sept 19 by tapping international markets with two euro-denominated bond issues and one US... more
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Finance Ministry Raises RON599M From Banks On Sept 19
09.19.2024
Romania's Finance Ministry raised RON599 million from banks on Thursday (Sept 19), selling benchmark bonds, way above the planned amount of RON200... more
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Romania's Central Bank To Add Several New Currencies To Exchange Rates List As Of Sept 23
09.19.2024
Starting September 23, 2024, Romania's National Bank will add to the list of exchange rates the indicative quotations of the Romanian leu against... more
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22 Romanian Companies To Participate in Raiffeisen Bank Romania’s MoonShotX Project
09.19.2024
Raiffeisen Bank Romania has completed the selection process for MoonShotX project carried out in partnership with InnovX, via which the bank wants... more
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IMF Delegation Due to Visit Romania in Late Autumn
09.17.2024
A delegation of the International Monetary Fund (IMF) is set to come to Romania this autumn, representatives of the institution told ZF without... more
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Finance Ministry Raises RON500M From Banks On Sept 16
09.16.2024
Romania's Finance Ministry raised RON500 million from banks on Monday (Sept 16), selling government paper at an annual average yield of 6.48%. more
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Kearney: Romanian Clients Are Less Loyal To Traditional Banks Than Their European Peers
09.16.2024
More than two-thirds (73%) of European bank clients have kept their primary account at the same institution for five years or longer, but Romanian... more
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Finance Ministry Raises RON500M From Banks On Sept 12
09.12.2024
Romania's Finance Ministry raised RON500 million from banks on Thursday (Sept 12), selling government paper at an annual average yield of 6.78%. more
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BNR: Gold Reserve Steady at 103.6 Tons Since 2007
09.12.2024
Romania’s gold reserve has been steady in the past 17 years, at 103.6 tons, since 2007 until the present, of which 61.2 tons are deposited abroad... more
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Patria Bank Completes Takeover Of RON97M Loan Portfolio From Alior Bank
09.10.2024
Patria Bank (PBK.RO) announces completion of the implementation of the contract for the assignment of a RON97 milion (as of April 30) personal loan... more
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TopTech, Part Of Bittnet System Group, Increases Credit Line From BRD SocGen By RON4M
09.09.2024
Business solutions integrator TopTech, part of Bittnet System Group (stock symbol: BNET), has informed investors in a stock market report on Sept 9... more
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Romania Rejects All Bids For April 2028 Bonds
09.09.2024
Romania's finance ministry on Monday (Sept 9) rejected all bids for government bonds maturing in April 2028, as it deemed the bid price... more
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BCR Revises 2024 Economic Forecast For Romania Downwards
09.06.2024
BCR, the second largest bank in Romania, has revised its 2024 economic growth forecast for the country to 1.9% from 2.6%, as previously stated. The... more
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ING Bank Revises Romania’s 2024 Economic Growth Forecast To 1.3% From 2%
09.06.2024
ING Bank has decided on Friday (Sept 6) to revise its growth forecast for Romania's economy in 2024 to 1.3% from its previous estimate of 2% after... more
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New Tezaur Treasury Bills Available As Of Monday, September 9
09.06.2024
Romania’s finance ministry is launching new Tezaur Treasury bills on Monday, September 9, the ministry announced on Friday (Sept 6). more
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Finance Ministry Raises Nearly RON1.03B From Banks Via Two Bond Issues On Sept 5
09.05.2024
Romania's Finance Ministry raised RON1.03 billion from banks on Thursday (Sept 5), selling government paper in two auctions, at annual average... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal 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
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania 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.