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3-month ROBOR index further up to 3.41%, highest level of the past 9 months

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Tuesday to 3.41%, up from 3.40% in the previous session, according to the figures released by the National Bank of Romania ...

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ING inaugurates a new office concept, focusing on the customers’ expertise

ING Bank Romania is commissioning today a new office concept, located on 135-145 Calea Dorobanti in Bucharest, aiming to provide a reinterpretation of its role as a bank classic headquarters. “Home at ING” brings a new concept based on a ...

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PwC study: BSE main indexes have significantly surpassed the performance of Government bonds over the past 7 years

A PwC Romania study (Valuation multiples in the context of Bucharest Stock Exchange and local M&A market), that has compared the performance of the most relevant two indexes of the Bucharest Stock Exchange (BET and BET-TR) with the Yield to ...

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DLA Piper cross-practice team assisted Bank Leumi Israel to conclude in record time the agreement with First Bank

DLA Piper assisted Bank Leumi le-Israel B.M in the negotiations for concluding an agreement with First Bank to sell all the holdings in its Romanian subsidiary. Although the agreement required complex advice, it was concluded in a very short timeframe ...

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First Bank buys Bank Leumi Romania

First Bank has announced it had signed an agreement with Bank Leumi le-Israel B.M to purchase the Bank Leumi subsidiary in Romania. The acquisition is pending the National Bank of Romania’s and Competition Council’s consents and is expected to be ...

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BCR puts up its old head office for sale

The Romanian Commercial Bank (BCR) is putting up for sale its old head office, the one located in the Universitate Square in Bucharest. The building, built in 1906, currently considered a historical monument, used to serve as the BCR’s headquarters ...

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Volatility of financial markets, most likely high during 2019, OTP Asset Management analysis says

OTP Asset Management Romania has released the market analysis “Spring-Summer Trends 2019”, the third volume presenting the retrospect of the evolution of financial markets during 2018 and the company’s expectations for the next period. The analysis highlighted that last year ...

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3-month ROBOR Index resumes growth, up to 3.33%

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Tuesday to 3.33%, up from 3.32% in the previous session, according to the figures released by the National Bank of Romania ...

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3-month ROBOR Index falls to 3.32%

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has decreased on Monday to 3.32%, down from 3.38% in the previous session, according to the figures released by the National Bank of Romania ...

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3-month, 6-month and 12-month ROBOR indices up

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Thursday to 3.36%, up from 3.34% in the previous session, according to the figures released by the National Bank of Romania ...

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