BANKING
– The Romanian banking sector has values significantly above the European average in terms of solvency and liquidity, Deputy Director within the Financial Stability Department of the National Bank of Romania (BNR) Florian Neagu told a conference on Thursday (Nov. 3).
-Banca Comerciala Romana (BCR), controlled by Austrian banking giant Erste Group, posted net profit worth RON1.53 billion (EUR312 million) in January-September 2022, up 34.8% y-o-y.
-Bucharest-listed BRD-SocGen, the third largest bank in Romania by assets, ended the first nine months of 2022 with RON2.44 billion net banking income, up 11.6% from the year-earlier period, while net profit increased by 12.5% in annual terms, to RON997.7 million.
CAPITAL MARKET
-Romania’s finance ministry raised RON937.8 million on Thursday (Nov 3) through two government bond issue, at annual average yields of 8.50% and 9.44%.
-The Bucharest Stock Exchange is continuing its digitalization process, in partnership with eVOTE, with its platform enabling online attendance of its General Shareholders Meeting (GSM).
