Home Search

'Solvency II - search results

If you're not happy with the results, please do another search

Romanian insurers to adopt Solvency II as of January 2016

The Romanian insurance companies will adopt on January 1, 2016 the European set of directives Solvency II aiming to increase the protection of the...

Solvency II, wave of change in Romanian insurance field

The enforcement of the new Solvency II regime as of January 1, 2013 will be one of the pillars to support, on a medium...

The solvency of small banks has diminished

// The solvency of large banks in Romania increased between June 2012...

Georgescu, BNR: Greek banks have solvency over 11 pc and contingency plans

Florin Georgescu, First Deputy Governor of the National Bank of Romania (BNR), stated that the Greek banks present in Romania have a solvency level...

Banca Carpatica solvency at 12 pc, above the minimum set by BNR

Banca Comerciala Carpatica (BCC) posted an increase of its immediate liquidity to 46.35 pc, from the level of 41.98 pc registered at the end...

Solvency of local banks helped by parent banks

This year, 12 banks making up to nearly 50 per cent of the overall assets in the system, have benefited from capital injections from...

Central Bank’s Isarescu: Credibility of banks has dropped in recent years, it must be...

Romanian banks must regain their credibility before clients, after a period of several years in which that credibility slumped, in parallel with lending, and...

Non-life insurance market up by almost 11 pct to 7.71 billion lei in 2016

Romania's non-life insurance market increased by 10.92 percent last year to 7.717 billion lei, according to the data presented in a press conference by...

François Coste, CEO Groupama Asigurari: Groupama has remained focused in delivering its strategy: Preferred...

Mr. François Coste, you've been CEO of Groupama Asigurari since 2012. How would you assess this lapse of time from the point of view...

Radu Ghetea, Honorary President of the Romanian Banking Association: Romania had to reinvent banking...

In the last 25 years, Romania has had to reinvent banking in the banking system, and at this moment things are very similar, if...

Year of construction and consolidation for Gothaer in Romania

+ In 2015, Gothaer Asigurări Reasigurări paid claims worth more than 43 million RON and recorded gross written premiums worth nearly 82 million RON...

Credit Europe Bank Romania: EUR 12 million profit in 2015

2015 results show that it was a successful year for CEB Romania in many terms. The Bank delivered a solid financial performance that its...

BNR: Romanian banking system’s situation, far above EU average in many indicators

The profitability of the Romanian banking system stood at 13.2 per cent at the end of last year, two-times the EU average registered in...

Banking system’s profit on the rise

• Greek-capital banks show no risks Romanian banks registered a profit of RON 2.25 bln in the first nine months and will close on profit, but...

Banks’ Association official: Efforts should be made to restore reputation, trust between banking system,...

The way of treating the crisis effects, the level of regulation, the digitization, the initiatives on the growth of the capital market's role in...

Groupama Asigurari closes H1 with satisfying results

The results registered in H1 point to an 18.8 per cent year-on-year rise in gross subscribed bonuses, to RON 385 M. The rise is...

Gothaer Asigurari Reasigurari: € 122 million profit, grown with 13,2% compared to previous...

The balance of year 2014, the second year of development and investment of its local branch in Romania held by the German group Gothaer,...

Banking system registers RON 800 M profit in Q1

The banking system registered an overall profit of RON 800 M at the end of Q1 and the result remained in positive territory in...

Traian Halalai, EximBank Chairman: We have the capacity of playing a significant part...

EximBank is a valuable partner for the companies implementing projects funded by EU money and the bank’s partnerships with companies such as Grafoprint Timisoara,...

EximBank ready to take over development bank prerogatives

EximBank is getting ready to take over the specific prerogatives of a development bank, a move that will enhance its involvement in the European...

BNR Governor: Banking system is solid but liquidity not uniformly distributed among banks

* Romania’s Central Bank carefully follows developments in the Greek and Austrian banking systems   The Romanian banking system is solid from the point of view...

Raiffeisen Bank – net profit of EUR 113 M in 2014

Raiffeisen Bank registered a net profit of EUR 113 M in 2014, compared to EUR 104 M in 2013, representing a year-on-year growth of...

Romgaz, biggest natural gas producer and supplier in Romania (I) * Interview with CEO...

* Company has stabilized production for fourth consecutive year * Romgaz is holder or joint holder in numerous oil agreements * Company has exploration...

Georgescu (BNR): Banks’ capital increases total 1.8 bn lei from 2009 to 2014

The capital injections made by the shareholders of some banks from 2009 to 2014 totaled 1.8 billion euros to cover the losses generated by...

BCR post negative net result of RON 276.6 M in H1

Erste Group, the main shareholder of the Romanian bank, recorded also a net loss of EUR 929.7 M. Banca Comerciala Romana (BCR) recorded losses of...

Volksbank concluded the sale of bad loans package

Volksbank reduced its portfolio by selling a package of bad mortgage loans, with a total value of ER 495 M, reads a communique. The...

BRD – Groupe Societe Generale, RON 37 M profit in Q1

BRD - Groupe Societe Generale bank (BRD-GSG) records show a net profit of RON 37 million over the first quarter of 2014, and an...

Isarescu, BNR: Romania’s economical risks are manageable

Taking into consideration the political tensions between Russia and Ukraine, regarding Romania, the trade restrictions or disruptions may affect exports and/or energy supply, yet...

Crediting will not be reinvigorated until the autumn of 2014

// The bad loans ratio advanced in October by 0.1 points to...

BNR: Banking sector can deal with significant adverse macroeconomic shocks

// The banking sector has a good capacity of dealing with significant...

Spain’s exports – performing very well

// By Mr. Agustín Navarro de Vicente-Gella, Economic and Commercial Counsellor with...

Daianu: A new BVB director should not be expected like a messiah

All stakeholders have to join forces in order to keep the Romanian capital market alive, Daniel Daianu, First Vice President of the Financial Supervisory...

Romania among the countries at risk as emerging-market inflows slump

Turkey, Romania, Poland and Morocco are among the countries most vulnerable to slowing investment in developing nations because of their dependence on foreign financing,...

Romania’s chemical industry – a strong economic recovery driver

Yet, 22 pc of the 4,598 companies were not operating in April 2013, finds a survey by Coface. The chemical industry confirms its role as...