Banca Transilvania, listed on the Bucharest Stock Exchange (BVB) since 1997 and the largest bank in Romania by assets, listed its first issue of sustainability bonds in RON, amounting to RON 1.5 billion (EUR 295 million), on the BVB.
The bonds, listed under the ticker TLV32, mark a record on the Romanian banking market. The 2,500 corporate, sustainable, non-preferred bonds have a nominal value of RON 600,000 with maturity in 2032 an annual interest rate of 8.875%.
Previously,...
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Germany will provide more than EUR 500,000 this year to support teachers working in German-language education across Romania, the German Embassy in Bucharest announced. Through the Embassy, Germany is funding the project “Support for Teachers in German-Language Education in Romania” with a total of EUR 505,000. The initiative aims to promote the German language as […]
