Starting Monday, CEC Bank will become the primary dealer on the government bond market, informs the bank in a release.According to the quoted source, this status allows the bank to participate directly in the public auctions and subscriptions of government bonds organized on the primary market, together with the other 7 financial institutions that have the status of primary dealer."Obtaining the status of primary dealer is a confirmation of the important role that CEC Bank plays in the Romanian financial markets. The government bond market will grow in the next period and access to this market will allow us to meet the financing needs of the state, and, at the same time, to diversify our offer of savings and investment tools available to customers," said Bogdan Neacsu, General Manager of CEC Bank.In the last 12 months, the volume of government bond transactions carried out by the bank on the secondary market, weighted with maturity coefficients, amounted to over RON 25 billion."Along with a steady presence in the primary government bond market, CEC Bank has thus met the legal turnover requirements required to obtain primary dealer status. This status will allow CEC Bank to participate in government bond auctions and issues, both on their own account and on behalf of their clients," the release said.CEC Bank is the financial institution with the longest tradition in Romania. Founded in 1864, CEC Bank currently has the largest national network, with more than 1,000 branches and territorial units and assets of RON 50.6 billion, at the end of 2021.CEC Bank is a top universal bank on the Romanian market and offers a complete range of products and services to individuals, SMEs and large corporations, through multiple distribution channels: banking units, ATM networks, internet banking, mobile banking and the virtual store CEC_IN - where 100% online banking products and services can be accessed.
The Romanian Youth Orchestra and the Orchestre National de France, conducted by Cristian Măcelaru, will perform on November 20 at the Radio France Auditorium in Paris. The soloists will be Maria Marica, winner of the 2022 George Enescu International Violin Competition, and Luc Héry, concertmaster of the Orchestre National de France. The program covers works […]
“The Cello Robot” – a Special Artistic Moment at GoTech World 2025 – Blends Art and Technology in a Spectacular Performance GoTech World 2025, the largest B2B expo-conference for IT and digital solutions in Central and Eastern Europe, takes place on November 11–12 at Romexpo, Pavilion B1, bringing together over 100 exhibiting companies that will […]
A Russian drone fell on Romanian territory, in the Grindu area of Tulcea County, approximately 5 km from the border with Ukraine, on the night of Monday to Tuesday, November 10 to 11. The incident was condemned by the Romanian Foreign Ministry, while the president labeled it “an accident.” The drone was most likely part […]
More than 320 items, from the collections of the National Museum of Art of Romania (MNAR), various national and international museums, and private collections, will be included in the exhibition "Romania- Identity Representation of Traditional Dress in Art" ("România – reprezentarea identitară a portului popular în artă"). The exhibition, scheduled to open at MNAR on […]
The net profit of Banca Transilvania, Romania’s largest bank, at the end of September 2025, was RON 2.92 billion (EUR 574 million), 7.9% more than the same period in 2024, a dynamic mainly impacted by the increase of the banking tax, according to the results released on Monday, November 10. Banca Transilvania financed companies with RON 16 billion (EUR 3.15 billion), and the general population […]
Foreign minister Oana Ţoiu announced on Monday, November 10, that the Romanian Senate adopted a bill criminalizing the violation and circumvention of international sanctions against Russia. According to the new law, those who help individuals and companies on the sanctions list will no longer get away with a simple fine but will be held criminally […]
