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.
A two-hour documentary published by the investigative platform Recorder on December 9, revealing how a structure coordinated and controlled through alleged benefits and penalties by High Court president Lia Savonea captured the entire judicial system over the past year, developing institutional mechanisms to legally free high-profile politicians and businessmen, some of them already with a...
Radisson Blu Hotel, Bucharest opens 2026 with a relaxed New Year’s Day Brunch designed as a welcoming start to the year. Held between 12:30 and 16:30, the event brings together families, hotel guests and Bucharest residents for a generous festive buffet that blends traditional Romanian flavors with international dishes. Guests can enjoy a varied selection […]
North Bucharest Investments closed November with a transaction volume almost 15% higher compared to October, marking the most dynamic period of the past months for the company. According to the press release issued by the National Agency for Cadastre and Land Registration (ANCPI), “in November 2024, 58,415 properties were sold nationwide, 9,583 fewer than in […]
Romania achieved a new cultural milestone as UNESCO added the cobza, a traditional pear-shaped string instrument, to the Representative List of the Intangible Cultural Heritage of Humanity. The element, officially titled “Cobza, traditional knowledge, skills and music,” was jointly nominated by Romania and the Republic of Moldova. The decision, announced...
Plenty of Christmas markets and a designer gift fair are on this weekend for those looking for the right presents, while carol concerts liven the mood.
Serbian President Aleksandar Vucic held a phone conversation with his Romanian counterpart Nicusor Dan regarding all bilateral matters of importance to the two countries, Tanjug reported on Wednesday.In an Instagram post, Vucic wrote that the two countries share a centuries-old friendship, closeness and cooperation across all areas and expressed his conviction that there is […]
