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14:55, 12.04.2023

Deputies Chamber/Guarantee Fund to protect insurance creditors from insolvency

The Deputies on Wednesday adopted a draft law according to which the Guarantee Fund will protect insurance creditors from the consequences of the insolvency of a Romanian legal entity insurer, as well as in the…




18:36, 30.03.2023

Claim payments to be resumed in lieu of Guarantee Fund if ASF renounces revocation of Euroins license (Eurohold)

EIG Re and all other reinsurer groups will immediately renew the reinsurance contracts and resume the payments for all current and future claims in lieu of the Guarantee Fund if the Financial Supervisory Authority…




09:11, 21.03.2023

Euroins has enough assets to make payments in the next three weeks (Eurohold)

The Euroins company is fully covered and has enough assets to continue making payments in the next three weeks even if it has no income, said Monday, in a press conference, the chairman of Eurohold, Assen Hristov."The…




17:52, 12.05.2020

Loan scheme with 2 pct ROBOR to open for coronavirus-affected farmers

Coronavirus-affected farmers will be able to access a dedicated loan scheme for an interbank offered rate (ROBOR) of 2 percent; the value of the loan will be of up to 85 percent of the total amount the farmers…




11:18, 19.03.2020

Gov't decides to raise credit guarantee ceiling for SMEs by 5 billion lei

The Government has decided to raise the credit guarantee ceiling for SMEs by 5 billion lei, Prime Minister Ludovic Orban announced on Thursday."We have decided, through emergency ordinance, to raise the credit…