Loading ...Financial sector companies increased their capital by more than 320 million euros in the first 7 months of the year, according to data provided by Romania’s Trade Registry Office (ONRC).
The majority of funds pumped into the banks, insurance, leasing, pensions, consumer credits or factoring companies came from The Netherlands – 94.6 million euros, accounting for 30% of the total.
The majority of funds pumped into the banks, insurance, leasing, pensions, consumer credits or factoring companies came from The Netherlands – 94.6 million euros, accounting for 30% of the total.
Austrian shareholders provided more than 59 million euros to the capital of companies held here, those from France 55 million euros, from Portugal 24 million euros, from USA 19 million euros and from Hungary 18.5 million euros. The remainder of the money came from investors with Italy, Great Britain, Cyprus or Bulgaria as countries of residence.
Over January-July, the following companies ABN Amro Bank (41.9 million euros), BT Insurance (33.4 million euros in February alone), Omniasig (30.6 million euros) or Millennium Bank (23.9 million euros) benefited of the highest share capital increases.
The share capital was boosted several times in the case of some companies, such as BT Insurance, Generali Pension Fund, Cetelem or AIG Life.
The share capital was boosted several times in the case of some companies, such as BT Insurance, Generali Pension Fund, Cetelem or AIG Life.
In the case of BT Insurance, company purchased last year by French Groupama Group, total increases in the first seven months stood at 55.3 million euros, at Cetelem – 13.6 million euros, at Generali Pension Fund – 16 million euros and at AIG Life – 13.8 million euros.
Banks and insurance companies are in the top of capital increases in the first 7 months of the year, whereas the shareholders contributed with smaller amounts to the credit and leasing companies.
Banks and insurance companies are in the top of capital increases in the first 7 months of the year, whereas the shareholders contributed with smaller amounts to the credit and leasing companies.
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