A reduction on the secondary segment of the capital market was recorded in 2020. The total volume of transactions was 1.7 billion lei, a decrease of about 3.6 billion lei or of 68% compared with 2019, shows a report nonbank supervision by the National Commission for Financial Markets (CNPF) that was presented today in the meeting of the Parliament’s commission on economy, budget and finance, IPN reports.
The report shows that the subscribed gross premiums on the insurance market, after seeing a relatively constant growth during the last few years, in 2020 witnessed a decline, primarily the premiums deriving from the sale of Green Card certificates.
In the nonbank lending sector, 154 nonbank lending organizations authorized to perform activities and 228 savings and loan associations were put on the Register of Authorized Nonbank Lending Organizations by December 31, 2020. The volume of loans provided by these came to 10.6 billion lei, an increase of over 275 million lei on 2019.
