Corporate Lending Up to RON3.9B in October, 14-Year Monthly Peak

12.16.2020
Banks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level of the year in October as well as the highest monthly level in 14 years.
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Three-Month ROBOR Climbs Further, Hits 7.31%
05.09.2025
The three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May... more
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Finance Ministry Raises RON526M From Banks On May 8
05.08.2025
Romania's Finance Ministry raised RON526 million from banks on Thursday (May 8), selling discount treasury bills (T-bills) due in December 2025, at... more
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Romanian Leu Further Weakens At 5.122 Units Versus Euro On May 8
05.08.2025
The Romanian leu further depreciated versus the euro by midday Thursday (May 8) and the central bank set the official exchange rate at 5.1222 units... more
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Three-Month ROBOR Crosses 7% Threshold On May 8
05.08.2025
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Groupama 2024 Net Profit Soars 31% To RON285M
05.08.2025
Groupama, leader of Romania insurance market, in 2024 registered a record high net profit of RON285 million, 31% higher than in 2023 and 17 times... more
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Moody’s Changes tbi bank’s Rating Outlook From Stable To Positive
05.07.2025
International rating agency Moody's Investors Service (Moody's) has changed the outlook on the long-term deposit ratings of tbi bank from "stable"... more
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Romanian Leu Hits New Record Low Of 5.0991 Vs Euro Amid Lingering Political Tension
05.07.2025
The Romanian leu depreciated further against the euro by midday Wednesday and the central bank set the leu’s reference rate versus the euro at... more
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Three-Month ROBOR Spikes To 6.47% On May 7
05.07.2025
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Three-Month ROBOR Climbs To 6.08% On May 6
05.06.2025
Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out... more
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Romanian Leu Slumps To All-Time Low At 5.0378 Versus Euro Amid Political Turmoil
05.06.2025
The Romanian leu has dropped to an all-time low against the euro on Tuesday (May 6), as the central bank's reference rate stood at RON5.0378 lei... more
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Raiffeisen Bank Ends Q1/2025 with RON418M Net Profit, Up 7% YOY
05.06.2025
Raiffeisen Bank ended the first quarter of 2025 with RON418 million net profit, up 7% from the year-earlier period, and RON84.8 billion total... more
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Romania Rejects All Bids For April 2029 Bonds
05.05.2025
Romania's finance ministry on Monday (May 5) rejected all bids for government bonds maturing in April 2029, as it deemed the bid price... more
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Austria's Erste Group, The Owner Of BCR, Acquires 49% Stake In Santander Bank Polska Group For Nearly EUR6.8B
05.05.2025
Erste Group, which owns Romanian lender Banca Comerciala Romana (BCR), has announced on May 5 that it has entered into an agreement with Banco... more
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Garanti BBVA's New Clients To Access Banking Products And Services Directly From Mobile Banking Application
05.05.2025
Garanti BBVA has introduced an option that enables new individual customers to access banking products and services 100% online, directly from the... more
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CEC Bank, Raiffeisen and Banca Transilvania Boast Biggest Asset Increases in 2024
05.05.2025
Top 10 large banks in 2024 managed to boost their assets against 2023 with growth paces ranging from 1% to 19%, with most boasting asset leaps... more
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Romania Forex Reserves Grow To EUR62.4B In April 2025
05.02.2025
Romania's foreign exchange reserves stood at EUR62.4 billion at the end of April 2025, higher by EUR421 million than the EUR61.9 billion level... more
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Romania Insurance Market Reaches over RON36B Assets in 2024
05.02.2025
Insurers’ total assets crossed the RON36 billion threshold at the end of 2024, coming to weigh 2.1% in GDP, reveals the latest report on... more
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Law Firm Filip & Company Assisted BT Pensii in Takeover of BRD Medio
04.30.2025
Law firm Filip & Company provided legal assistance to BT Pensii in its takeover of the management of voluntary pension fund BRD Medio, which is... more
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BCR Group 1Q/2025 Net Profit Rises 19.8% YOY To RON742M
04.30.2025
BCR Group in the first quarter of 2025 registered net profit of RON742 million (EUR149 million), up 19.8% from 1Q/2024, driven by improved... more
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BRD Ends 1Q/2025 with RON350M Net Profit, Up 7% YOY
04.30.2025
BRD, the fifth largest bank by assets in Romania, ended the first quarter of 2025 with RON350 million net profit, up 7.2% from the year-earlier... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.