01.11.2022

PayU, eMAG and Alpha Bank Romania extend the Instant Money Back service to Hungary so that eMAG clients who make online payments with a saved card and make a return can receive the value of the more

01.11.2022

Romanian state-owned lender CEC Bank on Tuesday announced the payment of dividends in the amount of RON634.3 million from the profit of financial years 2019 and 2020, to its shareholder, the Finance more

01.10.2022

Romania's central bank on Monday (January 10) raised its benchmark interest rate to 2% a year from 1.75% a year, starting January 11, 2022. more

12.29.2021

OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, on Wednesday said it increased its share capital for the second time in 2021, by over RON200 million. more

12.23.2021

One United Properties (ONE.RO), a real estate developer of residential, office and mixed-use projects in Romania, has signed a partnership agreement with lender Raiffeisen Bank International for the more

12.16.2021

Impact Developer & Contractor (IMP.RO) continues the implementation of the development strategy for the next six years by signing a EUR5 million loan agreement with OTP Bank, through its subsidiary more

12.16.2021

The Board of Directors of lender Patria Bank on Thursday approved the appointment of Georgiana Mihaela Stanciulescu to the position of Deputy General Manager - Financial Division, member of the Board, more

12.14.2021

TBI Bank, part of 4Finance Group, with activities in Romania, Bulgaria, Germany, Denmark, Sweden, Poland and Lithuania, is expanding its operations into Greece after it has recently obtained the more

12.14.2021

Logistics parks developer Mega Company, advised by the Capital Markets team of real estate consulting firm JLL Romania, has secured a loan of EUR20.6 million from lender Alpha Bank to fund the Mega more

12.14.2021

Lender Raiffeisen Bank has won a tender organized by natural gas producer and supplier Romgaz (SNG.RO) to obtain a part of the funded needed for the acquisition of US giant ExxonMobil's stake in the more

12.13.2021

Intesa Sanpaolo Bank, the local subsidiary of Italian Intesa Sanpaolo Group, has granted over 1,400 financings for 1,056 Romanian companies which benefited from the guarantees provided under the more

12.03.2021

Libra Internet Bank, the first bank in Romania to offer a 100% online bank account and 100% online loan, continues the financing through the capital market and lists its second bond issue, worth EUR40 more

12.02.2021

Claudia Pendred has received the approval of Romania’s central bank for the position of independent member in the Supervisory Board of Raiffeisen Bank. more

12.01.2021

Alpha Bank, a top ten lender in Romania by assets, posted pre-tax profit of EUR20 million in the first nine months, more than in the year-ago period. more

11.29.2021

The Bucharest Stock Exchange on Monday said the bonds issued by Libra Internet Bank worth EUR40 million would start trading on the Main Market on Friday (December 3), under the ticker LIBRA28E. more

11.25.2021

The Black Sea Trade and Development Bank (BSTDB) received an upgrade of its long- and short-term issuer credit ratings from the S&P Global Ratings to 'A/A-1' from 'A-/A-2', with Stable Outlook. more

11.25.2021

Lender UniCredit Bank has opened the first Mortgage Center, in Bucharest’s Charles de Gaulle Square, which is intended exclusively for the mortgage lending activity. more

11.25.2021

ING Bank ended the third quarter of this year with total revenues worth RON1.7 billion, up 9%, and net profit of RON630 million, 42% higher than in the same period of 2020. more

11.16.2021

Lender Raiffeisen Bank has revised downwards its economic growth projections for Romania to 6.2% from 7.5% previously after the country’s statistics board INS released the GDP data for the third more

11.16.2021

Patria Bank ended the first nine months of 2021 with net profit worth RON7.2 million, up 20% from the same period of 2020, mainly supported by the favorable trend of operating revenues and the lower more

11.12.2021

Romanian state-run lender CEC Bank provides a pre-financing loan of RON175.3 million, over an 11-year period, for the construction of the ClusterPower data center located in Dolj County, a greenfield more

11.11.2021

Romania’s central bank has revised upwards its annual inflation forecast expecting a rate of 7.5% in December 2021, higher by 1.9 percentage points than the level anticipated in August, the bank more

11.11.2021

Radisson Blu Brasov hotel, developed by RaRa Hotels, part of RaRa Group controlled by Ramona Neamtu and Razvan Neamtu, is set to open in the first quarter of 2021, according to the hotel’s more

11.09.2021

Romania's central bank on Tuesday (November 9) raised its benchmark interest rate to 1.75% a year from 1.5% a year, starting November 10, 2021. more

11.08.2021

Law firm Dentons has assisted Erste Group Bank, Raiffeisen Bank and Banca Comerciala Romana in concluding a RON750 million loan facility contract with Romanian energy supplier Electrica which will use more