11.19.2015

Romanian lender ING Bank posted a net profit of RON251 million in January-September, up 9% compared with the same period last year, and its revenues increased 12%, to RON748 million, the lender said more

11.12.2015

ING cut its forecast on the inflation rate in Romania to -0.7% from -0.5% in 2015, and also revised its forecast to 1.2% from 1.4% for end-2016 and to 2.7% from 2.1% end-2017, mainly on the back of more

10.14.2015

Romania will not be able to secure a new agreement with the International Monetary Fund (IMF) ahead of the elections in 2016, as planned by authorities, given the poor track record of reviews for the more

09.18.2015

Political events, such as the indictment of the Romanian Prime Minister as part of a corruption probe, have barely impacted the leu, which traded close to the lower boundary of the central bank’s more

08.05.2015

ING Bank Romania reported a 6% lower net profit for the first six months, while both its loan portfolio and attracted deposits posted significant gains, the lender said in a statement Wednesday. more

07.29.2015

Romania’s small and medium sized companies, SMEs, became more interested in loans for investments so far in 2015, on the backdrop of an economic growth and the cut of interest margins, according to more

05.13.2015

Romania’s planned cut in interbank fees, as of the end of 2015, will affect ING Bank’s revenues on the retail segment by 5%, but this situation will be offset by additional growth, by attracting more

05.13.2015

OMV Petrom CEO Mariana Gheorghe has been appointed on the supervisory board of Dutch financial group ING, Petrom announced Wednesday. more

05.07.2015

ING Bank Romania reported a net profit of 82 million lei (EUR18.6 million) for the first quarter, up 19% on the year, the lender said in a statement Thursday. more

04.23.2015

Romania ranks last in Europe by the use of mobile banking, as less than one fifth of Romanians used mobile banking last year, compared with the European average of 40%, according to an ING survey. more

03.27.2015

Dutch financial group proposed the appointment of Mariana Gheorghe, chief executive of Romania’s largest company OMV Petrom (SNP.RO), as non-executive member of its Supervisory Board. more

03.04.2015

ING Bank Romania Wednesday said its gross profit rose 19% on the year in 2014, to 340 million lei (EUR76.4 million), from RON287 million a year earlier, while provision costs fell 40% to RON71 more

02.11.2015

Insurer ING Asigurari de Viata underwrote premiums of 614 million lei (EUR) in 2014, up nearly 10% on the year, while the estimated gross profit rose 2.5-fold to RON31.18 million, due to lower more

01.15.2015

ING Asigurari de Viata, which covers over one third of the Romanian life insurance market, will change its name in April 2015 to NN Asigurari de Viata, to underscore its affiliation to its mother more

01.14.2015

Several pension funds managed by Dutch group ING increased their stake in Bucharest Stock Exchange (BVB.RO) by 0.62% to 5.57% on January 9, when the provision according to which ownership threshold in more

12.09.2014

Insurer ING Asigurari de Viata estimates its underwritings will reach EUR138 million in 2014, up 9% on the year, above estimations, the company general manager Marius Popescu said. more

11.27.2014

Romanians plan to spend an average of EUR110 each on Christmas gifts in 2014, less than the Bulgarians and the Czechs, but more than the Poles and the Dutch expect to spend, according to the study of more

11.05.2014

Insurer ING Asigurari de Viata underwrote premiums of RON449.4 million in January-September 2014, up 10% from the same period in 2013, while its gross profit surged 87% to RON25.4 million, the insurer more

09.19.2014

Dutch-held financial group ING will continue to invest in Romania, directing its resources mainly towards the small and medium-sized enterprise area and towards retail in an attempt to strengthen its more

08.06.2014

Insurer ING Asigurari de Viata had revenues from underwritten premiums of RON296 million in January-June, nearly 8% higher than in the first half of 2013, while its gross profit increased 164.5%, to more

07.15.2014

Insurer ING Asigurari de Viata saw a comeback in business in the first half of the year and raised its market share from 34% in 2013 to 38.3% at the end of the first quarter, company general manager more

05.29.2014

The decline of bank interest rates below 4% a year has hindered the appeal of deposits as a savings tool and bank clients are seeking more profitable alternatives. more

05.09.2014

ING Asigurari de Viata underwrote insurance premiums worth RON146.25 million in the first quarter of the year, up 7.3% from the same period a year earlier, the company said Friday. more

04.09.2014

Romania’s central bank will likely miss its inflation target for 2014 as consumer prices are expected to rise once the positive effects of the good farm output last year subside, a senior economist more

03.20.2014

ING Bank Romania Thursday said its pretax profit slid 7% on the year to 216 million lei (EUR48 million) in 2013, largely due to higher investment costs with technology and product development. more