24 mar 2025

The shareholders of Banca Transilvania, Romania’s largest lending institution, will discuss in April the allocation of 2024 net profit, of over RON3.53 billion, of which around 45%, namely RON1.6 more

17 mar 2025

More than 86,000 individuals in Romania had more than EUR100,000 in bank deposits or a total of almost RON92 billion (some EUR18 billion) at the end of 2024, the latest statistics from the Bank more

25 feb 2025

The still high interest rates and continued lending drove Romanian banking system profit to a record high of around RON14.8 billion in 2024, up 8% from 2023, in line with NBR data. more

17 feb 2025

ING Bank Romania raked in RON3.8 billion revenues in 2024, up 13% from the 2023 level. more

15 ian 2025

The Romanian corporate branch of PKO Bank Polski, the leader of the Polish banking system, is starting operations on the local market in 2025. more

11 dec 2024

Garanti BBVA Leasing, part of Garanti BBVA Romania, is strengthening its commitment to support SMEs in Romania by taking out a EUR20 million loan from the Black Sea Trade and Development Bank (BSTDB). more

22 nov 2024

UniCredit Bank announced successful completion of a new leu-denominated corporate (senior, unsecured ) bond issue due in five years, with a fixed coupon payable annually of 7.67%. more

21 nov 2024

The still high interest rates and continued lending aided Romania banking sector generate an RON11.5 billion record high net profit in the first nine months of 2024, up around 10% from the gain more

4 nov 2024

UniCredit S.p.A. (“UniCredit”) and Alpha Services and Holdings S.A. (“Alpha”) announce that after securing all the necessary approvals from the relevant authorities and completing the due more

17 oct 2024

The Romanian banking system is undergoing a favorable period from the perspective of the main financial and prudential indicators, as it continues to boast solvency, profitability and balance sheet more

12 sep 2024

Romania’s gold reserve has been steady in the past 17 years, at 103.6 tons, since 2007 until the present, of which 61.2 tons are deposited abroad and 42.4 tons in Romania, in line with central bank more

21 aug 2024

The still high interest rates and sustained lending helped Romania’s banking system reach a record high net profit f RON7.5 billion in the first half of 2024, up around 10% from H1/2023 one. more

25 iul 2024

Italian group UniCredit for the first half of 2024 reported net profit worth EUR184 million from Romania operations, up around 39% from the gain of H1/2024, amid rising lending and revenues. more

15 iul 2024

Traian Baicu was nominated for the position of chief executive officer of Credex Bank, formerly Porsche Bank, which businessman Dan Ostahie bought, while Misu Negritoiu should serve as the chairman of more

12 iun 2024

The European Commission has announced it approved the acquisition of Alpha Bank Romania by Italy’s UniCredit S.p.A, under the EU Merger Regulation. more

10 iun 2024

76,746 individuals in Romania had bank deposits of more than EUR100,000 at the end of the first quarter of 2024, over RON82.6 billion (about EUR16.5 billion) in all, the latest statistics of the Bank more

27 mai 2024

Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in Q1/2024 registered EUR5 million net profit, 2.5 times bigger than the gain of the same period of 2023. more

23 mai 2024

Profit at the level of the Romanian banking system at the end of Q12024 hit a new record high, of over RON3.7 billion, up around 10% from the gain reported for Q1/2023. more

21 mai 2024

BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after two decades in business and is in the process of more

17 apr 2024

The largest banks in Romania posted higher profits in 2023 compared with 2022, as lending and income increased. Profits were largely driven by the high interest rates and low risk costs and more

4 apr 2024

Salt Bank, the first Romanian wholly digital bank, a newly created entity in the wake of Idea Bank acquisition by Banca Transilvania, has launched its operations. more

19 feb 2024

Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in 2023 generated net profit worth EUR7 million. more

6 feb 2024

Italian group UniCredit for 2023 reported EUR286 net profit from Romania operations, up over 44% from 2022, amid rising lending and revenues. more

1 feb 2024

France’s Société Générale Group is looking into the opportunity of selling BRD, the third largest bank in Romania and hired JP Morgan to handle it, banking market sources say. more

17 ian 2024

CEE economies, including Romania, will not suffer any fiscal and budgetary expense cutback pressures in 2024 as the year is a crucial electoral one and governments must be generous and throw money more