18 nov 2020

September came with a fast-paced rise in corporate lending, after a visible rebound in the summer months, when it recovered from the decline in the spring months caused by the lockdown due to the more

5 nov 2020

Romania’s banking system, the main lender of Romania’s economy, posted almost 4.5 billion lei net profit in the first eight months, while lending increased by 5.4% on average, Romania’s central more

2 nov 2020

Romanian consumers took out almost 1.26 billion lei (EUR260 million) worth of new mortgage loans in lei in September, the second highest level in the first nine months of 2020, and 4% higher than in more

15 oct 2020

Romanians borrowed more than 1.2 billion lei in mortgage loans from banks in August, the third highest level in the first eight months of 2020 and 3.6% more than in August 2019. more

9 oct 2020

The summer months came with a rebound in corporate loans after lending plunged by annual rates of 20% to 30% in the spring due to the lockdown required by the COVID-19 pandemic. more

25 sep 2020

Romanians took out almost 1.29 billion worth of new mortgage loans in lei in July, the highest level in seven months, and also 5% higher than in July 2019. more

3 sep 2020

The top ten lenders in Romania by assets posted 2.67 billion lei net profit together in the first half, lower than in the first half of 2019, and accounting for 95.3% of the profit of the entire more

31 aug 2020

Banks in Romania had a margin (spread between interests on new leu loans and the interests on new leu deposits) of 4.91% to 6.31% in the first half, down from the first half 2019, but comparable to more

26 aug 2020

Romania’s banking system posted about 2.8 billion lei net profit in the first half and assets rose to a new peak, RON518.5 billion, following an average increase by 6% in lending, Romania’s more

25 aug 2020

June lowered Romanians’ appetite for mortgage loans. New mortgage lending in lei went down compared with the previous months of 2020 and with the year-ago month. more

24 aug 2020

Banks in Romania granted 2.3 billion lei in new loans to companies in June 2020, more than in April and May, when lending fell due to the lockdown caused by the COVID-19 pandemic. more

20 aug 2020

The summer rekindled Romanians’ appetite for consumer loans, so new consumer loans in lei rose to 1.49 billion lei in June, higher than in April and May, when lending recorded a significant decline more

2 iun 2020

The two months of lockdown due to the COVID-19 pandemic were a time when BCR became a more agile and flexible bank in terms of its operational structure and the digital transformation has become a new more

29 mai 2020

Romanian banking system’s net profit reached some RON1.6 billion at the end of the first quarter and assets increased to a peak of RON518.4 billion, while lending increased by 7.1% on average, more

4 mai 2020

Banks are adapting to the new situation caused by the coronavirus crisis and lending will continue, but it remains to be seen at what rate, depending on the business strategy, risk appetite of each more

23 apr 2020

It is very important not to let the economic downturn that will follow the coronavirus crisis turn into an economic depression, along with a financial crisis, believes Sergiu Manea, CEO of BCR. more

19 mar 2020

Romania’s central bank has announced it would ensure uninterrupted cash flows for all operations and said it fully supported all steps taken by banks to assist individuals and companies affected by more

12 mar 2020

Dan Pascariu, one of the best-known bankers in Romania, got a new extension as a member of the supervisory board of UniCredit Romania, the fourth largest lender in the country, until the end of 2020 more

27 feb 2020

Lenders’ interest income reached RON18.8 billion in 2019, while interest expenses stood at merely RON3.6 billion. more

25 feb 2020

The banking system posted about RON6.4 billion lei net profit in 2019, 7.2% lower than in 2018 and assets rose to a new peak, RON495.3 billion, as lending increased by 7.6% on average, according to more

13 feb 2020

New consumer and mortgage loans in lei and euros taken by consumers from banks reached a new peak in 2019, 36.9 billion lei (EUR7.74 billion), RON1.1 billion more than in 2018 and over RON2 billion more

6 feb 2020

Foreign investors with operations in the financial industry in Romania contributed almost 744 milion lei (almost EUR160 million) to the capital of their subsidiaries in 2019, less than they did in more

30 ian 2020

OTP Bank Romania, the subsidiary of the largest banking group in Hungary, could reach some 3% market share in Romania in 2020, as the bank pursues its strategy to grow its market share to 5% in five more

24 ian 2020

Romanian individuals made leu and euro deposits worth 124.5 billion lei in the first eleven months of 2019, 8.3% more than in the year-earlier period, Romania’s central bank data show. more

22 ian 2020

Spain’s banking group BBVA has put up Garanti Bank Romania up for sale, a bank it owns by being the majority shareholder of Garanti Bank Turkey and has kept the process supervised by the BBVA more