22 iun 2016

Banca Transilvania, the third largest lender in Romania, stood out as the most profitable last year, following the takeover of Volksbank. Profit per employee amounted to more than 350,000 lei more

7 iun 2016

The five largest banks in Romania by territorial networks account for about 70% of the total offices and branches in the system. more

27 mai 2016

Romania has had to reinvent banking in the past twenty-five years and banks on the local market are now doing well in terms of capitalization, yet the bank service penetration rate remains low more

24 mai 2016

Romania’s banking sector posted 1.17 billion lei (EUR259 million) profit in the first quarter, while assets decreased to RON370.2 billion. more

18 mai 2016

US and and UK investors hold 31.5% in Austria’s Erste Bank (EBS.RO) together, which owns Romania’s largest lender BCR. more

3 mai 2016

Gross financial assets of households in Romania stood at more than 500 billion lei (over EUR100 billion) last year, about one third of which, RON140 billion kept in bank deposits, Romania’s central more

12 apr 2016

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3 mar 2016

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1 mar 2016

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19 feb 2016

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15 feb 2016

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3 feb 2016

The decision to raise the required down payment for mortgage loans was because of the impact we estimate the enforcement of the new mortgage lending law will have on the risk taken by our bank and if more

1 feb 2016

Monetary policy should support access to finance for businesses, especially SMEs outside Bucharest, and private customers to put growth on a wider and more diversified basis, says Sir Suma more

19 ian 2016

Consolidation of the Romanian banking sector will continue and the number of banks may halve. It will not happen in one or two years, though, it will take longer than that, says Mihaela Bitu, deputy more

14 ian 2016

The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volatile more

5 ian 2016

Most analysts expect Romania’s central bank (BNR) to keep the key rate at the all-time low of 1.75% this year, but signs of economy overheating and inflation returning to positive territory might more

24 dec 2015

BCR, the largest local bank, has sold a set of non-performing corporate loans with a face value of EUR1.2 billion to a consortium comprised of Deutsche Bank, IFC and APS. This is the largest NPL deal more

23 dec 2015

Four large debt collectors, APS (Czech Republic), KRUK (Poland), Kredyt Inkaso (Poland) and EOS (Germany) reached an almost EUR6 billion non-performing loan portfolio at the end this year, which they more

21 dec 2015

Polish-held Kredyt Inkaso bought a EUR340 million set of non-performing loans from UniCredit Romania for which it is to pay EUR28 million. This is the largest deal involving NPL this year. more

9 dec 2015

ING Bank intends to continue its organic development strategy over the coming period, since growth drivers still exist, but does not rule out potential acquisitions or consolidation opportunities, more

27 nov 2015

The five largest banks in Romania managed over 200 billion lei (EUR45 billion) assets at the end of September, more than half of the total assets in the system (almost RON360 billion). more

25 nov 2015

Leu-denominated loans to consumers and companies peaked at almost 109 billion lei (EUR24.5 billion) at the end of October, an increase of about 17% on the year-ago period, largely because on the rise more

7 oct 2015

Romania’s central bank believes there are about 10,000 sound companies, selected by profitability and investment criteria, which have a low indebtedness level and could sustain significant lending more

6 oct 2015

International Finance Corporation (IFC), a member of the World Bank Group, has invested a total $450 million in projects in the Romanian financial sector between 2008-2015, representing half of the more

5 oct 2015

The integration of Volksbank into Banca Transilvania (TLV.RO) has reached the IT platform integration testing and simulation phase, and those in charge of the transition are preparing for the final more