Articles 51 - 75 of 567 by " Claudia Medrega"
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Banca Transilvania Aims to Boost Lending and Profit by 7%, Assets by 13% in 2023
24 mar 2023
Banca Transilvania, the biggest lending institution on the Romanian market by assets, expects to generate net profit of above RON2.3 billion this year, 7% above the 2022 level, as it projects rising more
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ING Bank Net Profit Rises Slightly to RON1B in 2022
16 mar 2023
ING Bank posted net profit of RON1.06 billion in 2022, up slightly, by 3% on the 2021 figure, while revenue rose 10% to some RON2.6 billion. more
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New Corporate Loans in Lei Up 18% to RON3.3B in January 2023
13 mar 2023
Banks in Romania granted more than RON3.3 billion worth of new loans in lei to companies in January 2023, an increase of 17.9% on December 2022 and on the year-ago month. more
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OTP Bank Profit Shrinks 40% to RON34.6M in 2022
10 mar 2023
OTP Bank Romania posted after tax profit of RON34.6 million in 2022, a decline of 40% on 2021, the group report published in Budapest shows. The report presents the consolidated results, in line with more
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Romania Banking System Boasts Record High RON10.2B Profit in 2022
24 feb 2023
Net profit generated by the Romanian banking system at end-2022 hit a record high of RON10.2 billion, up 24.4% from the 2021 gain. more
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Cash in Circulation Tops RON101B, New All-Time High, in December 2022
15 feb 2023
The cash in circulation continued to rise and in December 2022 went beyond the RON101.3 billion level, a new all-time high, after a 5.4% increase from December 2021, according to central bank data. more
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EximBank Completes Merger with Banca Romaneasca, Becomes Universal Bank
30 dec 2022
EximBank completed the merger by absorption with Banca Romaneasca and will enter the retail market in Romania on December 31, 2022, becoming a full-service bank. more
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Number of Banks in Romania to Drop from Current 34 Following Consolidation
29 dec 2022
After 2020 and 2021 were affected by the effects of the coronavirus pandemic, the year 2022 came with new challenges, such as a war on the borders of Romania, energy crisis, inflation, rise in more
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Romania Banking System Hits Record High Profit of RON7.6B in Jan-Sept 2022
17 nov 2022
The net profit of Romania’s banking system hit a new record high at the end of the first nine months of 2022, of RON7.6 billion, up around 20% from the year-earlier period, as lending advanced by an more
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Rasvan Radu Ends Term as CEO and Chairman of the Board of UniCredit Bank Romania
27 oct 2022
Rasvan Radu will end his term as CEO and Chairman of the Board of UniCredit Bank Romania and will continue his professional career within UniCredit Group, where he will supervise the implementation of more
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ING Bank Profit Up 39% to RON535M in H1
15 sep 2022
ING Bank, the fourth largest bank in Romania by assets, posted RON535 million net profit in the first half, an increase of 39% on the year-ago period. more
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BCR, Banca Transilvania and BRD, Most Profitable Large Banks in Romania in 1H/2022
30 aug 2022
The three most profitable large banks in Romania in 1H/2022 were BCR, Banca Transilvania and BRD-SocGen, with overall earnings of above RON2.5 billion, namely more than half of the total profit of the more
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Citi Appoints Samir Karia Citi Country Officer for Romania
25 aug 2022
Citi has announced the appointment of Samir Karia as Citi Country Officer for Romania and Managing Director of Citibank Europe plc, Dublin - Romania branch, in charge of developing and implementing more
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BCR, Banca Transilvania and ING Bank Most Profitable Lenders in Romania in Q1
1 iun 2022
Most major banks in Romania saw higher profits in the first quarter of 2022 compared with the year-ago period, amid a rise in lending and increase in income along with the rise in interests, as well more
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ING Bank Posts RON276M Profit in Romania in Q1
30 mai 2022
ING Bank posted RON276 million net profit in the first quarter of 2022, 67% higher than in the year-ago period, while revenue rose 23% to RON667 million. more
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Raiffeisen Bank Posts RON218M Profit in Q1
4 mai 2022
Raiffeisen Bank posted RON218 million net profit in the first quarter of 2022, an increase of 10% on the first quarter of 2021. more
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Libra Internet Bank Posts RON181M Net Profit in 2021
28 apr 2022
Libra Internet Bank posted RON181.14 milion net profit in 2021 and a net loan volume of RON5.4 billion, more than 17% higher than in 2020 (RON4.63 billion), amid a balanced niche strategy. more
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Population and Company Indebtedness Quickens by Over 10% in 2021 YOY, Fastest Since 2008
21 apr 2022
Total population and company debt at end-2021 reached RON425.6 billion (EUR86.5 billion), up by RON40.2 billion or 10.4% from the 2020 level. The indebtedness growth pace sped up in 2021, to the more
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Banca Transilvania Wants to Boost Lending and Assets by Around 10% and Profit by 18%, to Over RON2B
31 mar 2022
Banca Transilvania, the biggest lending institution on the Romanian market by assets, expects to generate RON2.1 billion net profit this year, 18% above the 2021 gain, as it projects rising revenues more
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ING Bank Romania Net Profit Rises 109% to RON1B in 2021
22 mar 2022
ING Bank Romania made net profit of RON1.03 billion in 2021, up 109% compared with 2020, while total revenue rose to RON2.35 billion, up 11%. more
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UniCredit Bank Romania Pays Out Over EUR100M Worth of Dividends to Shareholders for 2021
8 mar 2022
UniCredit Bank Romania, controlled by the Italian group of the same name, decided to pay out dividends of around RON583.9 million (EUR117 million) to shareholders for 2021 financial year, accounting more
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Central Bank Approves Zdenek Romanek for Raiffeisen Bank Romania CEO
4 mar 2022
Zdenek Romanek has been officially approved by Romania’s central bank to become chairman and CEO of Raiffeisen Bank Romania. more
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Raiffeisen Bank Rakes in EUR173M Profit from Romania in 2021, Up 31.8%
22 feb 2022
Austrian group Raiffeisen Bank International reported net profit worth EUR173 million from Romanian operations in 2021, up 31.8% from the 2020 gain. more
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Romania Banking System Hits Record Profit Of RON8B In 2021 Despite Pandemic
4 feb 2022
Romanian banking system profit for the entire 2021 may climb to a record high of around RON8 billion or even more, despite the pandemic, given that gains topped RON7.5 billion after the first 11 more
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New Retail Loans Reach 15-Year High in 2021
3 feb 2022
New consumer and mortgage loans taken by consumers from banks, in lei and euros, accelerated in 2021 to a 15-year high, after declining in 2020, the first year of the COVID-19 pandemic, Romania’s more