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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

4 mar 2022

Zdenek Romanek has been officially approved by Romania’s central bank to become chairman and CEO of Raiffeisen Bank Romania. more

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

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

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

20 ian 2022

BCR, the second biggest bank in Romania by assets, expects operating revenues, profit and assets to increase in 2022, amid stronger lending. more

14 ian 2022

A number of 51,435 individuals had deposits of more than EUR100,000 euros or RON55.4 billion (about EUR11.3 billion) in all, at the end of the first nine months of 2021, the latest statistics of the more

31 dec 2021

The average ratio of non-performing loans (NPL) in the Romanian banking system fell below 4% of total loans in the first ten months of 2021, Romania’s central bank data show. more

8 dec 2021

Safety Broker, leader of Romania’s insurance brokerage market, is readying a strategy envisaging the acquisition of some brokers on the market after getting the greenlight from the Competition more

1 dec 2021

Most large banks reported rising profits in the first nine months of 2021 compared with the same period of 2020 amid the waning fallout of the coronavirus crisis and the declining risk charges and more