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

30 nov 2021

A number of 1,044 employees left the Romanian banking system and 184 subsidiaries and branches closed down in the period between the first nine months of 2020 and the first nine months of 2021, in more

23 nov 2021

The net profit generated by the entire Romanian banking system at the end of the first nine months of 2021 reached a record high of around RON6.4 billion despite the pandemic, up over 36% from the more

17 nov 2021

September brought a corporate lending rebound, after the August slowdown. Banks operating on the Romanian market granted new RON-denominated loans of RON3.77 billion to companies, up 31.6% from August more

8 nov 2021

OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, registered consolidated profit after tax worth RON14 million in the first nine months of 2021, down 65% from the more

5 nov 2021

Intesa Sanpaolo Romania, the domestic subsidiary of the Italian bank of the same name, for the first nine months of 2021 reported revenues worth EUR29 million, down 5.2% against the same period of more

18 oct 2021

Romania’s central bank has cleared banks in Romania, some of which are controlled by foreign financial groups from countries such as Austria, France, Italy, the Netherlands and Greece, to pay more

20 sep 2021

Romanian executive Marius Dorner will become global subsidiaries group head of Citi’s Russia, Ukraine and Kazakhstan (RUK) cluster and of Citi Russia on November 1, 2021, subject to approval by the more

20 sep 2021

Vista Bank (the former Marfin), controlled by Greek-held group Vardinogiannis, is set to reach total assets worth above EUR1.4 billion, loans of EUR800 million, deposits of EUR1.2 billion and over more

14 sep 2021

Romania’s central bank BNR has approved the acquisition by the largest lender in the country, Banca Transilvania, of Poland’s Getin Holding’s stake in Idea Bank. more

7 sep 2021

Romanian consumers took out more than RON2.87 billion new consumer loans in July 2021, the highest monthly volume in 14 years and 37.3% higher on the year-ago month. more

2 sep 2021

All large banks in Romania reported higher profits for 1H/2020 against the same period in 2020 amid weakening pandemic fallout and declining risk and provision costs, but also in the wake of rising more

23 iul 2021

Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020. more

21 iul 2021

Romanian households’ debt reached about RON172.4 billion (EUR35.2 billion) at the end of the first quarter of 2021, an increase of about 4.26% on the year-ago period, while corporate debt rose 4.35% more