Corporate Lending Up to RON3.9B in October, 14-Year Monthly Peak

12.16.2020
Banks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level of the year in October as well as the highest monthly level in 14 years.
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Millenium Insurance Broker Ends 2024 with almost RON2.5M Net Profit. Around 85% of Profit Will Go To Shareholders
03.27.2025
Millenium Insurance Broker, among the 10 largest players on the local market, recently listed on the AeRO market of the Bucharest Stock Exchange,... more
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Transilvania Broker Hits RON8.7M Profit in 2024, Set to Distribute RON3M Worth of Dividends
03.27.2025
Transilvania Broker, the fourth largest insurance broker locally, ended 2024 with net profit of around RON8.7 million and plans to distribute RON3... more
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Romania Taps International Markets With 7 And 14-Year Eurobond Issues
03.26.2025
Romania's finance ministry has announced the start of a pre-stabilization period on March 26 for a new issuance of euro-denominated bonds, via two... more
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Romgaz Makes RON120M Deposit With Exim Banca Romaneasca
03.25.2025
Romanian state-run natural gas producer and supplier Romgaz (stock symbol: SNG) made a term deposit without auto-renewal option, with the interest... more
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Central Bank: Romania's M3 Money Supply Up 9% YoY In February 2025
03.25.2025
M3, the broadest gauge of money supply, grew by a nominal 9% to RON737.2 billion (EUR148.2 billion) in February 2025 versus February 2024,... more
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Allianz-Tiriac Ends 2024 With Total Subscriptions Of RON3.8B, Up 5% YoY
03.25.2025
Allianz-Tiriac Asigurari closed its 30th year of activity in the Romanian market with nearly 20% growth, above market average, in the life and... more
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Romania Private Lending Up 9.4% in February 2025 YOY To RON420B
03.25.2025
Romania private lending in February 2025 rose by 9.4% from the year-earlier period, to a total amount of RON420 billion, after local currency loans... more
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UniCredit Bank Romania Shareholders Approve Merger With Alpha Bank Romania, RON135M Capital Increase
03.24.2025
UniCredit Bank Romania, held by the Italian group by the same name, called the shareholders for an extraordinary general meeting on March 24, to... more
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Finance Ministry Raises RON2.1B From Banks On March 24
03.24.2025
Romania's Finance Ministry raised RON2.18 billion from banks on Monday (March 17), selling benchmark bonds, at an annual average yield of 6.84%. more
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European Commission: CEC Bank’s RON1B Recapitalization Not State Aid
03.24.2025
The European Commission has concluded that Romania’s EUR200 million (RON1 billion) recapitalization of fully state-owned CEC Bank does not... more
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Banca Transilvania Wants to Distribute RON1.6B Worth of Dividends from 2024 Profit
03.24.2025
The shareholders of Banca Transilvania, Romania’s largest lending institution, will discuss in April the allocation of 2024 net profit, of over... more
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UNIQA Asigurari And UNIQA Asigurari De Viata End 2024 With EUR144M Gross Written Premiums Together
03.20.2025
UNIQA insurance companies in Romania, which are part of the Austrian group by the same name, ended 2024 with gross written premiums of EUR144... more
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Banca Transilvania Retains 3rd Position among World’s Most Powerful Banking Brands
03.20.2025
Banca Transilvania has retained the third spot in the ranking of the world’s most powerful banking brands and climbed to the 255th position by... more
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Second 2025 Fidelis Edition Starts Trading on Bucharest Stock Exchange
03.20.2025
Romania Finance Ministry attracted over RON1.4bn and EUR168mn (values totaling over RON 2.2bn – EUR 452mn), through the second primary offer for... more
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Moody’s Changes Raiffeisen Bank's Outlook From Stable To Negative On Long-Term Deposits And Senior Preferred Debt
03.19.2025
Raiffeisen Bank S.A. (the Bank) has informed investors on March 19 that Moody’s Rating Agency affirmed Baa1 for the long term deposit rating and... more
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BCR Launches First 100% Fully Electric Mobile Bank
03.19.2025
Banca Comerciala Romana (BCR) is launching the first mobile 100% electric bank in form a modular truck that provides access to modern banking... more
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tbi bank Reports EUR50M Net Profit For 2024, Up 18% YoY
03.19.2025
tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, reported net profit of... more
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Municipality Of Ploiesti Signs Agreement With EIB On Advisory Support In The City
03.19.2025
The European Investment Bank (EIB) will advise the Romanian municipality of Ploiesti on green transport projects as part of a Europe-wide push to... more
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MedLife Shareholders Approve Increasing Line Of Credit By EUR50M To EUR318M
03.18.2025
Private medical service provider MedLife (M.RO) on Tuesday announced its shareholders had authorized the board of directors to negotiate with the... more
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Number Of Romanians With More Than EUR100,000 Deposits In Banks Up To Over 86,000 In 2024
03.17.2025
More than 86,000 individuals in Romania had more than EUR100,000 in bank deposits or a total of almost RON92 billion (some EUR18 billion) at the... more

Romania’s economic growth is forecast to pick up gradually to 3.1% in 2025 and 3.6% in 2026, while its public finances will continue
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Romania ended 2024 with a current account deficit of EUR29.3 billion, higher by nearly EUR7.8 billion than in 2023, central bank data
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Economic growth expectations for 2025 stand at the average value of 1.5%, reveals the latest survey conducted by CFA Romania
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Romania economy recovery is slower than expected and political turmoil is denting investors’ and consumers’ confidence, says the
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Romania’s economy enters 2025 with positive long-term prospects, but with significant challenges in the year ahead, Colliers
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Managers of Pillar II mandatory private pension funds and Pillar III voluntary private pension ones will be able to invest up to 10% of
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Romanian investors last year spent EUR577 million on acquisitions in the region, three times more than in 2023, in line with data from
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Romania’s land market remained stable in 2024, with the volume of transactions nearing EUR450 million, similar to the level recorded
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Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting Savings
Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.