01.28.2016

Romanian businessman Ilie Carabulea and four other shareholders of Banca Comerciala Carpatica (BCC. RO), acting in concert with Carabulea, sold a 20% stake in BCC to Nextebank, for RON23.1 million more

01.26.2016

Nextebank will subscribe, by Friday, shares worth RON98.6 million to the share capital of Banca Comerciala Carpatica (BCC.RO), and plans to subsequently propose the shareholders of Banca Comerciala more

01.26.2016

Romanian lender Banca Comerciala Carpatica (BCC.RO) halved its net loss down to RON85.43 million in 2015, from RON169.5 million a year before, but its assets also saw a decline, falling by 4.7% to more

01.04.2016

Nextebank submitted a non-binding bid to Banca Comerciala Carpatica (BCC), on the last day of 2015, in order to subscribe within a share capital increase offer, but wants to conduct an in-depth more

01.04.2016

Romanian lender Banca Transilvania (TLV.RO) on Monday said it completed the merger with Volksbank Romania, adding that 10% of its 2.2 million clients and 400 of the 7,300 employees come from the more

01.04.2016

What should have been the most important event of 2015 in the Romanian banking sector, the entry of private investment firm JC Flowers via the acquisition of two banks, Piraeus and Carpatica, fell more

12.22.2015

Romanian lender Banca Transilvania has received financing of EUR75 million from the European Investment Bank (EIB), the second tranche of a loan of EUR150 million, which will be used to finance more

11.19.2015

Romanian real estate developer Impact Developer&Contractor (IMP.RO) will borrow RON22.3 million (EUR5 million) from Banca Transilvania (TLV.RO), to develop real estate project Cartierul Salcamilor in more

11.13.2015

The European Bank for Reconstruction and Development (EBRD) sold Friday 86.76 million shares in Romanian lender Banca Transilvania (TLV.RO), in an accelerated bookbuild placement on the Bucharest more

11.10.2015

Romanian lender Banca Transilvania (TLV.RO) on Tuesday said its assets rose 10.6% to RON39.39 billion, after the integration of Volksbank, and its pretax profit inched down 0.6% to RON373.5 million on more

10.30.2015

Romanian lender Banca Comerciala Carpatica (BCC.RO) widened its loss in the first nine months of the year to RON26.5 million, from RON21.7 million in the same period last year, as its revenue declined more

10.13.2015

Significant shareholders of Banca Transilvania (TLV.RO), such as regional investment fund SIF Moldova (SIF2.RO), Roberto Marco Marzanati, Radu Palagheanu and Horia Ciorcila, the bank chairman, have more

10.05.2015

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

09.17.2015

Romanian lender Banca Transilvania (TLV.RO) will start Thursday a new buyback program targeting the acquisition of 10 million own shares for maximum 3 lei/unit until mid-December. more

09.14.2015

Banca Transilvania (TLV.RO), the third largest lender in Romania, expects net loan volume to rise by 42% to 25 billion lei (EUR5.6 billion) this year, following the merger with Volksbank Romania. more

09.03.2015

The merger between Romanian lender Banca Transilvania (TLV.RO) and Volksbank Romania (VB.RO) will be made through absorption, while Banca Transilvania’s share capital will not be changed and the more

08.31.2015

Romanian lender Banca Transilvania (TLV.RO) has received central bank approval to merge and absorb Volksbank Romania on December 31, 2015, the bank said Monday. more

08.26.2015

Raiffeisen Bank has come to an agreement to take over Germany’s Schwabisch Hall’s 33.3% stake in Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL). more

08.11.2015

Romanian lender Banca Comerciala Carpatica (BCC.RO) widened its loss in the first half of the year to RON15 million, from RON0.35 million in the same period last year, as its net revenue declined 40%, more

08.10.2015

Romanian lender Banca Transilvania (TLV.RO) Monday posted a net profit of 190.2 million lei (EUR43 million) for the first half of the year, up 5.1% from the same period of 2014. more

07.28.2015

Romania’s lender Banca Feroviara, majority owned by businessman Valer Blidar, named Razvan Radulescu and Radu Petrea as chief operations officer and chief business officer, respectively. more

07.24.2015

Romanian lender Banca Transilvania (TLV.RO) has completed an increase in share capital by 417.38 million lei, from RON2.608 billion to RON3.03 billion, by issuing 417.38 million new shares distributed more

07.20.2015

Romanian lender Banca Transilvania has revised upward its forecast on the country’s economic growth to 4.6%, from 4.1% previously, and expects the unemployment rate to stagnate this year and more

06.30.2015

Banca Romaneasca operations are developed under normal conditions, as they are not impacted by the Greek debt crisis, the bank’s general manager, Ioannis Kougionas, stated Tuesday. more

06.19.2015

Banca Comerciala Carpatica (BCC) will cut its share capital by RON204.49 million to RON110.13 million to cover losses, and will subsequently hike its share capital by RON110.1 million by issuing new more