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

06.19.2015

Western Union Company, MasterCard and Banca Transilvania closed a deal that will enable remittances originated from nearly anywhere across the globe to be received on Maestro and MasterCard consumer more

06.18.2015

Banks and clients need to remember the lessons learned during the crisis but shouldn't go forward always looking in the rearview mirror, as the crisis has ended and entrepreneurs are starting to trust more

06.18.2015

Horia Ciorcila, president of Banca Transilvania (TLV.RO) and the main individual shareholder, sold Wednesday a stake of 23 million Banca Transilvania shares worth approximately EUR11 million. more

06.09.2015

The main challenge of Banca Transilvania is keeping costs under control, given the takeover of Volksbank, Omer Tetik, Banca Transilvania president, told ZF Bankers Summit ’15. more

06.04.2015

Fitch Ratings has upgraded the rating of Romanian lender Banca Transilvania (TLV.RO) to 'BB' from 'BB-', while affirming the ratings of UniCredit Tiriac Bank, ProCredit Bank Romania and Garanti Bank, more

05.08.2015

Banca Comerciala Carpatica (BCC) on Friday said it switched to profit in the first quarter of 2015, posting a positive of nearly RON0.65 million, from a loss of nearly RON1 million in the same period more

04.30.2015

Romanian lender Banca Transilvania (TLV.RO) Thursday reported a net profit of 151.5 million lei (EUR34.3 million) for the first quarter, up 46.5% on the year-earlier period. more

04.30.2015

Shareholders of Banca Transilvania (TLV.RO) approved Wednesday the bank’s share capital increase by RON417.38 million (EUR94.7 million) to RON3.03 billion, from the current RON2.608 billion. more

04.22.2015

Romanian housing bank Raiffeisen Banca pentru Locuinte (RBL) reported a net profit of over RON1.7 million in 2014, up 4% on the year, while the number of clients rose 10% to 217,000, the bank said more

04.07.2015

Romanian lender Banca Transilvania (TLV.RO) completed Tuesday the acquisition of Volksbank Romania, in a deal valued at more than 710 million euros. more

03.25.2015

Romanian lender Banca Transilvania (TLV.RO) plans to raise its share capital by 417.38 million lei (EUR94.7 million), by including part of its reserves, the bank said in a statement Wednesday. more

03.17.2015

Banca Transilvania (TLV.RO) announced Tuesday that it received all approvals from Romania’s Competition Council and the central bank (BNR) to take over Volksbank Romania. more

03.03.2015

Romanian lender Banca Romaneasca, member of National Bank of Greece group, estimates it will grant mortgage loans worth RON124 million under the state guaranteed mortgage lending First Home program more

02.23.2015

Banca Transilvania (TLV.RO) targets an increase of 8% in loans granted to small and medium-sized businesses, to RON10.8 billion, from RON6.83 billion last year. more

02.13.2015

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said it switched to 170 million lei (EUR38.2 million) loss in 2014, from RON38.4 million profit a year before, after booking additional more

02.13.2015

Romanian lender Banca Transilvania (TLV.RO) Friday reported a 19.5% rise in its net profit for 2014, as increased lending activity led to a higher operating income. more

12.21.2014

Romanian lender Banca Comerciala Carpatica (BCC.RO) on Friday rejected Nextebank’s merger offer and authorized the bank’s management to hike the share capital by maximum RON155 million (EUR34.67 more

12.18.2014

Impact Developer&Contractor, controlled by businessman Gheorghe Iaciu, contracted two loans, totaling RON18 million (EUR4 million), from lender Banca Transilvania (TLV.RO) to develop Greenfield 2 more