05.31.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) recruited two new deputy general managers, Cosmin Bucur and Elena Badeanu, who both served as executives at RBS Bank Romania. more

05.31.2013

Romanian lender Banca Transilvania (TLV.RO) has invested a total EUR10 million in the construction of an office building and a data center in industrial park Tetarom I in Cluj, northwestern Romania. more

05.23.2013

Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more

05.22.2013

Romanian lender Banca Transilvania (TLV.RO) has raised EUR30 million at a seven-year convertible bonds sale, in line with its initial target, the bank said in a statement Wednesday. more

05.17.2013

Romanian lender Banca Transilvania (TLV.RO) raised EUR29.4 million in a convertible bond sale, after International Finance Corporation subscribed bonds worth EUR18.9 million in the second stage of the more

05.16.2013

Romanian lender Banca Romaneasca lent EUR8 million to firm Blue Sand Investment, part of Tiriac Holdings, to develop a EUR13.6 million photovoltaic park in Prahova county, southern Romania. more

05.15.2013

Credit Europe Bank Romania has appointed its chief control officer Mirela Bordea as interim CEO after Omer Tetik left the bank to take on the CEO position at Banca Transilvania (TLV.RO), the bank said more

05.15.2013

The main goal of Omer Tetik, announced as the new chief executive officer of Banca Transilvania on Tuesday, will be to boost the market share to over 10% from the current 8%. more

05.14.2013

The European Bank for Reconstruction and Development has subscribed bonds worth EUR4.4 million in a subordinated unsecured convertible bond issue of Romanian lender Banca Transilvania (TLV.RO) by more

05.14.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) Tuesday said its first-quarter net profit rose 75% on the year to 14.9 million lei (EUR3.44 million), on higher revenue from lending operations. more

05.14.2013

Credit Europe Bank Romania president Omer Tetik has been appointed chief executive officer of Romanian lender Banca Transilvania (TLV.RO). more

05.09.2013

Romanian lender Banca Transilvania (TLV.RO) Thursday said its seven-year convertible bonds sale drew roughly EUR10.5 million from shareholders during a preference right bid ended May 8. more

05.01.2013

Omer Tetik, Chief Executive Officer of Credit Europe Bank Romania, will be appointed general manager at Romanian lender Banca Transilvania (TLV.RO), market sources told MEDIAFAX Wednesday. more

04.30.2013

Romanian lender Banca Transilvania (TLV.RO) on Tuesday said its net profit fell by 8% to 84.4 million lei (EUR19.2 million) on the year in the first quarter of 2013. more

04.25.2013

Romania's renewable energy sector is not at risk of becoming the next speculative bubble, as it happened with the real estate market a few years ago, because it is “closely monitored” and more

04.18.2013

Romania’s central bank has authorized the appointment of Johan Gabriels as chief executive officer of lender Banca Comerciala Carpatica (BCC.RO), the latter said in a statement Thursday. more

04.18.2013

Banca Transilvania (TLV.RO) is the only investor that actually wants to buy Bank of Cyprus’ entire Romanian portfolio, while Raiffeisen is only interested in part of the loans, banking sources say. more

04.17.2013

Banca Transilvania (TLV.RO) and Raiffeisen Bank are the only banks that had submitted firm offers to take over the portfolio of assets and liabilities of the Romanian subsidiary of Bank of Cyprus, more

04.11.2013

Fitch Ratings Thursday affirmed its ratings on Romanian lender Banca Romaneasca and simultaneously withdrew them after the bank stopped participating in the rating process. more

04.09.2013

Bancpost and Banca Romaneasca, which were set to merge into a bank with EUR4 billion assets ranking 7th on the Romanian market, will remain two separate entities for the time being after the merger more

04.04.2013

Romanian lender Banca Transilvania (TLV.RO) wants to raise EUR30 million at its planned seven-year convertible bonds sale, market participants told Mediafax Thursday. more

04.02.2013

Banca Transilvania (TLV.RO) has placed a non-binding bid to buy the operations of the Romanian branch of Bank of Cyprus, market sources told ZF. more

03.29.2013

Romanian lender Banca Transilvania (TLV.RO) forecasts a gross profit of 388 million lei (EUR87.98 million), up 14.5% from RON340 million a year before, according to a budget draft under debate by the more

03.28.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) estimates its net profit will rise 34.8% to 33.7 million lei (EUR7.6 million) in 2013, helped by fewer costs with interest rates, the bank said in more

03.27.2013

Romanian lender Banca Transilvania (TLV.RO) plans to increase its share capital by 303.39 million lei (EUR60 million) to RON2.2 billion by capitalizing retained earnings from the previous year, the more