03.06.2013

Romanian Energomontaj will take a two-year of 145 million lei (EUR33 million) from a consortium of four local banks, to finance its operations and guarantee the company’s development projects, more

02.20.2013

Bancpost and Banca Romaneasca may start preparing for the merger that will create a sounder top ten bank in Romania after the official announcement about the successful bid of National Bank of Greece more

02.19.2013

Romanian lender Banca Transilvania (TLV.RO) has promoted three executive managers to the position of deputy chief executive officer, the bank said in a statement Tuesday. more

02.15.2013

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday reported a net profit of 25 million lei (EUR5.6 million) for 2012, from a net loss in the previous year. more

02.12.2013

Romanian lender Banca Transilvania (TLV.RO) Tuesday said its net profit rose 40% to 320.4 million lei (EUR72.8 million) in 2012, on higher operating revenue. more

02.01.2013

The supervisory board of Romanian lender Banca Comerciala Carpatica (BCC.RO) has appointed Johan Gabriels as chief executive officer and chairman of the Executive Board, the bank said in a statement more

12.21.2012

Horia Ciorcila, managing board chairman at Romanian lender Banca Transilvania (TLV.RO), will coordinate the bank’s business and its Executive Management Committee, replacing Peter Franklin, the bank more

12.18.2012

Magdalena Manea has been elected member in the supervisory board of Romanian lender Banca Comerciala Carpatica (BCC.RO), the bank said Tuesday. more

10.29.2012

Romanian lender Banca Transilvania (TLV.RO) Monday said its net profit rose 30% to 265.4 million lei (EUR59.8 million) in the first nine months, on higher revenue from net fees and interests. more

10.26.2012

Market analysts estimate on average that Banca Transilvania (TLV.RO) will report net profit of 248.4 million lei (EUR54.2 million) in the first nine months, up 21.4% on the year. Participants in the more

10.22.2012

The European Bank for Reconstruction and Development has extended a EUR20 million loan to Romanian lender Banca Transilvania (TLV.RO) for on-lending to small- and medium-sized enterprises, EBRD said more

10.18.2012

Romanian lender Banca Transilvania (TLV.RO) plans to sell seven-year convertible bonds to raise EUR30 million, according to the general conditions of the bond which were published on the bank’s more

10.12.2012

Ion Dobrica has been appointed interim general manager of Romanian lender Banca Comerciala Carpatica (BCC.RO) to replace Nicolae Surdu, whose three-year term has expired. more

10.12.2012

The merger of Greek-held Bancpost and Banca Romaneasca as part of an international transaction will create the 7th largest bank in Romania after the shareholders of the two banks, National Bank of more

09.14.2012

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) Friday said Alexandru Ciobanu has resigned from his position of president of the Board, his duties being taken over by the other two more

08.21.2012

BCR, BRD and Banca Transilvania, the three largest banks on the Romanian market, spent more than 1.8 billion lei (EUR0.4 billion) on employee salaries last year. This means 56% to 59% of the total more

08.14.2012

Romanian lender Banca Comerciala Carpatica (BCC.RO) has swung to a pretax profit of 11.9 million lei (EUR2.7 million) in the first half versus losses a year earlier, the bank said in its financial more

08.01.2012

Romanian lender Banca Transilvania (TLV.RO) Wednesday said its net profit rose 47% on the year to 179.6 million lei (EUR40.9 million) in the first half, fueled by a 12% increase in operating income. more

07.25.2012

Romanian lender Banca Transilvania will give loans to farmers covering 90% of the value of subsidies granted through the single payment scheme for 2012, the lender said in a press release Wednesday. more

06.11.2012

Fitch Ratings on Monday downgraded Romanian lender Banca Romaneasca's (BROM.RO) long-term issuer default rating to "B-," with negative outlook, because of the bank's dependence on its parent, National more

05.24.2012

Romanian lender Banca Transilvania (TLV.RO) took over 6.91% in brokerage firm SSIF Broker (BRK.RO) from businessman Ioan Cartis in a debt-to-equity deal, the broker said in a statement Thursday. more

05.02.2012

Paradoxically, for lender Banca Transilvania, the crisis has become the best opportunity for growth on the banking market, while the other entities have pulled back from the lending market more

04.30.2012

Romanian lender Banca Transilvania (TLV.RO) Monday said its first quarter net profit rose 73% to 91.8 million lei (EUR21.1 million), on lower provisions. more

04.27.2012

The shareholders of Romanian lender Banca Transilvania (TLV.RO) on Friday approved increasing the bank's share capital by 129.3 million lei (EUR29.5 million), to RON1.903 billion, and launching a more

04.27.2012

Romanian Banca Transilvania (TLV.RO) treasurer Luminiţa Runcan has been appointed deputy general manager and approved by the bank's board on Thursday. more