02.16.2012

Romanian lender Banca Carpatica (BCC.RO) on Thursday reported a net loss of 31.54 million lei (EUR7.4 million) for 2011, compared with a negative result of RON154.47 million in the previous year. more

02.01.2012

Romanian lender Banca Transilvania (TLV.RO) Wednesday reported a preliminary net profit of 131.9 million lei (EUR31 million) for 2011, up 35% on the year, as provisioning costs fell, while net more

01.30.2012

Banca Transilvania (TLV.RO) has bought back 1.3 million of its own shares since the beginning of the year, paying 1.17 million lei (EUR272,000). The shares will be paid to employees and managers as more

01.20.2012

As soon as Romanian lender Banca Transilvania (TLV.RO) announced the resignation of its chief executive officer, the question on everybody’s lips was: why did Robert Rekkers leave? more

01.20.2012

Romanian lender Banca Transilvania (TLV.RO) Friday announced the resignation of its chief executive officer Robert Rekkers and his temporary replacement with board member Peter Franklin. more

12.22.2011

Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.67% of its shares in the first half of 2012, for an estimated 10.32 million lei (EUR2.4 million), under an employee loyalty program. more

12.08.2011

The progress of Banca Comerciala Carpatica (BCC.RO), controlled by Sibiu-based businessman Ilie Carabulea, will depend over the next year on how much the lender will consolidate by attracting a more

12.06.2011

The shareholders of Romanian lender Banca Carpatica (BCC.RO) on Tuesday appointed Silviu Popa as member of the Supervisory Board, replacing Emilia-Elena Uca, who resigned in May. more

11.10.2011

Romanian housing bank BCR Banca Pentru Locuinte on Thursday reported a net profit of 6 million lei (EUR1.38 million) for the first nine months of the year, and a 50% increase in the number of more

11.10.2011

Romanian lender Banca Comerciala Carpatica (BCC.RO) Thursday said its loss narrowed 78.3% to 24.97 million lei (EUR5.9 million) in the first nine months, aided by lower risk costs. more

10.27.2011

Lender Banca Transilvania (TLV.RO) on Thursday reported a net profit of 106.9 million lei (EUR25.4 million) for the first nine months of the year, up 53% from RON69.7 million in the same interval of more

10.25.2011

Romanian banks Banca Comerciala Romana (BCR) and Banca Transilvania (TLV.RO) could agree to a debt-to-equity swap at chemical company Oltchim SA (OLT.RO), the Economy Ministry said Tuesday. more

10.19.2011

Romanian lender Banca Transilvania (TLV.RO) has earmarked large amounts for investment in IT&C, but it has not managed to achieve its goal of replacing paper, Tiberiu Moisa, the bank's executive more

10.14.2011

Romanian state-owned hydropower producer Hidroelectrica took out a credit line worth 120 million lei (EUR27.75 million) from Banca Transilvania (TLV.RO) to fund working capital, the Economy Ministry, more

10.14.2011

The three Romanian banks listed on the Bucharest Stock Exchange were hit hard by the euro zone sovereign debt crisis, losing over 2 billion lei (EUR460 million) of their market value in the last two more

09.29.2011

Romanian lender Banca Transilvania (TLV.RO) plans to buy back 0.11% of its shares in a program aimed to motivate employees, the bank said in a statement Thursday. more

09.27.2011

Banca Carpatica (BCC.RO) could turn a profit this year after the growth rate of provisions slowed down significantly and loan sales rose, but the bank’s management is also thinking about continuing more

09.12.2011

Raiffeisen Capital & Investment on Monday reduced by 14.2% the one-year target price for Banca Transilvania (TLV.RO), to 1.2 lei (EUR0.28) from RON1.4, but maintained the “hold” recommendation. more

08.12.2011

Romanian lender Banca Comerciala Carpatica (BCC.RO) Friday said its loss narrowed 82.4% to 18.67 million lei (EUR4.3 million) in the first half, aided by lower provisioning costs. more

08.09.2011

BCR Banca pentru Locuinte, the housing finance unit of Romania’s largest bank BCR, reported a profit of 3 million lei (EUR0.7 million) in the first half, over threefold higher on the year, the more

08.03.2011

Analysts say there are signs of recovery in the results of listed banks, but have mixed opinions as to the growth potential of their shares, with some deeming them quite expensive. more

08.02.2011

Romanian brokerage house SSIF Broker (BRK.RO) Tuesday revised downward its 12-month target price for lenders BRD-Groupe Societe Generale (BRD.RO) and Banca Transilvania (TLV.RO), citing unfavorable more

08.01.2011

Romanian lender Banca Transilvania (TLV.RO) Monday said its first-half net profit nearly doubled on the year to 65.6 million lei (EUR15.5 million), on lower provisioning and higher income from more

07.22.2011

Fitch Ratings has affirmed its rating on Romanian lenders Banca Transilvania (TLV.RO), UniCredit Tiriac Bank and ProCredit Bank Romania, the agency said in a statement Friday. more

07.04.2011

The Bucharest Court on Monday acquitted the management of Banca Transilvania (TLV.RO), clearing it of insider trading charges in a case regarding trades with the bank's stock, which allegedly caused more