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

06.20.2011

Alina Pascu has resigned from her position of deputy general manager at Romanian lender Banca Feroviara, controlled by businessman Valer Blidar, after just six months with the bank, said people close more

06.17.2011

The Greek banks on the local market--Bancpost, Alpha, Piraeus and Banca Romaneasca--have fed at least EUR1 billion into some of the most important real state projects carried out in Romania over the more

06.10.2011

Banca Romaneasca, the domestic subsidiary of the National Bank of Greece, rented 3,250 square meters in the Euro Tower office building, located at the intersection of Barbu Vacarescu and Lacul Tei more

05.27.2011

Banca Romaneasca, the local subsidiary of Greek financial group National Bank of Greece, forecasts a net loss of 86.3 million lei (over EUR20 million) in 2011 according to Romanian accounting more

05.12.2011

Banca Comerciala Carpatica (BCC.RO) posted a net loss of 13.5 million lei (EUR3.2 million) in the first quarter, narrower than RON57.44 million in the same period of 2010, the lender said Thursday. more

05.09.2011

Romanian lender Banca Romaneasca seeks a $50 million senior loan from the International Finance Corporation, or IFC, to credit small- and medium-sized firms for energy efficiency and renewable energy more

04.29.2011

Romanian lender Banca Transilvania (TLV.RO) Friday said its first quarter net profit nearly doubled on the year to 31.76 million lei (EUR7.8 million), on lower provisions and higher income from more