03.03.2025

Vista Bank has announced on March 3 the agreement with Alpha Bank S.A. and Alpha International Holdings S.MS.A. 100% subsidiaries of Alpha Services and Holdings S.A., for the acquisition of the more

03.03.2025

Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the wake of which it has reached a 23% market share and more

02.26.2025

CEC Bank has received approval from the European Commission to increase its capital, while Exim Banca Romaneasca is still waiting for it, financial market sources say. more

02.25.2025

Raiffeisen Bank Romania, the sixth largest bank by assets, generated RON1.67 billion net profit in 2024, close to the 2023 level, while the bank’s assets rose by 17% to over RON82 billion. more

02.24.2025

Salt Bank, the first 100% digital Romanian bank, held by the Banca Transilvania Group, has more than 400,000 customers after ten months from its launch, and the target is to overshoot the 700,000 more

02.21.2025

State-run natural gas producer and supplier Romgaz (SNG.RO), made a term deposit without auto-renewal option, with the interest rate negotiated, with the Exim Banca Romaneasca on February 20, it said more

02.17.2025

ING Bank Romania raked in RON3.8 billion revenues in 2024, up 13% from the 2023 level. more

02.14.2025

Romania's central bank has decided at its Board meeting on Friday (February 14, 2025) to keep its key interest rate unchanged at 6.5% a year. more

02.05.2025

tbi bank plans to launch new MREL-eligible bond issues in Romania and Greece, alongside Bulgaria, aiming to raise a total of EUR60 to EUR80 million to support its rapid business growth from a more

02.04.2025

Bogdan Rotunjanu, with over 20 years of professional experience, will be joining ING Bank Romania as Chief Information Officer (CIO), starting April 1, 2025. more

01.29.2025

The factory by Raiffeisen Bank program, launched seven years ago to support beginner entrepreneurs, has provided funds for more than 560 businesses, of which 130 in 2024, with the total financing more

01.20.2025

3 out of 10 Romanians feel Blue Monday as one of the most difficult days of the year, and the main causes of emotional discomfort are cold weather, excessive spending during the holiday period and more

01.17.2025

The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the recently announced fiscal consolidation moves have led to more

01.16.2025

Romanian state-owned lender CEC Bank has selected Swiss-based banking software specialist Temenos to streamline its retail and corporate core banking systems. more

01.15.2025

The Romanian corporate branch of PKO Bank Polski, the leader of the Polish banking system, is starting operations on the local market in 2025. more

01.15.2025

Romania's central bank has decided at its Board meeting on Wednesday (Jan. 15, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more

01.13.2025

ING Bank expects the National Bank of Romania to keep the key rate at 6.50% at the upcoming January 15 meeting, given persistent inflationary risks, the bank said in a report on Monday (January 13, more

01.13.2025

Law firm Filip & Company legally assisted Credit Europe Bank Romania in the cross-border merger through absorption with the parent company, Credit Europe Bank N.V. of Netherlands. more

01.09.2025

Credit Europe Bank has completed the merger process with the Dutch parent bank Credit Europe Bank N.V. and starting January 1 operates in Romania as a branch of the Dutch bank, under the name of more

01.08.2025

Romania experienced robust economic growth between 2016 and 2021, resulting in a substantial reduction in poverty; the poverty rate ($6.85/day PPP) dropped by 14.7 percentage points to 7.1 percent, more

12.27.2024

Natural gas producer and supplier Romgaz (SNG.RO) on Friday announced having made a term deposit without auto-renewal option of RON170 million with Exim Banca Romaneasca. more

12.27.2024

Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency more

12.24.2024

Entrepreneurial company Grup Serban Holding (stock symbol: GSH), which operates in agriculture, has announced in a stock market report on Dec. 23 that it has successfully finalized the signing of its more

12.23.2024

UniCredit Bank, part of the UniCredit Group and one of the largest banking institutions in Romania, is listing a new corporate bond issue worth RON750 million on the Bucharest Stock Exchange (BVB), on more

12.20.2024

Real estate developer Impact Developer & Contractor (stock symbol: IMP) has concluded an agreement with Libra Internet Bank for the granting of a credit facility amounting to EUR7 million, the company more