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Results 501 - 525 from 2662 for "bank"

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  • TBI Bank Teams Up With Spotawheel To Simplify Car Buying For Customers In Romania And Greece

    07.07.2022

    TBI Bank, the largest provider of Buy Now Pay Later (BNPL) solutions, has concluded a partnership with Spotawheel, one of the fastest growing used cars platforms in Europe, to help customers from more

  • Central Bank: Romanians’ Real Estate Assets Up Almost 21% In 2020 And 2021

    07.07.2022

    Romanians’ real estate assets have continued to grow in 2020 and 2021, the two years of the COVID-19 pandemic, by RON360 billion, respectively 20.7% above the 2019 level, reaching a record high of more

  • Three-Month ROBOR Spikes To 6.76% On July 7 After Central Bank Raises Key Rate To 4.75%

    07.07.2022

    Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, has increased to 6.76% a year on more

  • Romanian Central Bank Sees Annual Inflation On Upward Trend Until Mid-Q3/2022, But At A Visibly Slower Pace

    07.06.2022

    Romania’s central bank expects the annual inflation rate will stick to an upward path until mid-Q3, yet at a visibly slower pace, thus climbing moderately above the levels projected in May 2022 over more

  • Romania Central Bank Raises Key Rate To 4.75% A Year

    07.06.2022

    Romania's central bank on Wednesday (June 6) raised its benchmark interest rate to 4.75% a year from the current rate of 3.75% a year, starting July 7, 2022. more

  • Raiffeisen Bank Nominates Alina Rus As CFO And Executive Board Member

    07.05.2022

    Raiffeisen Bank’s Supervisory Board has appointed Alina Rus as Chief Financial Officer (CFO) and member of the Executive Board. more

  • Romania Central Bank Reports RON2.01B Profit For 2021

    07.04.2022

    Romania’s central bank reported a profit of RON2.01 billion in 2021, down 1% from 2020, of which RON1.6 billion will go to the state budget, representing 80% of the bank’s net revenues, more

  • Libra Internet Bank Set To Issue Bonds Worth EUR10M Tops

    06.29.2022

    The Executive Board of Libra Internet Bank, with bonds traded at the Bucharest Stock Exchange under the stock tickers LIBRA28E and LIBRA30E, approved on June 28 the main features for a new bond issue, more

  • Kruk: Bad Debt Held by Romanian Banks Reaches EUR3.4B in 2021

    06.29.2022

    The bad debt held by Romanian banks amounted to EUR3.4 billion last year and EUR339.5 million worth of unsecured retail and corporate loan portfolios were sold on the Romanian market, debt collector more

  • OTP Bank Sees Romania’s Economy Growing By 4% In 2022

    06.24.2022

    OTP Bank expects Romania’s economy to increase by 4% in 2022 and to slow down its growth pace to 3.5% in 2023, the lender said in a report. more

  • Raiffeisen Bank Takes Its Third Green Bonds Issue To Bucharest Stock Exchange

    06.24.2022

    Raiffeisen Bank, key player in the Romanian banking sector, is listing a new issue of green bonds, worth RON525 million, at the Bucharest Stock Exchange, on Friday (June 24). more

  • ING Bank Granted Over EUR25M Investment Loans To Boromir Group In Last Three Years

    06.23.2022

    ING Bank Romania has granted investment loans worth over EUR25 million over the last three years to Boromir, the largest Romanian-held business in the milling and bakery sector. more

  • Nuclearelectrica Makes Nearly RON400M Term Deposit With CEC Bank

    06.23.2022

    Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON393.35 million, the company informed its shareholders and investors via a more

  • CEC Bank Lends EUR5M To RAAL Bistrita To Back Its Current Activity

    06.22.2022

    Romania's state-owned lender CEC Bank has recently granted a loan of EUR5M to cooling systems manufacturer RAAL Bistrita to support the company’s current activity. more

  • LIBERTY Steel Group Reaches Standstill Agreement With Its Main Creditor, Greensill Bank

    06.15.2022

    LIBERTY Steel Group, which includes LIBERTY Galati, the largest steel producer in Romania, has reached a standstill agreement with Greensill Bank, its largest creditor, on the debt facilities relating more

  • Raiffeisen Bank Raises RON525M Via Green Bond Issue

    06.10.2022

    Raiffeisen Bank, one of the largest lenders in Romania, on Friday said it raised RON525 million from stock market investors through an issue of green bonds with a five-year maturity and an annual more

  • Alpha Bank Romania Joins IMM Prod, Garant Construct, Rural Invest And Innovation Programs

    06.06.2022

    Alpha Bank Romania joins the four new governmental programs whose main priorities are to dynamize local production, support constructions, including the “green” area, to stimulate productivity and more

  • Mihail Ion To Run Raiffeisen Bank’s New Capital Markets And Private Banking Division

    05.31.2022

    Raiffeisen Bank on Tuesday said it appointed Mihail Ion to run its new Division of Capital Markets, Investment Banking and Personal Financial Planning Division. more

  • Czech APS Buys From Bank of Cyprus A Portfolio Of Romanian EUR147M NPLs

    05.30.2022

    APS, a debt recovery company headquartered in the Czech Republic, has announced the acquisition from the Bank of Cyprus Group of a portfolio of Romanian non-performing loans (NPLs) and repossessed more

  • Alpha Bank Romania’s Operating Profit Doubles YoY To EUR5.6M In 1Q/2022

    05.27.2022

    Alpha Bank, ranked among the top ten largest lenders in Romania by assets, on Friday reported an operating profit of EUR5.6 million for the first quarter of 2022, up 143% from EUR2.3 million in the more

  • Romania's Central Bank Sets Up Payments Committee

    05.23.2022

    The Board of Directors of Romania’s central bank has established a Payments Committee. more

  • Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023

    05.20.2022

    The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach more

  • CEC Bank Posts RON54.2M Net Profit in Q1

    05.20.2022

    CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago period, higher than the overall banking system’s more

  • URBB Takes Out Over EUR20M Loan From ING Bank Romania

    05.19.2022

    United Romanian Breweries Bereprod (URBB), a brewer whose portfolio includes brands such as Tuborg, Carlsberg and SKOL, has contracted a loan of over EUR20 million from ING Bank Romania, which will be more

  • Instant Factoring, TechVentures Bank Team Up To Support SMEs In Romania

    05.17.2022

    Instant Factoring, the first Romanian startup providing online microfactoring for small and medium-sized enterprises (SMEs), and Romanian lender TechVentures Bank have concluded a partnership to more

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