09.16.2021

OTP Bank Romania, part of Hungary’s OTP Group, targets a 5% increase in market share until 2024, from 2.65% at end-2020, and the option of an acquisition still stands, Roxana Hidan, deputy CEO of more

09.15.2021

The balance of mortgage loans granted by lender Alpha Bank Romania exceeded RON6.29 billion (EUR1.28 billion) at the end of June 2021. more

09.15.2021

Shareholders of lender Patria Bank (PBK.RO) will discuss, at their next general meeting of October 18, increasing the lender’s share capital by maximum RON19.73 million, up to RON331 million, by more

09.14.2021

Romania’s central bank BNR has approved the acquisition by the largest lender in the country, Banca Transilvania, of Poland’s Getin Holding’s stake in Idea Bank. more

09.08.2021

Lender First Bank (the former Piraeus Bank), held by US investment fund J.C. Flowers, on Wednesday reported a net profit of RON54 million for the first half of 2021, 2.5-fold higher on the year, and more

09.03.2021

Roxana Maria Hidan, Deputy Chief Executive Officer of OTP Bank Romania, is taking over as head of the bank’s new Business Division, which includes the operating activities for private individual and more

09.03.2021

A total 50,046 private individuals in Romania had more than EUR100,000 in bank deposits at the end of the first half of 2021, with a combined value of RON52.8 billion (some EUR10.8 billion), per more

08.30.2021

Lender ING Bank Romania on Monday said its total revenue grew 6% on the year, to RON1.1 billion, in the first half of 2021, while its gross profit grew 19% in the same period, to RON441 million. more

08.27.2021

Greek-owned Alpha Bank Romania, one of the top ten lenders in Romania, reported a pre-tax profit of EUR10.6 million for the first half of 2021, higher than RON2.1 million in the same period in 2020, more

08.26.2021

The Board of Directors of lender Patria Bank a(PBK.RO) approved in its meeting of August 26 the appointment of Luca Victor Rogojanu to the position of Deputy General Manager, Risk Division, member of more

08.23.2021

Credit Europe Bank Romania on Monday reported a net profit of RON20.5 million in the first six months of 2021, up 35.23% from the year-earlier period, and revenue of RON112 million, 10% lower on the more

08.11.2021

Romania’s annual inflation rate sped up in July to 5%, while from June 2021 consumer prices were up 1.0%, in line with data from the country’s statistics board. more

08.09.2021

Romania’s central bank has significantly revised its inflation forecast to 5.6% at the end of 2021, instead of the 4.1% estimated in May and to 3.4% in December 2022, 0.4% more, the report on more

08.09.2021

Vista Bank, the former Marfin Bank, owned by Greek-held Vardinogiannis group, has become the fifth bank on the Romanian market to introduce the instant inter-banking payment service, beside Banca more

08.06.2021

Romania's central bank decided on Friday (August 6) to hold the benchmark interest rate at a record low of 1.25% a year. more

08.04.2021

Romania’s Competition Council is looking into the transaction whereby Banca Transilvania, the largest lender in Romania, acquired in early June 2021, for EUR43 million, the entire ownership stake more

07.30.2021

Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a net profit of RON397 million in the first half of 2021, 42% higher compared with the same period in 2020. more

07.27.2021

Romania’s central bank (BNR) was designated by the European Union to coordinate, jointly with the Netherlands' Central Bank and the Bank of Lithuania, the implementation of a project targeting the more

07.26.2021

Romanian state-owned lender CEC Bank reported a preliminary net profit of RON208.4 million in the first half of 2021, up 13% from the same period in 2020 and above the budgeted level. more

07.22.2021

The non-bank financial system assets reached RON143.46 billion in 2020, an increase of 8% year-on-year and accounted for 13.59% of the GDP. This is a new high and 2.27% of it comes from the insurance more

07.12.2021

First Bank, held by US investment fund J.C. Flowers, has appointed Anca Petcu to the position of Chief Operations Officer (COO). more

07.12.2021

Eleni Skoura, executive director of the Retail Products & Segments division of BCR Erste, will take over the position of Head of Retail Banking and member of the Executive Committee of ING Bank more

07.07.2021

Developments in the pandemic continue to generate considerable uncertainties and risks to the inflation outlook, at least in the short run, amid a considerable slowdown in vaccination and the spread more

07.07.2021

Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, despite rising inflation. more

07.02.2021

Lender Raiffeisen Bank's second green bond issue, worth over RON1.2 billion, starts trading Friday on the Bucharest stock exchange under the ticker symbol RBRO28. more