03.24.2025

The European Commission has concluded that Romania’s EUR200 million (RON1 billion) recapitalization of fully state-owned CEC Bank does not constitute state aid within the meaning of the EU state aid more

03.19.2025

Raiffeisen Bank S.A. (the Bank) has informed investors on March 19 that Moody’s Rating Agency affirmed Baa1 for the long term deposit rating and for the senior unsecured bond rating and Baa2 for more

03.19.2025

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, reported net profit of EUR50 million for 2024, up 18% from 2023, as per more

03.17.2025

More than 86,000 individuals in Romania had more than EUR100,000 in bank deposits or a total of almost RON92 billion (some EUR18 billion) at the end of 2024, the latest statistics from the Bank more

03.12.2025

Andrei Stamatian, CEO of Republic of Moldova’s EnergBank, has received approval from Romania’s central bank to become a member of the Board of Directors of Libra Bank, replacing entrepreneur more

03.12.2025

Salt Bank, the first 100% digital Romanian bank, has already reached assets of above RON1 billion and expects to go beyond RON3 billion at yearend. more

03.06.2025

Law firm Clifford Chance Badea has advised Alpha Bank S.A. and Alpha International Holdings S.MS.A. in connection with the 100% sale of Alpha Leasing Romania IFN and Alpha Insurance Brokers to Vista more

03.05.2025

Libra Internet has granted financing of over EUR10 million for the development of the Alenia Botanic Park residential project in Romania's western city of Timisoara, carried out by Botanic Living, more

03.03.2025

Romania's foreign exchange reserves stood at EUR62.5 billion at the end of February 2025, higher by EUR1.75 billion than the EUR60.8 billion level reported on January 31, 2025, Romania’s central more

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