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

12.20.2024

CEC Bank, the third largest bank in Romania by assets, is listing on Friday (Dec.20), on the Regulated Market of the Bucharest Stock Exchange (BVB) a EUR300 million issue of senior non-preferred more

12.19.2024

Real estate holding Meta Estate Trust has contracted an almost EUR1 million loan from Patria Bank to refinance 60% of its investment in Swissôtel project of Poiana Brasov. more

12.18.2024

The shareholders of Banca Transilvania (stock symbol: TLV) have approved BT’s merger with OTP Bank Romania within the Extraordinary General Meeting of Shareholders held on Wednesday (Dec. 18). more

12.18.2024

Banca Comerciala Romana (BCR) and Erste Group Bank AG have provided EUR107.23 million financing to Enery, a key player in the renewable energy sector in Central and Eastern Europe. more

12.18.2024

Salt Bank, the first Romanian neobank, fully owned by Banca Transilvania Financial Group, has gone beyond 330,000 clients after the first eight months since launch on the local market, aiming to reach more

12.17.2024

The European Investment Bank (EIB) is lending EUR200 million to Distributie Energie Electrica Romania (DEER), the distribution operator of Electrica Group, to upgrade its electricity distribution more

12.16.2024

The average budget for Christmas gifts in 2024 reaches RON700 at most for six in ten Romanians, similar with last year's budget, according to a nationwide survey carried out at the initiative of tbi more

12.12.2024

The shareholders of electricity supplier and distributor Electrica (stock symbol: EL) approved the provision of a guarantee for a term loan of up to EUR200 million that Electrica's subsidiary, more

12.10.2024

Mircea Cotiga, with 16 years of experience in the financial sector and six years as entrepreneur, has taken over the position of Chief Financial Officer (CEO) and member in the Board of Directors of more

12.10.2024

Romania's central bank has announced in a press statement on Dec.10 that its Board of Directors approved on September 30, 2024 the Internal Regulation on the general framework for emergency liquidity more

12.06.2024

Salt Bank, the first Romanian neobank, has won the award for Best Use of Tech in Retail Banking at London Banking Tech Awards 2024, with the banking boasting a completely digital banking solution more

12.05.2024

Clifford Chance Badea and Clifford Chance Frankfurt have assisted Erste Group Bank A.G. and ING Bank N.V. as Joint Lead Manager and Co-Arrangers, and BT Capital Partners, as Co-Manager, in the deal more

12.04.2024

tbi bank, one of the leading challenger banks in Southeast Europe, has announced the appointment of Costin Mincovici, the bank’s Chief Credit Risk Officer, to the bank's Management Board. more

12.04.2024

CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of irrigable more

12.02.2024

Global law firm Dentons has announced in a press statement on Dec 2 that it has advised CEC Bank on the update of its existing Medium-Term Note (MTN) Program followed by the raising of EUR300 million more

11.28.2024

Vista Bank (formerly Marfin) wants to raise cash over the next five years via senior, subordinated and convertible corporate bonds, denominated in euros, lei or another currency, with a maximum more

11.27.2024

ING Bank Romania ended the first nine months of 2024 with RON2.83 billion revenues, up 13.5% from the year-earlier period, while its loan portfolio grew by 16%. more

11.22.2024

tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker DAW Management, whereby customers can buy insurance, including auto liability insurance more

11.22.2024

CEC Bank has successfully closed a new bond issue worth EUR300 million on international markets, through a issue of Senior Non- preferred MREL Eligible Notes. more