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Results 151 - 175 from 2639 for "bank"

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  • Nor Real Estate Gets EUR21M Loan From OTP Bank Romania For Office Project In Bucharest

    07.09.2024

    OTP Bank Romania has concluded a EUR21 million financing agreement with Nor Real Estate, part of Atenor Group, for the development of Phase 1 of @Expo project, an office building located in more

  • tbi bank Decides to Reinvest Entire 2023 Profit of EUR42.5M

    07.05.2024

    tbi bank, active in Bulgaria, Romania, Greece, Germany and Lithuania, has decided to reinvest its entire net consolidated profit of 2023, worth RON42.5 million. more

  • Romanian Central Bank Cuts Key Rate To 6.75% A Year From 7% A Year

    07.05.2024

    Romania's central bank has decided at its Board meeting on Friday (July 5) to lower its benchmark interest rate to 6.75% a year from 7% a year, starting July 8. more

  • ING Bank Grants EUR150M Loan To Digi

    06.27.2024

    ING Bank provided Digi Romania and Digi Communications, the parent company of the telecom operator, a EUR150 million funding for three years from the first use, which the group will put toward more

  • Romania's Central Bank Unveils Official Ranking Of Ten Largest Banks In 2023

    06.20.2024

    The official ranking of the ten largest banks in Romania in 2023, published by the country's national bank BNR in the annual report for 2023, lists Banca Transilvania as leader last year, being more

  • Romania Central Bank's 2023 Profit Hits 14-Year High, At RON2.4B

    06.20.2024

    Romania's central bank reported profit of RON2.4 billion for 2023, the highest level of the last 14 years and more than double the profit recorded in 2022. more

  • BNR Okays Porsche Bank Acquisition by Altex Owner Dan Ostahie

    06.19.2024

    Romania’s central bank (BNR) has approved the direct acquisition by Dan Ostahie (90.10%), Altex owner, and Real Estate Srl (9.89) of the 100% stake in the share capital and voting rights of Porsche more

  • Libra Internet Bank Sees Romania's GDP Growing 2.6%, Key Rate Falling To 6.25%, Annual Inflation Dropping To 4.5% In 2024

    06.19.2024

    Libra Internet Bank expects Romania's gross domestic product (GDP) to grow 2.6% in 2024, Lucian Anghel, the bank's deputy chief executive officer and chief economist, told a press conference. more

  • Raiffeisen Bank Launches MoonShotX To Support Companies Scale Up Their Businesses Regionally

    06.17.2024

    Raiffeisen Bank Romania is launching MoonShotX, a project aimed at supporting companies with a turnover between EUR5 million and EUR50 million (Mid-Corporate) to scale up their businesses regionally. more

  • UniCredit Bank Acts As Joint Global Coordinator And Bookrunner In Nearly EUR291M Financing For Rezolv Energy-Low Carbon JV's Wind Energy Project

    06.14.2024

    UniCredit Bank has completed a syndicated transaction as Joint Global Coordinator and Bookrunner, consisting of a financing package of up to EUR291 million for First Look Solutions SRL, a more

  • Credit Europe Bank Romania To Continue Its Activity On Local Market As Branch Office Of Parent Company

    06.10.2024

    The cross-border merger by absorption of Credit Europe Bank Romania S.A. into Dutch parent company Credit Europe Bank N. V. was initiated and, after the merger, the former will continue its activities more

  • UniCredit Bank, Endeavor Romania Partner Up To Ease Access To Financing Of Firms Founded By Romanian Entrepreneurs

    06.05.2024

    Endeavor Romania and UniCredit Bank have concluded a strategic partnership which will facilitate the access to financing and resources for companies founded by Romanian entrepreneurs. more

  • Romania Forex Reserves Grow To EUR65B In May 2024

    06.03.2024

    Romania's foreign exchange reserves stood at EUR65.07 billion at end-May 2024, higher by EUR2.5 billion compared with EUR62.5 billion recorded in April 2024, central bank data showed on Monday (June more

  • Clifford Chance Badea Assists JC Flowers & Co in Completing Sale of First Bank to Italy’s Intesa

    06.03.2024

    Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has assisted J.C. Flowers & Co. in finalizing the sale of First Bank to Italian group Intesa, thus marking the exit of more

  • Italy's Intesa Sanpaolo Group Officially Completes Acquisition Of First Bank Romania

    05.31.2024

    Italy's Intesa Sanpaolo Group has officially completed the acquisition of First Bank Romania from US private investment firm J.C. Flowers, and thus climbs in the ranking of ten largest banks in more

  • Raiffeisen Bank To Inaugurate New Finance And Banking Tech & Software Development Center In Romania, On July 1

    05.29.2024

    Raiffeisen Bank will be inaugurating Raiffeisen Tech, the new finance and banking tech and software development center in Romania, on July 1, 2024, the parent group informed in a release on Wednesday more

  • Golden Food Snacks Borrows RON2.8M From CEC Bank

    05.23.2024

    Golden Food Snacks, the producer of the ELMAS seeds, has borrowed RON2.8 million from Romanian state-run lender CEC Bank, as per a stock market report. more

  • Central Bank: Romania's Annual Inflation Rate Expected To Decline To 4.9% In Dec 2024 vs Previous Prediction Of 4.7%

    05.23.2024

    Romania's annual inflation rate is expected to decline to 4.9% in December 2024, from a previous projection of 4.7%, and to fall only marginally inside the variation band of the target at the end of more

  • Black Sea Trade and Development Bank Increases Share Capital By 35% To Over EUR3B

    05.23.2024

    The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) has completed the subscription process for the Bank’s second capital increase during a special meeting held in Ankara, more

  • tbi bank Signs Partnership Deal With Safety Broker Enabling Customers To Buy Insurance

    05.17.2024

    tbi bank has signed a partnership agreement with Safety Broker, whereby customers can buy insurance, including auto liability insurance RCA, through the Buy Now, Pay Later (BNPL) solution, in four more

  • Alpha Bank Romania Reports EUR16M Net Profit in Q1/2024, Up 45%

    05.17.2024

    Alpha Bank Romania in the first quarter of 2024 registered EUR16 million net profit, up 45%, while the bank’s assets reached EUR4.7 billion, 8% higher than in the previous year. more

  • Patria Bank almost Triples Profit in Q1/2024, To RON8M

    05.16.2024

    Patria Bank in the first three months of 2024 recorded net profit worth RON8 million, up 171% from the year-earlier period. The result incorporates the new tax on turnover of 2% applicable to credit more

  • Romgaz Hires Biggest US Bank JPMorgan To Lead Bank Consortium Set to Handle Bond Sale on External Market

    05.16.2024

    Romania’s state-owned natural gas producer Romgaz has selected JPMorgan, America’s largest bank, to lead the bank consortium that will intermediate bond issues abroad, financial market sources more

  • Romania's Central Bank Further Holds Key Rate Steady At 7% a Year

    05.13.2024

    Romania's central bank has decided at its Board meeting on Monday (May 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's fourth consecutive rate freeze in 2024 and the more

  • APS and EBRD Buy EUR400M Worth of NPLs in Romania from Piraeus Bank

    05.13.2024

    The European Bank for Reconstruction and Development (EBRD) and APS, a leading non-performing loan (NPL) management firm in Europe, are jointly investing in a funded participation concerning a more

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