03.08.2024

Romania was among the top beneficiaries of the European Investment Bank (EIB) Group's support in 2023 relative to the size of its economy, considering that new financing committed in 2023 reached a more

03.08.2024

Alpha Bank Romania, among the 10 largest banks in Romania by assets, for 2023 reported EUR38 million net profit, 15% higher than in 2022, amid the strong commercial activity and efficient cost and more

03.07.2024

The shareholders of Credit Europe Bank Romania will convene in extraordinary general meeting towards the end of March 2024 to discuss “the approval in principle of the initiation and participation more

03.01.2024

Romania's foreign exchange reserves stood at EUR63.12 billion at end-February 2024, compared to EUR61.41 billion on January 31, 2024, central bank data showed on Friday (March 1, 2024). more

02.26.2024

Revolut is entering the bank deposit market in Romania and rolling-out annual interest-bearing in-app savings accounts to its over 3.5 million customers in Romania. more

02.26.2024

Building materials manufacturer TeraPlast Bistrita (TRP.RO) has announced on Monday (Feb 26) the conclusion of an issuer market maker agreement with Raiffeisen Bank International AG (RBI). more

02.26.2024

Romania's central bank predicts a more pronounced acceleration of the country's economic growth in 2024 and 2025 than in previous forecasts, amid a slowdown in inflation and the recovery of external more

02.26.2024

tbi bank, a mobile-first challenger bank in South East Europe, has appointed Alex Garmash to the position of Merchant Ecosystem Leader. more

02.22.2024

Raiffeisen Bank Romania in 2023 posted income worth RON3.7 billion, up 16%, and net profit worth RON1.7 billion, 39% higher than in 2022. more

02.16.2024

ING Bank Romania supported bonds and loans (syndicated or bilateral) of more than EUR1 billion in sustainable transactions in 2023, compared to over EUR600 million mobilized in bonds and loans more

02.14.2024

Romania's economy may accelerate in 2024 up to nearly 2.8%, driven by household expenditures and a gradual rebound in exports, while investment growth will remain solid, in line with an analysis by more

02.13.2024

Romania's central bank has decided at its Board meeting on Tuesday (February 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's ninth consecutive rate freeze. more

02.12.2024

Filip & Company team granted legal assistance to Banca Transilvania in the signing of documents for the acquisition of OTP Bank Romania, OTP Leasing and OTP Asset Management. more

02.09.2024

Romania’s banking system hit a record high profit of RON13.7 billion in 2023, up nearly 34% from 2022, in line with preliminary data from the country's central bank. more

02.09.2024

Banca Transilvania (BT.RO) has officially announced in a stock market report on Friday (Feb 9) the acquisition of OTP Bank Romania and of the leasing and asset management companies within OTP Romania more

02.08.2024

The factory by Raiffeisen Bank program, launched six years ago to support beginner entrepreneurs, has provided funds for more than 430 businesses, with the total financing value nearing EUR24 million, more

02.07.2024

The Board of Directors of the European Investment Bank (EIB) has approved EUR3.2 billion of new financing to support clean energy, transport, corporate research and development, and business more

02.06.2024

Italian group UniCredit for 2023 reported EUR286 net profit from Romania operations, up over 44% from 2022, amid rising lending and revenues. more

02.02.2024

Most Romanian homeowners (83% of those surveyed) say they have taken measures to improve the energy efficiency of their homes in the last three years, mainly by improving thermal insulation and by more

02.02.2024

Libra Internet Bank granted RON82.7 million funding to Glodeni Energy, part of the portfolio of DTEK Renewables International (DRI), a private energy investor of Ukraine, for the construction of green more

02.01.2024

Romania's foreign exchange reserves stood at EUR61.4 billion on January 31, 2024, compared to EUR59.7 billion on December 31, 2023, central bank data showed on Thursday (February 1). more

01.25.2024

In 2023, the European Investment Bank Group signed new financing contracts for close to EUR88 billion for high-impact projects in EU policy priorities, including climate action, sustainable more

01.22.2024

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Jan.22) announced its shareholders in a stock market report that it opened a term deposit with state-run lender CEC Bank, in the more

01.18.2024

Alpha Bank Romania launched at the beginning of 2024 the identity verification function of the recipient of payments made through online banking by joining the Beneficiary Name Display Service (SANB), more

01.16.2024

The acquisition of Alpha Bank Romania is going well, the due diligence was fine and nothing to change the course of this deal was found, Teodora Petkova, UniCredit’s global head for Central and more