10.01.2024

Romania's foreign exchange reserves increased by EUR2.5 billion over the course of September 2024, up to EUR65.77 billion at the end of the month, compared with EUR63.18 billion at the end of August more

10.01.2024

First Bank, part of Intesa Sanpaolo Group, has broadened its portfolio with the Instant Payments service developed by TRANSFOND, allowing for the interbank transfer of sums of up to RON50,000 in less more

09.30.2024

Romania attracted foreign direct investments (FDI) totaling EUR6.74 billion in 2023, compared with a record level of EUR10 billion reported for 2022, an analysis by the country's central bank and the more

09.27.2024

CEC Bank Group in the first half of this year generated RON279.8 million net profit, with the Bank’s net profit reaching RON269.5 million. more

09.26.2024

Da Vinci New Project, a company wholly owned by Alive Capital, in its turn part of Premier Energy PLC group, has got a EUR7.5 loan from Libra Internet Bank to build a photovoltaic park in Nanov more

09.24.2024

Private lending in Romania went up 7.7% to RON407.8 billion in August 2024 compared with August 2023, central bank data showed on Tuesday (Sept 23, 2024). more

09.19.2024

Raiffeisen Bank Romania has completed the selection process for MoonShotX project carried out in partnership with InnovX, via which the bank wants to support companies with turnover of between EUR5 more

09.06.2024

ING Bank has decided on Friday (Sept 6) to revise its growth forecast for Romania's economy in 2024 to 1.3% from its previous estimate of 2% after Romania's statistics board INS released detailed data more

09.02.2024

tbi bank, a provider of alternative payment solutions, which operates in Romania, Bulgaria, Greece, Germany and Lithuania, ended the first half of 2024 with EUR23.2 million net profit, an increase of more

08.30.2024

Libra Internet Bank, part of US investment group New Century Holdings (NCH), in the first half of 2024 registered RON149.5 million net profit, down from RON160.7 million in H1/2023. more

08.28.2024

The board of directors of chemical producer and supplier Chimcomplex Borzesti (CRC.RO) has called shareholders for September 30 to vote among others on the extension of a EUR40 million loan facility. more

08.27.2024

Salt Bank, which has a EUR5 million bond issue with an 8.5% yearly yield and maturing on December 18, 2024 listed on the Bucharest Stock Exchange, posted RON31 million losses in the first half of more

08.27.2024

ING Bank Romania saw its revenues rise 9.6% in the first half of 2024, to RON1.79 billion, supported by the rising number of clients and expansion of loan portfolio. more

08.20.2024

Romania’s central bank expects the inflation to go down to 4% in December 2024 and 3.4% in the last month of 2025, a better outlook than in the previous forecast, particularly for the end of 2024, more

08.20.2024

Real estate developer METAV, whose portfolio includes projects such as Belvedere Residence, Zenville and IQON, has obtained EUR21 million financing from Libra Internet Bank which will be used for the more

08.14.2024

ING Bank has decided on Wednesday (August 14) to revise its growth forecast for Romania's economy in 2024 to 2% from its previous estimate of 2.8%, a level that is still deemed optimistic. more

08.09.2024

Raiffeisen Bank Romania, the sixth largest bank in the local market by assets, has informed the capital market in a stock market report about the extension of Zdenek Romanek's mandate as President of more

08.09.2024

Nestor Nestor Diculescu Kingston Petersen (NNDKP) has assisted AAylex One, one of the leading players in the Romanian food industry and the producer of the Cocorico brand, in connection with a EUR20 more

08.09.2024

Romania's central bank has revised downwards its inflation forecast to 4% for the end of 2024 from its previous projection of 4.9%, central bank governor Mugur Isarescu said on Friday (August 9) at more

08.08.2024

Banca Transilvania (stock symbol: TLV), the largest bank in Romania by assets, on Thursday informed the local capital market about the changes in the executive management structure of BT, namely the more

08.08.2024

The European Central Bank (ECB) and the National Bank of Romania (NBR) have agreed to renew a framework arrangement to provide euro liquidity to the latter via a repo line. more

08.07.2024

Romania's central bank has decided at its Board meeting on Wednesday (August 7) to lower its benchmark interest rate to 6.50% a year from 6.75% a year, starting August 8. more

08.06.2024

Intesa Sanpaolo Bank, the Romanian subsidiary of Intesa Sanpaolo Group, the leading banking group in Italy, has concluded a partnership with the European Investment Fund (EIF) that guarantees up to more

08.02.2024

Alpha Bank Romania, ranked among Romania's top ten largest banks by assets, ended the first half of 2024 with net profit of EUR23 million, similar to the level reported in the same period of 2023, and more

08.02.2024

Albota Law Firm has assisted Nor Real Estate, a real estate developer part of Atenor Group, with signing a loan contract worth EUR21 million and the related guarantee package with OTP Bank Romania, in more