05.07.2024

Romania's Competition Council approved the transaction through which Intesa Sanpaolo Bank intends to take over First Bank Romania, which is held by US private investment firm J.C. Flowers. more

05.02.2024

CEC Bank group in 2023 registered net profit worth RON540 million, 27% higher than in 2022, in the context where the bank reported RON515 million net profit, up 21%. more

05.02.2024

Raiffeisen Bank Romania, the sixth largest bank by assets in Romania, ended the first quarter of 2024 with RON390 million net profit, down from RON414 million in the year-earlier period, as a result more

04.30.2024

NN Romania and ING Bank Romania have assisted more than one million clients in benefitting from financial protection through the solutions developed under their strategic partnership started ten years more

04.24.2024

Romanian banks registered above average income growth versus European peers in 2023, but they still need to catch-up (even with some CEE peers) in productivity metrics like profit per customer or more

04.17.2024

The largest banks in Romania posted higher profits in 2023 compared with 2022, as lending and income increased. Profits were largely driven by the high interest rates and low risk costs and more

04.17.2024

UniCredit Bank introduces exclusive investment solutions to the Romanian market with the launch of onemarkets Fund. more

04.17.2024

The annual inflation rate will decline further in the coming months, but at a slower pace compared to 2023 and on a slightly higher path than that anticipated in the February 2024 medium-term more

04.05.2024

Libra Internet Bank in 2023 registered RON317.2 million net profit, up around 33% from 2022, while the bank’s assets rose by 14% to RON11.1 billion. more

04.04.2024

Romania's central bank has decided at its Board meeting on Thursday (April 4, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's tenth consecutive rate freeze. more

04.04.2024

Salt Bank, the first Romanian wholly digital bank, a newly created entity in the wake of Idea Bank acquisition by Banca Transilvania, has launched its operations. more

04.02.2024

ProCredit Bank Romania has granted a EUR3.4 million funding to company group 3D Steel Design & Construct SRL and Hansarom Management & Consulting SRL, for the construction of two photovoltaic parks in more

04.01.2024

Romania's foreign exchange reserves stood at EUR64.2 billion at end-March 2024, higher by EUR1.15 billion compared to EUR63.1 billion on February 29, 2024, central bank data showed on Monday (April 1, more

03.28.2024

Raiffeisen Private Banking, the division of Raiffeisen Bank, was named the best wealth management service in Romania at this year's edition of the Euromoney Global Private Banking Awards, the more

03.25.2024

Credit Europe Bank Romania in 2023 generated net profit worth RON66.8 million, more than twice the 2022 level. more

03.19.2024

On March 19, the closing event of the twinning project financed by the European Union “Consolidation of supervision, corporate governance and risk management in the financial sector” took place in more

03.19.2024

CEC Bank, a lender held by the Romanian government via the Finance Ministry, climbed to 3rd place in the ranking of the largest banks in Romania by assets in 2023, overtaking BRD, which is held by more

03.19.2024

CEC Bank, a lending institution controlled by the Romanian state via the Finance Ministry, in 2023 registered an estimated unaudited net profit worth RON515.8 million, up 15%. more

03.19.2024

Patria Bank (stock symbol: PBK) has informed investors in a stock market report on March 18 that Romania's National Bank approved the appointment of Grigore-Valentin Vancea to the position of Chief more

03.16.2024

State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of RON250 million with state-run lender CEC Bank on Thursday (March 14), the company announced in a stock market report more

03.13.2024

tbi bank, present on the Romanian, Bulgarian and Greek markets, reported a consolidated net profit of EUR42.4 million for 2023, 16% higher than the EUR35.5 million profit reported for 2022. more

03.09.2024

Real estate developer Impact Developer & Contractor (IMP.RO) has obtained a loan worth RON19.5 million through the branch RCTI Company, as per a report published at the Bucharest Stock Exchange on more

03.08.2024

OTP Bank Romania recorded consolidated net profit of RON262 million in 2023, seven times higher than the level reported in 2022,as per the report published in Budapest, which presents the bank's more

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