05.09.2023

Alpha Bank Romania posted EUR11 million net profit in the first quarter of 2023, while its assets reached EUR4.4 billion, 13% higher than in the year-ago period. more

05.02.2023

Law firm Filip & Company has assisted RCS & RDS S.A., part of Digi Group, in contracting new financing totaling over EUR132 million, for a period of up to three years. more

03.31.2023

Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2022 registered EUR1.55 million net profit and reported 22% portfolio expansion, to EUR32.5 million. more

03.21.2023

The shareholders of Carbochim Cluj-Napoca (CBC.RO), the largest local professional abrasives producer, will put to a vote a decision to approve the contracting of investment loans in the amount of more

02.17.2023

Shareholders of BRD – Groupe Société Générale (BRD.RO), the third largest bank in Romania by assets, approved at their Extraordinary General Meeting the issuance of eligible additional tier 1 more

02.09.2023

In 2022, Raiffeisen Bank granted a total 2,333 loans within the IMM INVEST programs for more than 2,000 customers operating in various fields of activity, with an approved value of EUR592 million. more

12.02.2022

Commerce, manufacturing and agriculture are the economic sectors that received the bulk of corporate financing from lender Banca Transilvania, as the combined balance of loans granted for the three more

09.21.2022

AVBS Credit, a Romanian broker for banking services, intermediated sales of bank and non-bank loans in the amount of EUR42.5 million in the first seven months of 2022, 17% more than in the same period more

09.07.2022

Raiffeisen Bank is launching factory GROW, a personalized business scaling model based on which entrepreneurs (small and medium-sized enterprises- SMEs) may obtain loans up to EUR500,000 in order to more

08.26.2022

Banca Transilvania financial group ended the first half of this year with net consolidated profit of RON1.046 billion, 3% higher than in the same period of 2021, with the bank’s profit standing at more

08.10.2022

Shareholders of vegetable oil producer Argus Constanta (UARG.RO), held by SIF Oltenia, approved at their general meeting of August 8 the contracting by the company of bank loans in a maximum amount of more

08.03.2022

Alpha Bank, among the ten largest banks by assets on the Romanian market, in the first half of this year posted EUR18.2 million gross profit, up 71.6% from the 1H/2021 level. more

06.23.2022

ING Bank Romania has granted investment loans worth over EUR25 million over the last three years to Boromir, the largest Romanian-held business in the milling and bakery sector. more

05.30.2022

Agrinvest Credit IFN, a company specialized in financing the Romanian agricultural sector, on Monday said it plans to grant new loans worth over RON45 million in 2022 after the volume of loans granted more

05.17.2022

The number of eurozone businesses and households unable to make repayments on their bank loans is set to rise, according to the first EY European Bank Lending Economic Forecast. more

05.06.2022

Shareholders of Impact Developer & Contractor (IMP.RO), one of Romania's largest residential developers, are expected to approve at their general meeting of June 9 a measure aimed at increasing the more

04.05.2022

First Bank grants loans with 50% discount to companies that want to install photovoltaic panels to recover their electricity costs. Thus, companies can become prosumers and, by implementing green more

02.25.2022

Banca Transilvania ended 2021 with operating revenue worth RON4.3 billion, up 10.4% and net profit of RON1.7 billion, 49% above the 2020 level. more

12.31.2021

The IRCC index, which is used by banks to calculate interest rates for new loans taken out starting the spring of 2019, has increased to 1.17% on Friday (December 31, 2021), from 1.08% previously. more

11.12.2021

Banca Transilvania (TLV.RO), Romania’s biggest lending institution, for the first nine months of this year reported consolidated net profit worth RON1.67 billion, against RON1.056 billion in the more

11.08.2021

OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, registered consolidated profit after tax worth RON14 million in the first nine months of 2021, down 65% from the more

11.05.2021

Intesa Sanpaolo Romania, the domestic subsidiary of the Italian bank of the same name, for the first nine months of 2021 reported revenues worth EUR29 million, down 5.2% against the same period of more

11.04.2021

The market of non-performing receivables assignment is blocked in Romania due to excessive taxation of the amounts obtained from such transactions, a rule that entered into force on January 1, 2018. more

10.28.2021

Loans granted by non-banking financial institutions (NBFIs) in Romania touched a record high of over RON37.5 billion in mid- 2021 after a 6.7% increase in the first six months of the year compared more

10.25.2021

Lender Banca Comerciala Romana (BCR) has granted loans worth RON1.2 billion to entrepreneurs through the government's IMM Invest program for small and medium-sized enterprises (SMEs), until present, more