Results 551 - 575 from 2536 for "bank"
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Raiffeisen Bank Net Profit Grows 41% in 1Q, to RON198M
05.07.2021
Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a a net profit of RON198 million in the first quarter of 2021, 41% higher compared with the same period last more
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BSTDB Grants EUR15M Loan for Romania’s Midia Offshore Gas Development
05.06.2021
The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. more
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100 Romanian Startups To Get Total Funding Of EUR5M Under Factory by Raiffeisen Bank Program
05.05.2021
Raiffeisen Bank will grant total funding of EUR5 million to 100 Romanian startups, a segment on which the bank attracted over 4400 entrepreneurs throughout the three editions of the factory by more
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CEC Bank Net Profit Above Forecast Level, At RON81.7M In 1Q/2021
05.05.2021
Romanian state-owned lender CEC Bank on Wednesday said it registered a net profit of RON81.7 million in the first quarter of 2021, above the forecast level. more
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Patria Bank Seeks To Boost Lending By 23%, Assets By 10% In 2021
04.28.2021
Patria Bank, held by private equity fund Emerging Europe Accession Fund (EEAF), plans to increase lending by 23% to RON2.19 billion, which will increase the bank’s assets by 10% up to RON3.79 more
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Vista Bank's Acquisition of Crédit Agricole Romania Gets Antitrust Clearance
04.27.2021
Romania's competition authority said Tuesday it has authorized the acquisition of Crédit Agricole Bank Romania by Vista Bank Romania. more
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Toy Distributor Noriel Impex Borrows RON6M From Raiffeisen Bank To Support Business Growth
04.27.2021
Noriel Impex, the distribution division of Noriel Group, a brand operating on the toy and games market, has accessed a financing of RON6 million (EUR1.22 million) from lender Raiffeisen Bank, which is more
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Romanian Central Bank Sees No Further Rate Cuts
04.15.2021
Romania's central bank governor Mugur Isarescu said the central bank would not be reducing the monetary policy rate further and was ready to ensure the flexibility of its inflation target considering more
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Libra Internet Bank Net Profit Plunges 67% YoY To RON38M In 2020
04.15.2021
Libra Internet Bank on Thursday said it ended 2020 with a net profit of RON38 million, down 67% on the year, and the total operating income of RON341 million, up 3.73% on the year, per data aggregated more
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ING Bank Romania Grants RON10M Credit Facility To Agrinvest Credit IFN
04.13.2021
ING Bank Romania has granted a credit facility of RON10 million to Agrinvest Credit IFN to increase lending for small and mid-sized farmers and to cover the company’s working capital needs in 2021. more
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Deltatel Takes RON5M Loan From Raiffeisen Bank, EximBank For Its Working Capital
04.12.2021
Telecom systems integrator Deltatel, based in western city of Timisoara, has accessed a financing of RON5 million from Raiffeisen Bank, which is 90% guaranteed by EximBank, within the COVID-19 state more
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Moody's Upgrades Alpha Bank Romania’s EUR200M Mortgage Bond Issue To A3 From Baa2
04.09.2021
Moody´s Investors Service ("Moody´s") on Friday upgraded to A3 from Baa2 the rating of the mortgage covered bonds issued by Alpha Bank Romania S.A., worth EUR200 million and launched by the lender more
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OTP Bank Raises Share Capital By RON250M
04.01.2021
OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, has increased its share capital by RON250 million, to over RON2 billion, part of the bank's organic development more
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World Bank Sees Romania’s GDP Growing 4.3% In 2021 And 4.1% In 2022
03.31.2021
The World Bank expects Romania's economy to grow 4.3% in 2021 and 4.1% in 2022, after contracting 3.9% 2020, while the inflation is expected to grow to 3%, compared with 2.6% in 2020, per a report on more
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Patria Bank, Qualitance Team Up To Develop Digital Products
03.31.2021
Software and technology company Qualitance and Patria Bank have concluded a partnership aimed at developing digital products for the bank’s clients. more
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Jewelry Retailer Teilor Contracts Two Loans From Raiffeisen Bank For Working Capital, Investments
03.25.2021
Jewelry store chain Teilor has contracted two loans from Raiffeisen Bank, of one of EUR1.6 million for working capital and one of RON5 million for investments. more
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Alpha Bank Posts EUR21.3M Pre-Tax Profit in 2020
03.24.2021
Greek-owned Alpha Bank Romania, one of the top ten lenders in Romania, reported a pre-tax profit of EUR21.3 million for 2020, operating revenue of EUR137.8 million, and a loan portfolio of EUR2.6 more
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Nuclearelectrica Deposits RON151M with CEC Bank at 1.75% Interest
03.23.2021
Romania's nuclear power producer Nuclearelectrica (SNN.RO) said Tuesday in a market report it has deposited RON151 million with CEC Bank for one year at a negotiated interest of 1.75% a year. more
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ING Bank Romania Posts 3% Growth in Revenue in 2020, Gross Profit Down 37%
03.22.2021
Lender ING Bank Romania on Monday said its revenues grew 3% in 2020, to RON2.1 billion, but it pre-tax profit dropped 37% on the year, to RON574 million. more
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Raiffeisen Bank Profit Drops 17% in 2020, to RON644M
03.17.2021
Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a a net profit of RON644 million for 2020, 17% lower than in 2019, under the impact of the pandemic and a more
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Romanian Central Bank Raises 2021 Inflation Forecast to 3.4%
03.16.2021
Romania's central bank has revised its inflation forecast for the end of 2021 to 3.4% from a previous projection of 2.5%, it said in its March Inflation Report released Tuesday. more
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TBI Bank, Also Present In Romania, Enters Lithuanian Market
03.16.2021
TBI Bank, with main operations in Bulgaria and Romania and banking operations in Germany, Sweden, Denmark and Poland, is extending its presence in the region and entering the Lithuanian market. more
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Romanian Central Bank Leaves Key Rate Unchanged at 1.25%
03.15.2021
Romania's central bank on Monday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more
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Developer Oasis Retail Gets EUR9M Loan from OTP Bank for Retail Park
03.15.2021
Real estate developer Oasis Retail Development & Consulting, owned by Klaus Reisenauer and Kurt Wagner, has taken a EUR9 million loan from OTP Bank to build a 60,000-square-meter retail park in the more
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Impact's Bergamot Developments Gets EUR5.7M Loan from Libra Bank
03.11.2021
Bergamot Developments, owned by Impact Developer (IMP.RO), has contracted a EUR5.7 million loan from Libra Internet Bank to refinance its loans from parent-company. more