Articles 1 - 25 of 556 by " Claudia Medrega"
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Banca Transilvania Expects 14% Growth In Assets To RON210B In 2025
ieri, 11:23
The assets of Banca Transilvania (TLV.RO), the leader of the Romanian banking market, are set to increase by 14% to RON210 billion in 2025, as a result of the increase in the gross lending volume by more
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UniCredit Bank Romania Shareholders Approve Merger With Alpha Bank Romania, RON135M Capital Increase
luni, 23:22
UniCredit Bank Romania, held by the Italian group by the same name, called the shareholders for an extraordinary general meeting on March 24, to approve the merger project, i.e. is the merger by more
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European Commission: CEC Bank’s RON1B Recapitalization Not State Aid
luni, 16:51
The European Commission has concluded that Romania’s EUR200 million (RON1 billion) recapitalization of fully state-owned CEC Bank does not constitute state aid within the meaning of the EU state aid more
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Banca Transilvania Wants to Distribute RON1.6B Worth of Dividends from 2024 Profit
luni, 09:49
The shareholders of Banca Transilvania, Romania’s largest lending institution, will discuss in April the allocation of 2024 net profit, of over RON3.53 billion, of which around 45%, namely RON1.6 more
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Number Of Romanians With More Than EUR100,000 Deposits In Banks Up To Over 86,000 In 2024
17 mar 2025
More than 86,000 individuals in Romania had more than EUR100,000 in bank deposits or a total of almost RON92 billion (some EUR18 billion) at the end of 2024, the latest statistics from the Bank more
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Romania Banking System Rakes In Record High RON14.8B Profit in 2024
25 feb 2025
The still high interest rates and continued lending drove Romanian banking system profit to a record high of around RON14.8 billion in 2024, up 8% from 2023, in line with NBR data. more
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ING Bank Romania Ends 2024 with RON3.8B Revenues, Up 13% YOY, over RON1.8B Profit
17 feb 2025
ING Bank Romania raked in RON3.8 billion revenues in 2024, up 13% from the 2023 level. more
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Romanian Corporate Branch Of PKO Bank Polski To Start Operations In 2025
15 ian 2025
The Romanian corporate branch of PKO Bank Polski, the leader of the Polish banking system, is starting operations on the local market in 2025. more
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Garanti BBVA Leasing Takes Out EUR20M Loan from BSTDB To Aid Romania SMEs
11 dec 2024
Garanti BBVA Leasing, part of Garanti BBVA Romania, is strengthening its commitment to support SMEs in Romania by taking out a EUR20 million loan from the Black Sea Trade and Development Bank (BSTDB). more
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UniCredit Bank Completes RON750M Bond Issue, Its Largest In Romania
22 nov 2024
UniCredit Bank announced successful completion of a new leu-denominated corporate (senior, unsecured ) bond issue due in five years, with a fixed coupon payable annually of 7.67%. more
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Romania Banking System Boasts Record High RON11.5B Net Profit in 9M 2024
21 nov 2024
The still high interest rates and continued lending aided Romania banking sector generate an RON11.5 billion record high net profit in the first nine months of 2024, up around 10% from the gain more
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UniCredit Completes Alpha Bank Romania Acquisition
4 nov 2024
UniCredit S.p.A. (“UniCredit”) and Alpha Services and Holdings S.A. (“Alpha”) announce that after securing all the necessary approvals from the relevant authorities and completing the due more
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Romania Banking System is More Profitable, Solvent and with Higher Liquidity Than EU Average
17 oct 2024
The Romanian banking system is undergoing a favorable period from the perspective of the main financial and prudential indicators, as it continues to boast solvency, profitability and balance sheet more
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BNR: Gold Reserve Steady at 103.6 Tons Since 2007
12 sep 2024
Romania’s gold reserve has been steady in the past 17 years, at 103.6 tons, since 2007 until the present, of which 61.2 tons are deposited abroad and 42.4 tons in Romania, in line with central bank more
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Romania Banking System Rakes in Record High RON7.5B Profit in H1/2024
21 aug 2024
The still high interest rates and sustained lending helped Romania’s banking system reach a record high net profit f RON7.5 billion in the first half of 2024, up around 10% from H1/2023 one. more
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UniCredit Bank Generates EUR184M Profit in Romania in H1/2024, Up 39%
25 iul 2024
Italian group UniCredit for the first half of 2024 reported net profit worth EUR184 million from Romania operations, up around 39% from the gain of H1/2024, amid rising lending and revenues. more
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Who will run Credex Bank?
15 iul 2024
Traian Baicu was nominated for the position of chief executive officer of Credex Bank, formerly Porsche Bank, which businessman Dan Ostahie bought, while Misu Negritoiu should serve as the chairman of more
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European Commission Clears Acquisition Of Alpha Bank Romania By UniCredit
12 iun 2024
The European Commission has announced it approved the acquisition of Alpha Bank Romania by Italy’s UniCredit S.p.A, under the EU Merger Regulation. more
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Number Of Romanians With Over EUR100,000 In The Bank Up To Almost 77,000 In Q1
10 iun 2024
76,746 individuals in Romania had bank deposits of more than EUR100,000 at the end of the first quarter of 2024, over RON82.6 billion (about EUR16.5 billion) in all, the latest statistics of the Bank more
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Intesa Sanpaolo Generates EUR5M Net Gain in Romania in Q1/2024, More than Double the Q1/2023 Level
27 mai 2024
Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in Q1/2024 registered EUR5 million net profit, 2.5 times bigger than the gain of the same period of 2023. more
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Romania’s Banking System Boasts Record High Profit of over RON3.7B in Q1/2024, Up 10% from Q1/2023
23 mai 2024
Profit at the level of the Romanian banking system at the end of Q12024 hit a new record high, of over RON3.7 billion, up around 10% from the gain reported for Q1/2023. more
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BRD Finance To Cease Operations In Romania After 20 Years
21 mai 2024
BRD Finance, the consumer finance unit of BRD-SocGen, the fourth largest bank in Romania by assets, is to exit the local financial landscape after two decades in business and is in the process of more
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Three Most Profitable Banks In Romania Account For About 50% Of Entire Banking System Profit In 2023
17 apr 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
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Salt Bank, First Romanian 100% Digital Bank, Launches Operations
4 apr 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
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Intesa Sanpaolo Rakes in EUR7M Net Profit in Romania, Above 2022 Level
19 feb 2024
Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in 2023 generated net profit worth EUR7 million. more