1 sep 2016

Dutch ING Group will continue to invest in the organic development of its local branch, now ranking seventh in the Romanian banking system, and seeks to reach 10% market share. more

22 aug 2016

Romania’s banking system posted about 2.4 billion lei (EUR537 million) net profit in the first half so the profit may come close or even be higher than in the last year of economic boom, 2008, when more

17 aug 2016

BCR, BRD-SocGen and Banca Transilvania, the three largest lenders in Romania, posted about 1.5 billion lei (EUR330 million) profit together in the first half, an increase of 50% on the year-ago more

15 aug 2016

Banca Transilvania (TLV.RO), the third largest bank in Romania by assets, saw an almost 50% rise in operating income in the first half, largely because of the interest income and posted 458.3 million more

30 iun 2016

Local banks need to speed up restructuring as the lack of efficiency is causing an unbelievably high waste of money, bankers and consultants attending ZF Bankers Summit’16 on Wednesday said. more

22 iun 2016

Banca Transilvania, the third largest lender in Romania, stood out as the most profitable last year, following the takeover of Volksbank. Profit per employee amounted to more than 350,000 lei more

7 iun 2016

The five largest banks in Romania by territorial networks account for about 70% of the total offices and branches in the system. more

27 mai 2016

Romania has had to reinvent banking in the past twenty-five years and banks on the local market are now doing well in terms of capitalization, yet the bank service penetration rate remains low more

24 mai 2016

Romania’s banking sector posted 1.17 billion lei (EUR259 million) profit in the first quarter, while assets decreased to RON370.2 billion. more

18 mai 2016

US and and UK investors hold 31.5% in Austria’s Erste Bank (EBS.RO) together, which owns Romania’s largest lender BCR. more

3 mai 2016

Gross financial assets of households in Romania stood at more than 500 billion lei (over EUR100 billion) last year, about one third of which, RON140 billion kept in bank deposits, Romania’s central more

12 apr 2016

more

3 mar 2016

more

1 mar 2016

more

19 feb 2016

more

15 feb 2016

more

3 feb 2016

The decision to raise the required down payment for mortgage loans was because of the impact we estimate the enforcement of the new mortgage lending law will have on the risk taken by our bank and if more

1 feb 2016

Monetary policy should support access to finance for businesses, especially SMEs outside Bucharest, and private customers to put growth on a wider and more diversified basis, says Sir Suma more

19 ian 2016

Consolidation of the Romanian banking sector will continue and the number of banks may halve. It will not happen in one or two years, though, it will take longer than that, says Mihaela Bitu, deputy more

14 ian 2016

The leu/euro exchange rate should remain stable this year, with a clear trend to gain ground against the euro, as Romania’s central bank might pursue a more predictable policy and less volatile more

5 ian 2016

Most analysts expect Romania’s central bank (BNR) to keep the key rate at the all-time low of 1.75% this year, but signs of economy overheating and inflation returning to positive territory might more

24 dec 2015

BCR, the largest local bank, has sold a set of non-performing corporate loans with a face value of EUR1.2 billion to a consortium comprised of Deutsche Bank, IFC and APS. This is the largest NPL deal more

23 dec 2015

Four large debt collectors, APS (Czech Republic), KRUK (Poland), Kredyt Inkaso (Poland) and EOS (Germany) reached an almost EUR6 billion non-performing loan portfolio at the end this year, which they more

21 dec 2015

Polish-held Kredyt Inkaso bought a EUR340 million set of non-performing loans from UniCredit Romania for which it is to pay EUR28 million. This is the largest deal involving NPL this year. more

9 dec 2015

ING Bank intends to continue its organic development strategy over the coming period, since growth drivers still exist, but does not rule out potential acquisitions or consolidation opportunities, more