Articles 26 - 50 of 556 by " Claudia Medrega"
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UniCredit Bank Generates almost EUR300M Profit in Romania in 2023, Up 44%
6 feb 2024
Italian group UniCredit for 2023 reported EUR286 net profit from Romania operations, up over 44% from 2022, amid rising lending and revenues. more
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Société Générale Looking Into Sale Of BRD
1 feb 2024
France’s Société Générale Group is looking into the opportunity of selling BRD, the third largest bank in Romania and hired JP Morgan to handle it, banking market sources say. more
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UniCredit: CEE Economies Set to Rebound in 2024
17 ian 2024
CEE economies, including Romania, will not suffer any fiscal and budgetary expense cutback pressures in 2024 as the year is a crucial electoral one and governments must be generous and throw money more
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Romania’s Banking System Makes Over RON10B Profit In Jan-Sep, As Much As In Entire 2022
22 nov 2023
The significant rise in banks’ revenue along with the rise in interest rates and continued lending helped Romania’s banking system make a record net profit of more than RON10 billion (EUR2 more
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Poland’s Largest Bank PKO Wants to Enter Romania in Early 2024
9 oct 2023
PKO Bank Polski, Poland’s largest state-owned bank, with assets accounting for almost 70% of the Romanian banking system, has announced it is set to start operations in Romania in early 2024. more
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CEC Bank Climbs To 4th Place Among Lenders in Romania
28 sep 2023
CEC Bank, a lender held by the Romanian government via the Finance Ministry, climbed to 4th place in the ranking of the largest banks in Romania by assets at the end of the first half of 2023, from more
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CEO François Bloch Leaves BRD With 50% Higher Assets
21 sep 2023
French executive François Bloch, appointed to run BRD-SocGen in 2016, is leaving his position on September 26, 2023, to pursue other opportunities inside the Société Générale Group. more
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Romania Banking System Boasts Record High RON7B Profit in 1H/2023, Up 40% from 1H/2022
23 aug 2023
Net profit at the level of the Romanian banking system at the end of the first half of 2023 hit a record high of RON6.9 billion, up over 40% from the gain reported for 1H/2022. more
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Intesa Sanpaolo Romania Posts EUR2M Net Profit In Q1
6 iun 2023
Intesa Sanpaolo Romania, the local subsidiary of Italy’s banking group by the same name, posted EUR2 million net profit in the first quarter of 2023, a report of its parent group shows. more
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Romania Banking Sector Boasts Record High RON3.4B Profit in 1Q/2023
22 mai 2023
Net profit at the level of the Romanian banking system at the end of the first quarter of 203 hit a new record high, of almost RON3.4 billion, up around 70% from the gain reported for 1Q/2022. more
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Exim Banca Romaneasca Officially Launches As Universal Bank
10 mai 2023
Banca de Export Import a Romaniei – EximBank SA, a bank held by Romania’s government via the Finance Ministry became Exim Banca Romaneasca on May 10, launching as a top universal bank with full more
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UniCredit Generates EUR64M Profit in Romania in 1Q/2023, Up around 45% from Year-Earlier Period
4 mai 2023
Italian group UniCredit for the first quarter of this year reported EUR64 million net profit from Romanian operations, up around 45.3% from the consolidated gain of 1Q/2022. more
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Top Ten Banks in Romania Increased Assets by 5% to 56% in 2022
30 mar 2023
The ten largest banks by assets in Romania increased their assets at different paces in 2022, going from 5% to 56%, while the net assets of the entire banking system increased by almost 10% to a more
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Eximbank SA Becomes Exim Banca Romaneasca
27 mar 2023
Banca de Export Import a Romaniei (Romania’s Export-Import Bank) - EximBank SA will become Exim Banca Romaneasca on May 10, 2023, as the change of the bank's name and logo were approved by the more
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Banca Transilvania Aims to Boost Lending and Profit by 7%, Assets by 13% in 2023
24 mar 2023
Banca Transilvania, the biggest lending institution on the Romanian market by assets, expects to generate net profit of above RON2.3 billion this year, 7% above the 2022 level, as it projects rising more
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ING Bank Net Profit Rises Slightly to RON1B in 2022
16 mar 2023
ING Bank posted net profit of RON1.06 billion in 2022, up slightly, by 3% on the 2021 figure, while revenue rose 10% to some RON2.6 billion. more
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New Corporate Loans in Lei Up 18% to RON3.3B in January 2023
13 mar 2023
Banks in Romania granted more than RON3.3 billion worth of new loans in lei to companies in January 2023, an increase of 17.9% on December 2022 and on the year-ago month. more
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OTP Bank Profit Shrinks 40% to RON34.6M in 2022
10 mar 2023
OTP Bank Romania posted after tax profit of RON34.6 million in 2022, a decline of 40% on 2021, the group report published in Budapest shows. The report presents the consolidated results, in line with more
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Romania Banking System Boasts Record High RON10.2B Profit in 2022
24 feb 2023
Net profit generated by the Romanian banking system at end-2022 hit a record high of RON10.2 billion, up 24.4% from the 2021 gain. more
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Cash in Circulation Tops RON101B, New All-Time High, in December 2022
15 feb 2023
The cash in circulation continued to rise and in December 2022 went beyond the RON101.3 billion level, a new all-time high, after a 5.4% increase from December 2021, according to central bank data. more
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EximBank Completes Merger with Banca Romaneasca, Becomes Universal Bank
30 dec 2022
EximBank completed the merger by absorption with Banca Romaneasca and will enter the retail market in Romania on December 31, 2022, becoming a full-service bank. more
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Number of Banks in Romania to Drop from Current 34 Following Consolidation
29 dec 2022
After 2020 and 2021 were affected by the effects of the coronavirus pandemic, the year 2022 came with new challenges, such as a war on the borders of Romania, energy crisis, inflation, rise in more
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Romania Banking System Hits Record High Profit of RON7.6B in Jan-Sept 2022
17 nov 2022
The net profit of Romania’s banking system hit a new record high at the end of the first nine months of 2022, of RON7.6 billion, up around 20% from the year-earlier period, as lending advanced by an more
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Rasvan Radu Ends Term as CEO and Chairman of the Board of UniCredit Bank Romania
27 oct 2022
Rasvan Radu will end his term as CEO and Chairman of the Board of UniCredit Bank Romania and will continue his professional career within UniCredit Group, where he will supervise the implementation of more
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ING Bank Profit Up 39% to RON535M in H1
15 sep 2022
ING Bank, the fourth largest bank in Romania by assets, posted RON535 million net profit in the first half, an increase of 39% on the year-ago period. more