20 sep 2021

Romanian executive Marius Dorner will become global subsidiaries group head of Citi’s Russia, Ukraine and Kazakhstan (RUK) cluster and of Citi Russia on November 1, 2021, subject to approval by the more

20 sep 2021

Vista Bank (the former Marfin), controlled by Greek-held group Vardinogiannis, is set to reach total assets worth above EUR1.4 billion, loans of EUR800 million, deposits of EUR1.2 billion and over more

14 sep 2021

Romania’s central bank BNR has approved the acquisition by the largest lender in the country, Banca Transilvania, of Poland’s Getin Holding’s stake in Idea Bank. more

7 sep 2021

Romanian consumers took out more than RON2.87 billion new consumer loans in July 2021, the highest monthly volume in 14 years and 37.3% higher on the year-ago month. more

2 sep 2021

All large banks in Romania reported higher profits for 1H/2020 against the same period in 2020 amid weakening pandemic fallout and declining risk and provision costs, but also in the wake of rising more

23 iul 2021

Romanian households’’ net wealth has increased 1.9 times in the past decade, going from RON1,274 billion in 2011 to an all-time high of RON2,414 billion (almost EUR500 billion) in 2020. more

21 iul 2021

Romanian households’ debt reached about RON172.4 billion (EUR35.2 billion) at the end of the first quarter of 2021, an increase of about 4.26% on the year-ago period, while corporate debt rose 4.35% more

15 iul 2021

Banks in Romania granted about RON2.63 billion worth of new loans to companies in May 2021, almost 25% less than in April and RON2 billion or 43% less than in March. more

7 iul 2021

The COVID-19 crisis was less severe than bankers feared, and the current scenario is even better than their most optimistic expectations. more

29 iun 2021

Romania’s banking system numbered 34 banks last year, the same as in 2019, more than half of which with less than 1% market share. more

9 iun 2021

New consumer loans in lei reached more than RON2.52 billion in Romania in April 2021, the highest level in 14 years and 4.3 times higher than in April 2020. more

25 mai 2021

The net profit of Romania’s banking system reached about RON1.89 billion at the end of the first quarter of 2021, 15% higher than in the year-ago period, while assets rose to a peak of RON574.9 more

12 mai 2021

Banks in Romania granted RON4.6 billion worth of new leu loans to companies in March, an increase of RON2.1 billion or 84% on the year-ago month. more

28 apr 2021

Corporate loans have become the lending driver in Romania, with the volume going up 14.4% to RON81.9 billion in March over the year-ago month. more

30 mar 2021

Most major lenders in Romania posted lower profits in 2020 compared with 2019 due to the effects of the coronavirus crisis, which required them to set aside higher provisions. more

9 mar 2021

The interbank market ended February with cash surplus again and banks that were left with lei on their hands at the end of some days used the overnight deposit facility provided by Romania’s central more

5 mar 2021

Almost 60% of the lenders in Romania (20) posted profit in 2020, while 14 were in the red, Romania’s central bank data show. more

3 mar 2021

The performance of the banking sector depends on the performance of the economy, and they will be convergent, while the economic growth will be moderate in 2021 and have a positive effect on lending, more

22 feb 2021

Romania’s banking system (34 lenders) ended 2020 with RON5.14 billion net profit, assets reached a new high and loan-to-deposit and non-performing loan ratios fell compared with 2019, while solvency more

9 feb 2021

The volume of new leu loans for consumers and companies rose to a 14-year high, RON68.5 billion in 2020. The volume of new loans in lei is double the level of ten years ago and 3.4% higher than in more

4 feb 2021

December 2020 came with last year’s highest level of new corporate loans in lei, as well as the 14-year monthly high, RON4.7 billion. The growth of new corporate loans in lei in December 2020 was more

3 feb 2021

New consumer and mortgage loans in lei and euros consumers took from banks fell by some RON2.7 billion or 7% from the 2019 level to RON34.3 billion in 2020. Last year was the first of decline for new more

29 ian 2021

Mortgage loan volume went up by more than 9.8% or RON8 billion to RON89 billion lei year-on-year in 2020, and lenders offset the decline in consumer loans with the higher sales for buying a home. more

28 ian 2021

The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans. more

6 ian 2021

Romanians took out more than 1.47 billion lei in new mortgage loans in lei in November, the highest level in the past year, with only October 2019 recording a slightly higher figure of RON1.48 more