19 feb 2018

Romania’s banking system posted about 5.6 billion lei (some EUR1.2 billion) net profit in 2017 and assets increased to a peak of RON427.4 billion (EUR94 billion), driven by the rise in lending, more

1 feb 2018

The year 2018 is another volatile year in terms of the government’s financial needs, with an uneven distribution thereof, payment peaks of 7 to 8 billion lei (EUR1.5 billion to EUR1.7 billion) and more

24 ian 2018

Companies and consumers increased their savings in banks from 274 billion lei (EUR59 billion) at the end of 2016 to RON303 billion in 2017, while the loan volume was slower to rise, going from RON220 more

15 ian 2018

Banks paid 641.5 million lei (EUR138 million) corporate tax in 2017, double as much as budgeted for last year and as paid in 2016. The banks’ corporate tax in 2017 was the highest in seven years. more

20 dec 2017

The still moderate lending pace and a greater interest in savings have allowed Romanian households to remain the net creditor of the banks in the first nine months, as deposits were almost 42 billion more

8 dec 2017

Construction and real estate companies still have the highest credit risk, even though they saw the most significant decline in the non-performing loan ratio, while the services and utilities sector more

23 nov 2017

The long-term deposits of non-residents in local banks, which mostly account for financing from their shareholders, saw a slight increase in September compared with July and August, ending the first more

21 nov 2017

Romania’s banking system posted about 4.14 billion lei (some EUR910 million) net profit in the first nine months and assets rose to a peak of RON406.4 billion, driven by the rise in lending, more

18 oct 2017

BCR, the largest lender in Romania by assets, was more active this summer and climbed to the top spot on the market of primary dealers of government securities after the first eight months of the more

9 oct 2017

Raiffeisen Bank, the fourth leading lender in Romania by assets, will continue to pursue organic growth over the coming period, but does not rule out potential acquisitions if the opportunity arises, more

23 aug 2017

Citigroup Global Markets, UniCredit and Raiffeisen Bank International Group remained the top three dealers among those in Romania’s medium-term note program last year, followed by Société more

18 aug 2017

ING Bank, the seventh largest lender in Romania by assets, climbed to the top spot of the ranking of primary dealers in the first half. Previous leaders were Raiffeisen Bank (2016) and Banca more

5 iul 2017

After cleaning up their balance sheets of the non-performing loans that piled up during the crisis and the return to profit, Romanian banking sectors is entering a new phase when the focus will be on more

19 iun 2017

Romania has a tremendous growth potential, offers good opportunities, is a core market for Austria’s Raiffeisen banking group and is one of the three countries where it wants to grow more than the more

30 mai 2017

The efficiency of the Romanian banking staff is still low, given the low financial intermediation, as a banking employee manages EUR1.7 million, compared with EUR15.1 million in the EU, reveals the more

24 mai 2017

Romania’s banking system posted record first quarter profit of more than 1.2 billion lei (EUR263 million), assets are at a decade high, while solvency reached a record level, and loan-to-deposit and more

11 mai 2017

UniCredit continues to rely on organic growth but is also looking at new opportunities for buying portfolios from other banks in Romania and in the region and will carefully weigh such opportunities more

5 apr 2017

The domestic currency and the government paper yields were under pressure in the first quarter, reeling especially from the internal political turmoil, which culminated in street protests and fiscal more

22 mar 2017

BRD-SocGen, the third leading bank in Romania, expects net banking income to go up by 4% and seeks a significant improvement in profit in 2017, after having posted 728.3 million lei (EUR160 million) more

20 mar 2017

The foreign debt of banks in Romania, which includes the short and long-term lines of credit from their parent banks, dropped by EUR3.4 billion last year and reached about EUR11.2 billion in December. more

17 mar 2017

Banca Transilvania kept its leading position by profits on the local banking market in 2016, followed by BCR and BRD-SocGen. Fourth leading bank by profit was ING Bank, while Raiffeisen and UniCredit more

6 mar 2017

Romania is regarded by international markets as a low-risk investment, as the credit default swap dropped to 100 basis points, a nine-year low. more

3 mar 2017

The assets UniCredit’ private banking unit manages reached about EUR450 million last year. The unit has almost 900 customers with EUR500,000 portfolios on average. ` more

27 feb 2017

Almost three quarters of the lenders in Romania posted profit in 2016, an improvement on 2015, Romania’s central bank data show. more

23 feb 2017

The restructuring of the banking system continued last year, when 149 branches and offices were closed and 532 employees left the system, Romania’s central bank statistics show. more