12 iul 2013

Romanian telecom operator RCS&RDS plans to launch a bond issue of EUR500 million on the external market and it has already hired a consortium of banks to arrange the transaction. more

4 iul 2013

Cosmote Romania, the third largest telecom operator on the local market, plans to contract a EUR225 million syndicated loan from the European Bank for Reconstruction and Development (EBRD) and a more

1 iul 2013

Its management of foreign currency assets and liabilities, and in particular its lending to commercial banks last year, have seen Romanian central bank BNR remain profitable for six years running. more

28 iun 2013

Romania’s EUR20 billion rescue package is now eating into the funding that should have gone to highways, railways and hospitals. The central bank and the Finance Ministry got an actual amount of more

27 iun 2013

UniCredit Tiriac Bank has cut its Romania territorial unit by another 20 units since the beginning of the year after closing 37 units in 2012. The bank now has 188 functional units. more

25 iun 2013

After extensive restructuring measures, Romania's largest lender Banca Comerciala Romana (BCR) is ready to restart lending to individuals, but only in lei, according to the bank’s strategic decision more

24 iun 2013

The crucial question for Romania is how to make the economy grow, says Suma Chakrabarti, the president of the European Bank for Reconstruction and Development – the international financial more

21 iun 2013

BCR, the largest bank on the Romanian market, is preparing to “bite” into the euro market with a new mortgage loan in lei, says Martin Skopek, executive vice-president in charge of retail of BCR. more

11 iun 2013

How has Marfin Bank managed to deal with the pressure of the deposit withdrawals caused by the Cypriot crisis and how has it overcome the delicate period that followed the takeover of deposits from more

24 mai 2013

Foreign investors have come to holds more than one fifth of government bonds in lei in circulation, with their share at the end of March 2013 close to almost 21%, from 11% a year before, according to more

23 mai 2013

Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more

22 mai 2013

Andreas Treichl, CEO of Erste Bank, says he is against giving up the name of a bank that includes the name of the country where it operates, so the BCR brand (Romanian Commercial Bank) will be kept as more

20 mai 2013

The sale of Citibank and RBS Bank’s retail portfolios broke the ice on the market of banking transactions, but this year is expected to bring major shareholder changes for at least three of the more

16 mai 2013

Romania’s central bank’s Supervisory Department will change the way it deals with banks this year. Any slippage in risk control, including operational risks, will be much more harshly penalized, more

14 mai 2013

The Finance Ministry is considering issuing government bonds dedicated to the population for the first time in almost ten years in order to expand the investor base and to encourage long-term savings, more

13 mai 2013

The business volume of the European Bank for Reconstruction and Development (EBRD), a multilateral financial institution which includes Romania among its shareholders, stood at EUR612 million last more

10 mai 2013

The management of Raiffeisen Bank Romania has received the approval of the parent bank to launch a bond issue in lei of up to 500 million lei with a maximum five-year maturity dedicated to the more

9 mai 2013

The exposure to Romania of French banking group Societe Generale, which controls the country's second largest lender BRD (BRD.RO), fell by EUR600 million (5.3%) in 2012, to EUR11.7 billion. more

7 mai 2013

The foreign funding of banks in Romania dropped to less than EUR20 billion at the end of the first quarter of 2013, the lowest since the start of the crisis in 2008. more

26 apr 2013

Austrian group Volksbank, which controls 51% in Volksbank Romania through a vehicle where it partners with a French bank and a German bank, reaffirms its intention to sell the Romanian bank in 2015, more

25 apr 2013

UniCredit Tiriac Leasing, which is affiliated to UniCredit Tiriac Bank, last year kept its position as unchallenged leader of the market, with an over 20% share of new financing in 2012. No. 2 was more

18 apr 2013

Banca Transilvania (TLV.RO) is the only investor that actually wants to buy Bank of Cyprus’ entire Romanian portfolio, while Raiffeisen is only interested in part of the loans, banking sources say. more

17 apr 2013

Banca Transilvania (TLV.RO) and Raiffeisen Bank are the only banks that had submitted firm offers to take over the portfolio of assets and liabilities of the Romanian subsidiary of Bank of Cyprus, more

12 apr 2013

RBS has completed an important phase of the restructuring of its Romanian operations, which includes reducing its territorial network to four branches, as the bank plans to serve only corporate more

5 apr 2013

Clients who hold deposits of over EUR100,000 are more likely to be investors than simple depositors, and they should have been aware of the risks they were taking when investing in Cypriot banks, says more