Corporate Lending Up to RON3.9B in October, 14-Year Monthly Peak
12.16.2020
Banks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level of the year in October as well as the highest monthly level in 14 years.
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Generali Keeps Eye on Any Acquisition Opportunity in Romania
today, 10:02
Generali, Italy’s largest insurer and one of Europe’s top three, is closely monitoring any opportunity of growing Romania operations via... more
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Update: Seller In eMAG/HeyBlu – Orange Money IFN SA Deal Is Orange Romania
01.31.2025
eMAG and its financial services subsidiary HeyBlu have acquired Orange Money IFN SA from telecommunications group Orange Romania and the main... more
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Finance Ministry Raises Nearly RON2B From Banks Via Two Bond Issues On Jan. 30
01.30.2025
Romania's Finance Ministry raised RON1.97 billion from banks on Thursday (Jan. 30), selling government paper in two auctions, at annual average... more
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Codin Nastase And Lidia Stan Take Over As New Executive VPs Of Exim Banca Romaneasca, Traian Halalai Remains Head Of The Bank
01.30.2025
The executive management of Exim Banca Romaneasca will be ensured by Traian Halalai as Executive President, and by Lidia Stan and Codin Nastase,... more
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factory by Raiffeisen Bank Program Funded Over 560 Businesses In Last 7 Years, Total Financing Value Tops EUR30M
01.29.2025
The factory by Raiffeisen Bank program, launched seven years ago to support beginner entrepreneurs, has provided funds for more than 560... more
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Finance Ministry Raises RON400M From Banks On Jan. 27
01.27.2025
Romania's Finance Ministry raised RON400 million from banks on Monday (Jan.27), selling government paper due in 2035 at annual average yields of... more
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Finance Ministry Raises RON1.3B From Banks On Jan. 23
01.23.2025
Romania's Finance Ministry raised RON1.3 billion from banks on Thursday (Jan. 23), selling discount treasury bills (T-bills) due in January 2026,... more
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Finance Ministry Raises RON300M From Banks On Jan. 20
01.20.2025
Romania's Finance Ministry raised RON300 million from banks on Monday (Jan. 20, 2025) selling benchmark bonds, at an annual average yield of 7.93%. more
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Raiffeisen Bank Romania: 3 In 10 Romanians Feel Blue Monday As One Of The Most Difficult Days Of The Year
01.20.2025
3 out of 10 Romanians feel Blue Monday as one of the most difficult days of the year, and the main causes of emotional discomfort are cold weather,... more
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Banca Transilvania: Number Of BT Pay Users Using Round Up Option Tops 300,000, 50% More YoY
01.20.2025
The number of BT Pay users using the Round Up option has exceeded 300,000, which translates into a 50% increase compared to the same period last... more
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CEC Bank Selects Swiss Banking Software Firm Temenos To Modernize Its Core Banking Systems
01.16.2025
Romanian state-owned lender CEC Bank has selected Swiss-based banking software specialist Temenos to streamline its retail and corporate core... more
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Finance Ministry Raises RON800M From Banks Via Two Bond Issues On Jan. 16
01.16.2025
Romania's Finance Ministry raised RON800 million from banks on Thursday (Jan.16), selling government paper in two auctions, at annual average... more
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EBRD Invested EUR77M in 44 Projects in Romania in 2024, Double 2023 Number; 2025 Portfolio Set to Cover all Economic Fields
01.16.2025
The European Bank for Reconstruction and Development (EBRD) in 2024 invested in a record high number of projects in Romania amid rising investment... more
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UniCredit Aims to Expand Funding on CEE Market of Micro-Enterprises and Small Companies
01.16.2025
UniCredit wants to increase funding on the market of micro-enterprises and small companies, earmarking in 2025 for CEE, hence for Romania as well,... more
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Romanian Corporate Branch Of PKO Bank Polski To Start Operations In 2025
01.15.2025
The Romanian corporate branch of PKO Bank Polski, the leader of the Polish banking system, is starting operations on the local market in 2025. more
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Romania's Central Bank Further Leaves Benchmark Interest Rate Unchanged At 6.5% a Year
01.15.2025
Romania's central bank has decided at its Board meeting on Wednesday (Jan. 15, 2024) to keep its key interest rate unchanged at 6.5% a year, the... more
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Number of Romanians Investing via Revolut almost Doubles in 2024
01.15.2025
Digital bank Revolut, with more than 4 million clients in Romania, has presented the main tendencies in terms of investments in 2024, with the... more
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Finance Ministry Raises RON1.1B From Banks Via Two Bond Issues On Jan. 13
01.13.2025
Romania's Finance Ministry raised RON1.1 billion from banks on Monday (Jan.13), selling government paper in two auctions, at annual average yields... more
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ING Bank Expects Romania's Central Bank To Keep Key Rate At 6.50% At Its January 15 Meeting
01.13.2025
ING Bank expects the National Bank of Romania to keep the key rate at 6.50% at the upcoming January 15 meeting, given persistent inflationary... more
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Filip & Company Assisted Credit Europe Bank Romania in Cross-Border Merger with Credit Europe Bank N.V.
01.13.2025
Law firm Filip & Company legally assisted Credit Europe Bank Romania in the cross-border merger through absorption with the parent company, Credit... more
The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
moreMore than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
moreRomania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
moreBucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
moreThe volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
moreThe assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
moreRomania smartphone market is expected to be flat at around 3.5-3.6 million units this year as in recent years there’s been a downward
moreFiscal deficits will remain elevated in Romania in the medium term: 4.7% of GDP (cash basis) in 2024, compared to the 2.9% target set
moreAnalysis
Survey: Romania Could Increase Its GDP By 10% Until 2050 By Boosting SavingsRomania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative investments, according to a survey conducted by McKinsey&Company in spring 2022.