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.
-
Libra Internet Bank Grants EUR10M Financing For Development Of Alenia Botanic Park Residential Project In Western Romania
yesterday, 15:48
Libra Internet has granted financing of over EUR10 million for the development of the Alenia Botanic Park residential project in Romania's western... more
-
Vista Bank Romania Acquires Alpha Leasing Romania IFN And Alpha Insurance Brokers
03.03.2025
Vista Bank has announced on March 3 the agreement with Alpha Bank S.A. and Alpha International Holdings S.MS.A. 100% subsidiaries of Alpha... more
-
Banca Transilvania Announces Successful Completion of Merger with OTP Bank Romania
03.03.2025
Banca Transilvania, the largest lending institution in Romania, has announced the successful completion of its merger with OTP Bank Romania in the... more
-
Banca Transilvania Reports RON4.7B Net Profit for 2024 at Group Level, Up 59% YOY
02.28.2025
Banca Transilvania, Romania’s largest lending institution, for 2024 reported RON4.7 billion net consolidated profit, up 59% from 2023, while... more
-
BCR Group Rakes in RON2.76B Net Profit in 2024, Up 19.2% YOY
02.28.2025
BCR group in 2024 generated net profit of RON2.76 billion (EUR556 million), up 19.2%, and operating income of RON6.09 billion (EUR1.22 billion),... more
-
New Fidelis Edition: Romanians Can Buy Government Bonds In March 7-14 Period
02.27.2025
Romania's finance ministry has announced that it will carry out a new issue of Fidelis government bonds for retail investors between March 7 and... more
-
Finance Ministry Raises RON500M From Banks On Feb. 27
02.27.2025
Romania's Finance Ministry raised RON500 million from banks on Thursday (Feb.27), selling government paper due in 2035 at annual average yields of... more
-
CEC Bank Receives European Commission’s Approval For Capital Increase
02.26.2025
CEC Bank has received approval from the European Commission to increase its capital, while Exim Banca Romaneasca is still waiting for it, financial... more
-
Romanians Can Buy TEZAUR Government Bonds Via Ghiseul.ro Platform For 1st Time, As Of March 10
02.26.2025
Romanians everywhere who own debit cards and have accounts on www.ghiseul.ro online platform can purchase government bonds via the TEZAUR program... more
-
Transilvania Broker de Asigurare Reports RON107M Revenue, RON2.5M Net Profit For 2024
02.25.2025
Insurance broker Transilvania Broker de Asigurare (TBK.RO) reported revenue of RON107 million for 2024, lower than RON111 million recorded in 2023,... more
-
Romania Private Lending Up 8.8% YOY in January 2025 to RON418B
02.25.2025
Romania private lending in January 2025 rose by 8.8% from the year-earlier period, to RON418.6 billion, after local currency loans went up by 10.9%... more
-
Raiffeisen Bank Ends 2024 with RON1.67B Net Profit, over RON82B Assets
02.25.2025
Raiffeisen Bank Romania, the sixth largest bank by assets, generated RON1.67 billion net profit in 2024, close to the 2023 level, while the... more
-
Romania Banking System Rakes In Record High RON14.8B Profit in 2024
02.25.2025
The still high interest rates and continued lending drove Romanian banking system profit to a record high of around RON14.8 billion in 2024, up 8%... more
-
Salt Bank Aims To Overshoot 700,000 Customer Mark In 2025
02.24.2025
Salt Bank, the first 100% digital Romanian bank, held by the Banca Transilvania Group, has more than 400,000 customers after ten months from its... more
-
Finance Ministry Raises RON2.5B From Banks Via Two Bond Issues On Feb. 24
02.24.2025
Romania's Finance Ministry raised RON2.57 billion from banks on Monday (Feb. 24), selling government paper in two auctions, at annual average... more
-
Romgaz Makes RONI230M Deposit With Exim Banca Romaneasca
02.21.2025
State-run natural gas producer and supplier Romgaz (SNG.RO), made a term deposit without auto-renewal option, with the interest rate negotiated,... more
-
Finance Ministry Raises RON1.9B From Banks Via Two Bond Issues On Feb 20
02.20.2025
Romania's Finance Ministry raised RON1.89 billion from banks on Thursday (February 20), selling government paper in two auctions, at annual average... more
-
NN Asigurari de Viata Ends 2024 with almost RON1.15B in Gross Underwritings, Up 12.7% Vs 2023
02.20.2025
NN Asigurari de Viata, leader of Romania life insurance market, ended 2024 with a volume of gross underwritten premiums of almost RON1.15 billion,... more
-
Finance Ministry Raises RON675M From Banks On Feb 17
02.17.2025
Romania's Finance Ministry raised RON675.7 million from banks on Monday (February 17, 2025) selling benchmark bonds, at an annual average yield... more
-
ING Bank Romania Ends 2024 with RON3.8B Revenues, Up 13% YOY, over RON1.8B Profit
02.17.2025
ING Bank Romania raked in RON3.8 billion revenues in 2024, up 13% from the 2023 level. more

The Ministry of Energy and the companies Reţele Electrice Muntenia, Reţele Electrice Banat and Reţele Electrice Dobrogea (part of
more
More than 3,600 companies went insolvent in the first half of 2024, which translates into a 5.8% increase compared to the first six
more
Romania's energy ministry has signed 27 financing contracts worth a total RON138.2 million which target investments in the local
more
Bucharest’s short-term rental market had a booming post-pandemic evolution considering that in 2023 alone, the industry generated
more
The volume of real estate deals in Romania posted an 131% advance in the first half of this year, to EUR418 million, marking the
more
The assets of open-end equity funds in Romania, which have three times fewer investors than bond and fixed income funds, increased by
more
Romania 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
more
Fiscal 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 Savings
Romania 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.