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, excessive spending during the holiday period and more

01.17.2025

The World Bank projects 2.1% economic growth in Romania in 2025, after 1.3% forecast for 2024, underscoring that, despite EU fund inflows, the recently announced fiscal consolidation moves have led to more

01.16.2025

Romanian state-owned lender CEC Bank has selected Swiss-based banking software specialist Temenos to streamline its retail and corporate core banking systems. more

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

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 level it reached in August 2024. more

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 risks, the bank said in a report on Monday (January 13, more

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 Europe Bank N.V. of Netherlands. more

01.09.2025

Credit Europe Bank has completed the merger process with the Dutch parent bank Credit Europe Bank N.V. and starting January 1 operates in Romania as a branch of the Dutch bank, under the name of more

01.08.2025

Romania experienced robust economic growth between 2016 and 2021, resulting in a substantial reduction in poverty; the poverty rate ($6.85/day PPP) dropped by 14.7 percentage points to 7.1 percent, more

12.27.2024

Natural gas producer and supplier Romgaz (SNG.RO) on Friday announced having made a term deposit without auto-renewal option of RON170 million with Exim Banca Romaneasca. more

12.27.2024

Population and company deposits in November totaled RON614.4 billion, up 10.6% from the same period of 2023 (5.2% in real terms), after local currency deposits went up by 13.7% and foreign currency more

12.24.2024

Entrepreneurial company Grup Serban Holding (stock symbol: GSH), which operates in agriculture, has announced in a stock market report on Dec. 23 that it has successfully finalized the signing of its more

12.23.2024

UniCredit Bank, part of the UniCredit Group and one of the largest banking institutions in Romania, is listing a new corporate bond issue worth RON750 million on the Bucharest Stock Exchange (BVB), on more

12.20.2024

Real estate developer Impact Developer & Contractor (stock symbol: IMP) has concluded an agreement with Libra Internet Bank for the granting of a credit facility amounting to EUR7 million, the company more

12.20.2024

CEC Bank, the third largest bank in Romania by assets, is listing on Friday (Dec.20), on the Regulated Market of the Bucharest Stock Exchange (BVB) a EUR300 million issue of senior non-preferred more

12.19.2024

Real estate holding Meta Estate Trust has contracted an almost EUR1 million loan from Patria Bank to refinance 60% of its investment in Swissôtel project of Poiana Brasov. more

12.18.2024

The shareholders of Banca Transilvania (stock symbol: TLV) have approved BT’s merger with OTP Bank Romania within the Extraordinary General Meeting of Shareholders held on Wednesday (Dec. 18). more

12.18.2024

Banca Comerciala Romana (BCR) and Erste Group Bank AG have provided EUR107.23 million financing to Enery, a key player in the renewable energy sector in Central and Eastern Europe. more

12.18.2024

Salt Bank, the first Romanian neobank, fully owned by Banca Transilvania Financial Group, has gone beyond 330,000 clients after the first eight months since launch on the local market, aiming to reach more

12.17.2024

The European Investment Bank (EIB) is lending EUR200 million to Distributie Energie Electrica Romania (DEER), the distribution operator of Electrica Group, to upgrade its electricity distribution more

12.16.2024

The average budget for Christmas gifts in 2024 reaches RON700 at most for six in ten Romanians, similar with last year's budget, according to a nationwide survey carried out at the initiative of tbi more

12.12.2024

The shareholders of electricity supplier and distributor Electrica (stock symbol: EL) approved the provision of a guarantee for a term loan of up to EUR200 million that Electrica's subsidiary, more

12.10.2024

Mircea Cotiga, with 16 years of experience in the financial sector and six years as entrepreneur, has taken over the position of Chief Financial Officer (CEO) and member in the Board of Directors of more

12.10.2024

Romania's central bank has announced in a press statement on Dec.10 that its Board of Directors approved on September 30, 2024 the Internal Regulation on the general framework for emergency liquidity more

12.06.2024

Salt Bank, the first Romanian neobank, has won the award for Best Use of Tech in Retail Banking at London Banking Tech Awards 2024, with the banking boasting a completely digital banking solution more