08.18.2015

Romania’s banking system, which numbers 40 lenders, posted almost 1.2 billion lei (EUR271 million) profit in the first half. Solvency remained high and the non-performing loan ratio went down again, more

08.14.2015

The three largest banks in Romania posted decline in interest income in the first half and the ranking by assets remained unchanged even after the completion of the deal between Banca Transilvania and more

07.08.2015

Raiffeisen and Banca Transilvania preserved their top two positions among the most profitable lenders in Romania last year and Citi climbed to third after a 44% increase in net profit. more

05.21.2015

Raiffeisen Bank International (RBI) posted an after tax profit of EUR25 million in Romania in the first three months, up 54% from EUR16 million in September-December 2014, the lender said in a report more

04.22.2015

TBI Bank, the local unit of TBI Bank EAD Sofia, operated by TBIF Financial Services group, estimates it will switch to profit this year, after RON1.9 million loss in 2014, the bank said in a statement more

03.06.2015

OTP Bank Romania, part of Hungarian group OTP, posted a net profit of HUF765 million (EUR2.47 million) in 2014, after a net loss of HUF1.6 billion (EUR5.18 million) in the fourth quarter of 2014, due more

02.12.2015

UniCredit Tiriac Bank's net profit rose 7% in 2014, to RON80.3 million, and total operating revenue declined 2.1%, to RON1.3 billion, the bank, part of Italian group UniCredit, said in a statement more

05.18.2014

OTP Bank Romania, a unit of Hungarian OTP Bank, posted a net profit of HUF1 billion (EUR3.2 million) in the first quarter, the most it's earned in nearly three years, driven by a higher operating more

05.12.2014

Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, had a net profit of RON72.1 million (EUR16 more

04.17.2014

The banking system posted cumulated net profit of around 500 million lei (EUR112 million) at the end of February, slightly higher than the gain for the entire 2013, though bankers complained about the more

04.07.2014

Raiffeisen Bank retained the position of the most profitable bank on the Romanian market in 2013, posting 458 million lei (EUR103 million) net profit, followed by Banca Transilvania (TLV.RO), with more

01.21.2014

Romania’s banking system probably ended 2013 in the black after having posted cumulated net profit of 1.73 billion lei (EUR381 million) in January-November compared with a RON2.3 billion loss in more

11.18.2013

Romania’s Finance Ministry anticipates that banks and companies, as well as individuals, will earn higher income in the years to come and will contribute more to the budget than the amounts expected more

07.01.2013

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

04.29.2013

Austria's Erste Group Bank AG (EBS.RO) Monday said it registered net profit of EUR176.2 million in the first quarter of 2013, down from EUR346 million in the similar interval a year ago, despite a more

03.21.2013

The economic crisis caused losses for around half the 42 banks on the Romanian market, with the budget “losing” a big share of the resources that banks used to pay in profit tax, as the overall more

06.15.2012

ING Bank Romania posted a pretax profit of 65 million lei (EUR14.6 million) in the first quarter, up 36% on the year, fueled by a 20% increase in assets, the bank said Friday. more

06.04.2012

RBS Romania, a subsidiary of the British banking group RBS, ended 2011 with a net profit of over 100 million lei (around EUR22.4 million), down 30% on the year, but remained one of the most profitable more

03.29.2012

Romania’s central bank reported a pretax profit of 301.4 million lei (EUR70 million) in 2011, according to unaudited financial data, almost five times lower than the previous’ year’s result. more