07.14.2023

Romania's current account balance posted a deficit of EUR8.27 billion in January-May 2023, lower by EUR1.66 billion (-16.7%) than the EUR9.93 billion level reported in the same period of 2022, central more

07.13.2023

Razvan Filcescu has been officially approved by Romania’s central bank to take over the role of Vice-President responsible for coordinating all business activities of First Bank. more

07.13.2023

Raiffeisen Bank and Raiffeisen Asset Management are launching three new recurrent investment solutions of the SmartInvest series, which target investment funds Raiffeisen Euro Flexi, Raiffeisen Ron more

07.03.2023

Romania's foreign exchange reserves stood at EUR53.4 billion in June 2023, higher by EUR335 million versus May 2023, central bank data showed on Monday (June 3). more

07.03.2023

Groupama and Alpha Bank Romania have launched an extended version of the “Travel all Seasons” travel insurance, providing remote medical support, through the ÎntreabăMedic telemedicine service. more

07.03.2023

The Board of Executive Directors of the World Bank Group (WBG) on Monday (July 3) approved the second Inclusive and Green Growth Development Policy Loan (DPL) for Romania in the amount of EUR591.9 more

06.28.2023

Romania's central bank reported a profit of RON1.08 billion for 2022, lower by 46.3% than the level reported in 2021. more

06.27.2023

Growth in bank lending across the eurozone is forecast to slow from a 14-year peak in 2022 (of 5%) and record modest gains of 2.1% in 2023 and 1.7% in 2024, as demand for loans across the region more

06.23.2023

Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON287.5 million, the company informed its shareholders and investors via a more

06.09.2023

The company GalicSud based in Ramnicu Valcea is set to build a photovoltaic (PV) park of nearly 200,000 square meters in Mehedinti County, in the Izvoru Barzii commune, for which Libra Internet Bank more

06.08.2023

UniCredit Bank has participated, alongside other banks in Romania, to the granting of a syndicated loan worth a total EUR250 million to RCS-RDS Group. more

06.08.2023

tbi bank has concluded a partnership with payment processor EuPlatesc.ro, which works with almost 2,000 merchants, in order to offer consumers the possibility of paying their purchases in more

05.26.2023

A survey conducted by Impact Hub and Bravva Angels for ING Bank Romania shows that one in four companies in Romania is 100% owned by women. more

05.25.2023

Private lending in Romania grew by nearly 9% in nominal terms (-2.2% in real terms) in April 2023 versus April 2022 to RON369.9 billion, as local currency lending increased by 1.6% (-8.6% in real more

05.18.2023

Natural gas producer and supplier Romgaz (SNG.RO) benefits from the Issuer Market Maker (IMM) services provided by Raiffeisen Bank International, starting May 16, 2023. more

05.16.2023

After the deal with UniCredit fell through at the end of last year, US private investment firm J.C. Flowers has put up for sale First Bank Romania again. more

05.15.2023

Romania's current account balance posted a deficit of EUR5 billion in January-March 2023, lower by 7.8% than EUR5.42 billion in the same period of 2022, central bank data showed on Monday (May 15, more

05.12.2023

Romania’s largest electricity producer Hidroelectrica and also the most eagerly awaited listing on the Bucharest Stock Exchange invested about RON351 million in corporate bonds due on December 30, more

05.11.2023

Holde Agri Invest, a Romanian company exploiting around 13,200 hectares of farmland, on Thursday morning announced at the Bucharest Stock Exchange the signing of a syndicated credit agreement for four more

05.10.2023

OTP Bank Romania posted after-tax profit of RON15 million (HUF1 billion) in the first quarter of 2023, compared with RON24 million losses in the year-ago period, which was predominantly impacted by more

05.10.2023

Romania's central bank has decided at its board meeting on Wednesday (May 10, 2023) to keep its benchmark interest rate on hold at 7% a year. more

05.09.2023

Alpha Bank Romania posted EUR11 million net profit in the first quarter of 2023, while its assets reached EUR4.4 billion, 13% higher than in the year-ago period. more

05.09.2023

Alpha Bank, one of the ten largest banks in Romania, is in talks with telecommunications group Orange over buying Orange Money IFN Romania, financial market sources told ZF. more

05.05.2023

Romanian state-owned lender CEC Bank ended 2022 with an audited net profit of RON424.3 million, up 16% from 2021, and net interest income of RON1.54 billion, up 43% on the year. more

05.05.2023

Raiffeisen Bank Romania in the first quarter of 2023 posted RON414 million net profit, from RON218 million in the same period of 2022, amid intense lending activity for all business segments, the good more