02.15.2023

Romania's central bank revised downwards its inflation forecast for end-2023 to 7% from its previous December projection of 11.2%, central bank governor Mugur Isarescu said on Wednesday (Feb 15) at a more

02.09.2023

In 2022, Raiffeisen Bank granted a total 2,333 loans within the IMM INVEST programs for more than 2,000 customers operating in various fields of activity, with an approved value of EUR592 million. more

02.09.2023

Romania's central bank has decided at its board meeting on Thursday (February 9), its second monetary policy meeting of 2023, to keep its benchmark interest rate on hold at 7% a year. more

02.08.2023

First Bank announces the appointment of Razvan Filcescu to the position of Vice-President responsible for coordinating all business activities. more

02.07.2023

Romanian lender CEC Bank on Tuesday (Feb 7) raised over EUR119 million (about RON587 million) in a new international placement of bonds eligible under the Minimum Requirement for own funds and more

02.01.2023

Libra Internet Bank, a member of U.S. investment group New Century Holdings, is opening a subsidiary in Pipera, one of the most dynamic development areas in capital city Bucharest, reaching a 55-unit more

02.01.2023

eMAG, the biggest online retailer in Romania, has got long-term funding worth almost EUR70 million from Alpha Bank, which will support the construction of a state-of-the-art logistic center near more

01.31.2023

The European Commission has approved, under EU State aid rules, a EUR1.6 billion Romanian measure to set up the Romanian Investment and Development Bank. more

01.30.2023

TIB Bank has sealed a partnership with easySales platform and they are jointly launching a benefits package that includes Buy Now Pay Later for eCommerce businesses as a rising number of consumers are more

01.16.2023

UniCredit Bank, which is part of the UniCredit Group and one of the major banks in Romania, is listing on Monday (January 16,2023) the first corporate bonds issued this year, worth RON488.5 million. more

01.13.2023

The net flow of foreign direct investment (FDI) stood at EUR10.2 billion in January-November 2022, Romania’s central bank said in its latest statement. more

01.12.2023

Raiffeisen Bank is the first bank in Romania to enhance business financing through a synthetic securitization under a new cooperation with the European Investment Bank (EIB) and the European more

01.11.2023

Romania's economy is expected to grow by 2.6% in 2023 and by 4.2% in 2024, according to the World Bank's Global Economic Prospects report. more

01.10.2023

Romania's central bank has decided at its board meeting on Tuesday (January 10), its first monetary policy meeting of 2023, to raise its benchmark interest rate by 0.25% percentage points to 7% a year more

01.09.2023

Law firm Dentons advised a syndicate of lenders - Erste Group Bank, Banca Comerciala Romana, Raiffeisen Bank International, Raiffeisen Bank Romania and Alpha Bank Romania, in the granting of a EUR450 more

01.06.2023

One of the positive pieces of news at the end of 2022, with a relevant contribution for Romania’s macroeconomic and financial stability in 2023, is that the country’s international reserves more

12.30.2022

CEC Bank secured approval from the Luxembourg Stock Exchange at the end of December for its multi-year bond prospectus and successfully placed the first tranches this week, through a private placement more

12.29.2022

After 2020 and 2021 were affected by the effects of the coronavirus pandemic, the year 2022 came with new challenges, such as a war on the borders of Romania, energy crisis, inflation, rise in more

12.23.2022

Libra Internet Bank, a member of US investment group New Century Holdings, said in a stock market report that Romarta SA, one of the largest owners of street front retail space in Bucharest, has sold more

12.22.2022

Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON124 million, the company informed its shareholders and investors via a report more

12.20.2022

Romania recorded a 22% increase in the gross domestic product (GDP) per capita to EUR10,700 in the first nine months of 2022, the highest growth in the European Union, but keeps the second spot in more

12.20.2022

The net flow of foreign direct investment (FDI) stood at EUR9.4 billion in the first ten months of 2022, in line with data from Romania’s central bank. more

12.19.2022

ING Bank Romania has announced that Mihaela Ionita will join its team as Human Resources (HR) Manager and member of the bank’s Board of Directors, starting January 1, 2023. more

12.19.2022

Libra Internet Bank continues its financing through the stock exchange with a third bond issue, worth EUR4.262 million and the bonds will trade on the main section of the Bucharest Stock Exchange, more

12.15.2022

The International Finance Corporation (IFC), a member of the World Bank Group, is granting a loan of EUR20 million to Patria Bank, a bank listed on the Bucharest Stock Exchange, as part of its larger more