02.07.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, reported a net profit of EUR7.9 million for 2021, up 8% on the year, mainly due to revenue growth from more

02.04.2022

International rating agency Fitch Ratings has revised Garanti Bank S.A.’s (GBR) Outlook to Stable from Negative, while affirming the Romanian bank’s Long-Term Issuer Default Rating (IDR) at more

02.03.2022

ING Bank Romania is turning its Department of Corporate Social Responsibility, set up in 2012, into a Sustainability Department, in line with the transition to a green economy and the development of more

02.02.2022

OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, has announced a 75% surge in the number of clients who carried out banking transactions using the Internet Banking more

01.27.2022

ING Bank Romania has granted the second loan facility of RON10 million (EUR2 million) to the company Agrinvest Credit IFN specialized in financing the Romanian agricultural sector. more

01.26.2022

Raiffeisen Bank on Wednesday said it assisted investment fund Insight Investment, as financial advisor, on the sale transaction of Dutch-based company Thames Farming Enterprises to African Industries more

01.21.2022

Nuclear power producer Nuclearelectrica (SNN.RO) on Friday notified shareholders and investors that based on the order to open a negotiated interest deposit, the company placed a RON52.5 million more

01.21.2022

Lender Patria Bank (PBK.RO), held by investment fund Emerging Europe Accession Fund (EEAF), said in a stock market report on Friday that, within the share capital increase operation approved by more

01.21.2022

The International Investment Bank (IIB), founded in 1970 by several countries including Romania, on Friday said it started the implementation of the financing plan for 2022, with two transactions more

01.18.2022

OTP Bank, the largest banking group in Hungary, also present in Romania, has appointed Bogdan Spuza to the position of Chief Executive Officer (CEO) of its division in the Republic of Moldova, more

01.11.2022

PayU, eMAG and Alpha Bank Romania extend the Instant Money Back service to Hungary so that eMAG clients who make online payments with a saved card and make a return can receive the value of the more

01.11.2022

Romanian state-owned lender CEC Bank on Tuesday announced the payment of dividends in the amount of RON634.3 million from the profit of financial years 2019 and 2020, to its shareholder, the Finance more

01.10.2022

Romania's central bank on Monday (January 10) raised its benchmark interest rate to 2% a year from 1.75% a year, starting January 11, 2022. more

12.29.2021

OTP Bank Romania, the domestic subsidiary of Hungary’s biggest banking group, on Wednesday said it increased its share capital for the second time in 2021, by over RON200 million. more

12.23.2021

One United Properties (ONE.RO), a real estate developer of residential, office and mixed-use projects in Romania, has signed a partnership agreement with lender Raiffeisen Bank International for the more

12.16.2021

Impact Developer & Contractor (IMP.RO) continues the implementation of the development strategy for the next six years by signing a EUR5 million loan agreement with OTP Bank, through its subsidiary more

12.16.2021

The Board of Directors of lender Patria Bank on Thursday approved the appointment of Georgiana Mihaela Stanciulescu to the position of Deputy General Manager - Financial Division, member of the Board, more

12.14.2021

TBI Bank, part of 4Finance Group, with activities in Romania, Bulgaria, Germany, Denmark, Sweden, Poland and Lithuania, is expanding its operations into Greece after it has recently obtained the more

12.14.2021

Logistics parks developer Mega Company, advised by the Capital Markets team of real estate consulting firm JLL Romania, has secured a loan of EUR20.6 million from lender Alpha Bank to fund the Mega more

12.14.2021

Lender Raiffeisen Bank has won a tender organized by natural gas producer and supplier Romgaz (SNG.RO) to obtain a part of the funded needed for the acquisition of US giant ExxonMobil's stake in the more

12.13.2021

Intesa Sanpaolo Bank, the local subsidiary of Italian Intesa Sanpaolo Group, has granted over 1,400 financings for 1,056 Romanian companies which benefited from the guarantees provided under the more

12.03.2021

Libra Internet Bank, the first bank in Romania to offer a 100% online bank account and 100% online loan, continues the financing through the capital market and lists its second bond issue, worth EUR40 more

12.02.2021

Claudia Pendred has received the approval of Romania’s central bank for the position of independent member in the Supervisory Board of Raiffeisen Bank. more

12.01.2021

Alpha Bank, a top ten lender in Romania by assets, posted pre-tax profit of EUR20 million in the first nine months, more than in the year-ago period. more

11.29.2021

The Bucharest Stock Exchange on Monday said the bonds issued by Libra Internet Bank worth EUR40 million would start trading on the Main Market on Friday (December 3), under the ticker LIBRA28E. more