02.14.2022

Romanian state-owned lender CEC Bank ended 2021 with an estimated (unaudited) net profit of RON355 million, higher than RON337.7 million reported in 2020, in parallel with a 22.7% increase in assets more

02.11.2022

Romania’s central bank says the annual CPI inflation rate is projected at 9.6% in December 2022 compared with December 2021, peaking in April, once the support schemes for household consumers of more

02.10.2022

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, grew to 3.53% a year on Thursday (Feb more

02.09.2022

Romania's central bank on Wednesday (February 9) raised its benchmark interest rate by 0.5 percentage points to 2.5% a year from the current rate of 2% a year, starting February 10, 2022. more

02.07.2022

ING Bank was involved in a new green bond issue worth EUR500 million for NEPI Rockcastle, the largest owner of shopping centers in Central and Eastern Europe, also present in Romania, and the funds more

02.07.2022

The European Bank for Reconstruction and Development (EBRD) will guarantee up to 65% of each individual loan granted by Raiffeisen Bank to eligible clients and its commitment could reach up to EUR100 more

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