Results 551 - 575 from 2546 for "bank"
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Ex PM Viorica Dancila To Advise on Strategy within Central Bank Euro Entry Dept
05.19.2021
Romania's former social-democrat prime minister Viorica Dancila has not been appointed advisor to the central bank governor but will advise on strategy issues within the central bank's euro adoption more
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Patria Bank Switches to Profit in 1Q/2021 from 1Q/2020 Loss
05.18.2021
Lender Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), on Tuesday reported a net profit of RON453,000 for the first quarter of 2021, from a loss of RON2.4 more
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Vox Property Group Gets EUR19.5M Loan from CEC Bank
05.18.2021
Developer Vox Property Group has contracted a loan of EUR19.5 million from CEC Bank to consolidate previous debt and fund projects under development. more
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Romanian Central Bank Raises 2021 Inflation Forecast to 4.1%
05.14.2021
Romania's central bank has revised its inflation forecast for the end of 2021 to 4.1%, from its previous projection of 3.4%, it said in its May Inflation Report released Friday. more
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Romanian Central Bank Holds Key Rate at 1.25%
05.12.2021
Romania's central bank on Wednesday decided to hold the benchmark interest rate at a record low of 1.25% a year, as inflation spiked above 3% since the beginning of the year on higher energy prices. more
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Libra Internet Bank Seeks To Issue Corporate Bonds of Maximum EUR40M
05.12.2021
Lender Libra Internet Bank plans to issue corporate bonds totaling up to EUR40 million, with fixed or variable interest, its shareholders decided in a general meeting on April 16. more
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TBI Bank Reports EUR19.8M Net Profit In 2020
05.12.2021
The consolidated and audited financial results of TBI Bank for all entities of the group point to a net profit of EUR19.8 million in 2020, lower by just EUR3.1 million than the record results reported more
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EBRD Invests EUR11M In Green Bonds Issued By Raiffeisen Bank Romania
05.12.2021
The European Bank for Reconstruction and Development (EBRD) has invested RON53 million (the equivalent of EUR11 million) in a senior preferred green bond issued by Raiffeisen Bank Romania, a more
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Impact Developer Borrows EUR13M from Libra Bank for Real Estate Investments
05.10.2021
Romanian real estate developer Impact Developer & Contractor (IMP.RO) said Monday it has signed two mortgage loan agreements amounting to EUR13.3 million with Libra Internet Bank, for real estate more
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OTP Bank Romania Reports Net Profit Of RON7M In 1Q/2021 Versus RON11M Loss In 1Q/2020
05.07.2021
OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, reported a consolidated profit after tax of RON7 million in the first quarter of 2021, versus a loss of RON11 million in more
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Raiffeisen Bank Net Profit Grows 41% in 1Q, to RON198M
05.07.2021
Lender Raiffeisen Bank, the local division of Austria’s Raiffeisen Bank Group, reported a a net profit of RON198 million in the first quarter of 2021, 41% higher compared with the same period last more
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BSTDB Grants EUR15M Loan for Romania’s Midia Offshore Gas Development
05.06.2021
The Black Sea Trade and Development Bank (BSTDB) has provided a EUR 15 million loan for the Midia Gas Development Project (MGD) to develop the Ana and Doina gas fields offshore Romania. more
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100 Romanian Startups To Get Total Funding Of EUR5M Under Factory by Raiffeisen Bank Program
05.05.2021
Raiffeisen Bank will grant total funding of EUR5 million to 100 Romanian startups, a segment on which the bank attracted over 4400 entrepreneurs throughout the three editions of the factory by more
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CEC Bank Net Profit Above Forecast Level, At RON81.7M In 1Q/2021
05.05.2021
Romanian state-owned lender CEC Bank on Wednesday said it registered a net profit of RON81.7 million in the first quarter of 2021, above the forecast level. more
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Patria Bank Seeks To Boost Lending By 23%, Assets By 10% In 2021
04.28.2021
Patria Bank, held by private equity fund Emerging Europe Accession Fund (EEAF), plans to increase lending by 23% to RON2.19 billion, which will increase the bank’s assets by 10% up to RON3.79 more
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Vista Bank's Acquisition of Crédit Agricole Romania Gets Antitrust Clearance
04.27.2021
Romania's competition authority said Tuesday it has authorized the acquisition of Crédit Agricole Bank Romania by Vista Bank Romania. more
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Toy Distributor Noriel Impex Borrows RON6M From Raiffeisen Bank To Support Business Growth
04.27.2021
Noriel Impex, the distribution division of Noriel Group, a brand operating on the toy and games market, has accessed a financing of RON6 million (EUR1.22 million) from lender Raiffeisen Bank, which is more
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Romanian Central Bank Sees No Further Rate Cuts
04.15.2021
Romania's central bank governor Mugur Isarescu said the central bank would not be reducing the monetary policy rate further and was ready to ensure the flexibility of its inflation target considering more
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Libra Internet Bank Net Profit Plunges 67% YoY To RON38M In 2020
04.15.2021
Libra Internet Bank on Thursday said it ended 2020 with a net profit of RON38 million, down 67% on the year, and the total operating income of RON341 million, up 3.73% on the year, per data aggregated more
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ING Bank Romania Grants RON10M Credit Facility To Agrinvest Credit IFN
04.13.2021
ING Bank Romania has granted a credit facility of RON10 million to Agrinvest Credit IFN to increase lending for small and mid-sized farmers and to cover the company’s working capital needs in 2021. more
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Deltatel Takes RON5M Loan From Raiffeisen Bank, EximBank For Its Working Capital
04.12.2021
Telecom systems integrator Deltatel, based in western city of Timisoara, has accessed a financing of RON5 million from Raiffeisen Bank, which is 90% guaranteed by EximBank, within the COVID-19 state more
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Moody's Upgrades Alpha Bank Romania’s EUR200M Mortgage Bond Issue To A3 From Baa2
04.09.2021
Moody´s Investors Service ("Moody´s") on Friday upgraded to A3 from Baa2 the rating of the mortgage covered bonds issued by Alpha Bank Romania S.A., worth EUR200 million and launched by the lender more
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OTP Bank Raises Share Capital By RON250M
04.01.2021
OTP Bank Romania, the local subsidiary of the largest banking group in Hungary, has increased its share capital by RON250 million, to over RON2 billion, part of the bank's organic development more
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World Bank Sees Romania’s GDP Growing 4.3% In 2021 And 4.1% In 2022
03.31.2021
The World Bank expects Romania's economy to grow 4.3% in 2021 and 4.1% in 2022, after contracting 3.9% 2020, while the inflation is expected to grow to 3%, compared with 2.6% in 2020, per a report on more
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Patria Bank, Qualitance Team Up To Develop Digital Products
03.31.2021
Software and technology company Qualitance and Patria Bank have concluded a partnership aimed at developing digital products for the bank’s clients. more