12.05.2024

Clifford Chance Badea and Clifford Chance Frankfurt have assisted Erste Group Bank A.G. and ING Bank N.V. as Joint Lead Manager and Co-Arrangers, and BT Capital Partners, as Co-Manager, in the deal more

12.04.2024

tbi bank, one of the leading challenger banks in Southeast Europe, has announced the appointment of Costin Mincovici, the bank’s Chief Credit Risk Officer, to the bank's Management Board. more

12.04.2024

CEC Bank has granted Tu Agrar farm, part of Rodbun group, a EUR3.3 million investment loan for the acquisition of shares of Frontier Invest Goup, a company that owns around 560 hectares of irrigable more

12.02.2024

Global law firm Dentons has announced in a press statement on Dec 2 that it has advised CEC Bank on the update of its existing Medium-Term Note (MTN) Program followed by the raising of EUR300 million more

11.28.2024

Vista Bank (formerly Marfin) wants to raise cash over the next five years via senior, subordinated and convertible corporate bonds, denominated in euros, lei or another currency, with a maximum more

11.27.2024

ING Bank Romania ended the first nine months of 2024 with RON2.83 billion revenues, up 13.5% from the year-earlier period, while its loan portfolio grew by 16%. more

11.22.2024

tbi bank, which provides flexible payment solutions, has signed a partnership agreement with insurance broker DAW Management, whereby customers can buy insurance, including auto liability insurance more

11.22.2024

CEC Bank has successfully closed a new bond issue worth EUR300 million on international markets, through a issue of Senior Non- preferred MREL Eligible Notes. more

11.19.2024

tbi bank, which operates on several markets including Romania, ended the first nine months of 2024 with EUR38 million net profit, 34% higher than in the year-ago period, and operating income of EUR186 more

11.14.2024

The board of directors of Banca Transilvania, Romania’s largest lending institution, has convened the Extraordinary General Meeting of Shareholders for December 18th, a date when they will vote on more

11.13.2024

CEC Bank, the largest state-run lender in Romania, fully owned by the Finance Ministry, has redeemed RON660 million worth of notes listed on the Bucharest Stock Exchange and due in December 2025. more

11.13.2024

Dendrio, part of Bittnet group, has contracted a RON5 million credit line from ING Bank to fund working capital and current activities. more

11.08.2024

Romania's central bank has decided at its Board meeting on Friday (Nov 8, 2024) to keep its key interest rate unchanged at 6.5% a year, the level it reached in August 2024. more

11.07.2024

Workshop Doors, a subsidiary of construction holding company ROCA Industry, has announced in a stock market report on Nov 7 that it signed three financing agreements with First Bank S.A. to obtain more

11.06.2024

Over half (53%) of Romanians plan to go shopping this Black Friday, but, while most of them are set to spend at least RON500, the value is comparable to or even lower than in 2023 for 72% of more

11.05.2024

Law firm Clifford Chance Badea has assisted Alpha Bank Group and Alpha Bank Romania S.A. with regard to all the aspects of Romanian law for the sale of 90.1% in Alpha Bank Romania S.A. to UniCredit more

10.30.2024

Raiffeisen Bank, the local subsidiary of the Austrian group of the same name and the sixth largest bank in Romania by assets, generated RON1.26 billion profit in the first nine months of 2024, more

10.24.2024

ALRO, one of the largest vertically integrated aluminium producers in Europe, has announced in a stock market report that on Oct 24 the company's Board of Directors called the extraordinary general more

10.22.2024

Maria Zoicas is joining ING Bank Romania as Head of the Human Resources Department, effective November 2024. more

10.21.2024

Electricity supplier and distributor Electrica (stock symbol: EL) announced in a stock market report on Oct 21 that it called shareholders for a meeting on December 11 to vote on approving the more

10.18.2024

An integrated team of lawyers and advisors from law firm KPMG Legal – Toncescu si Asociaţii and KPMG Advisory, acted as consultant in the process during which Token Payment Services (TOKEN) was more

10.16.2024

Visa and Raiffeisen Bank have launched for the first time in Central and Eastern Europe the Visa Signature card (debit and credit), expanding exclusive benefits for super-premium cardholders in the more

10.14.2024

Token Payment Services (TOKEN) was authorized by Romania's central bank to accept online payment operations and transactions at physical POS (point of sale) terminals, in accordance with PSD2 more

10.14.2024

Romania's total external debt (public and private) increased by EUR14.1 billion in January-August 2024 versus December 31, 2023, up to EUR182.5 billion, central bank also showed on October 14, 2024. more

10.11.2024

Romania's central bank has a new Board of Directors, for a five-year term, led by Chairman and Governor Mugur Isarescu, starting October 11, 2024. more