Results 126 - 150 from 2602 for "bank"
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Romania Forex Reserves Grow To EUR65B In May 2024
06.03.2024
Romania's foreign exchange reserves stood at EUR65.07 billion at end-May 2024, higher by EUR2.5 billion compared with EUR62.5 billion recorded in April 2024, central bank data showed on Monday (June more
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Clifford Chance Badea Assists JC Flowers & Co in Completing Sale of First Bank to Italy’s Intesa
06.03.2024
Clifford Chance Badea, the Bucharest office of global law firm Clifford Chance, has assisted J.C. Flowers & Co. in finalizing the sale of First Bank to Italian group Intesa, thus marking the exit of more
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Italy's Intesa Sanpaolo Group Officially Completes Acquisition Of First Bank Romania
05.31.2024
Italy's Intesa Sanpaolo Group has officially completed the acquisition of First Bank Romania from US private investment firm J.C. Flowers, and thus climbs in the ranking of ten largest banks in more
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Raiffeisen Bank To Inaugurate New Finance And Banking Tech & Software Development Center In Romania, On July 1
05.29.2024
Raiffeisen Bank will be inaugurating Raiffeisen Tech, the new finance and banking tech and software development center in Romania, on July 1, 2024, the parent group informed in a release on Wednesday more
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Golden Food Snacks Borrows RON2.8M From CEC Bank
05.23.2024
Golden Food Snacks, the producer of the ELMAS seeds, has borrowed RON2.8 million from Romanian state-run lender CEC Bank, as per a stock market report. more
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Central Bank: Romania's Annual Inflation Rate Expected To Decline To 4.9% In Dec 2024 vs Previous Prediction Of 4.7%
05.23.2024
Romania's annual inflation rate is expected to decline to 4.9% in December 2024, from a previous projection of 4.7%, and to fall only marginally inside the variation band of the target at the end of more
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Black Sea Trade and Development Bank Increases Share Capital By 35% To Over EUR3B
05.23.2024
The Board of Governors of the Black Sea Trade and Development Bank (BSTDB) has completed the subscription process for the Bank’s second capital increase during a special meeting held in Ankara, more
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tbi bank Signs Partnership Deal With Safety Broker Enabling Customers To Buy Insurance
05.17.2024
tbi bank has signed a partnership agreement with Safety Broker, whereby customers can buy insurance, including auto liability insurance RCA, through the Buy Now, Pay Later (BNPL) solution, in four more
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Alpha Bank Romania Reports EUR16M Net Profit in Q1/2024, Up 45%
05.17.2024
Alpha Bank Romania in the first quarter of 2024 registered EUR16 million net profit, up 45%, while the bank’s assets reached EUR4.7 billion, 8% higher than in the previous year. more
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Patria Bank almost Triples Profit in Q1/2024, To RON8M
05.16.2024
Patria Bank in the first three months of 2024 recorded net profit worth RON8 million, up 171% from the year-earlier period. The result incorporates the new tax on turnover of 2% applicable to credit more
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Romgaz Hires Biggest US Bank JPMorgan To Lead Bank Consortium Set to Handle Bond Sale on External Market
05.16.2024
Romania’s state-owned natural gas producer Romgaz has selected JPMorgan, America’s largest bank, to lead the bank consortium that will intermediate bond issues abroad, financial market sources more
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Romania's Central Bank Further Holds Key Rate Steady At 7% a Year
05.13.2024
Romania's central bank has decided at its Board meeting on Monday (May 13, 2024) to keep its key interest rate unchanged at 7% a year, being the bank's fourth consecutive rate freeze in 2024 and the more
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APS and EBRD Buy EUR400M Worth of NPLs in Romania from Piraeus Bank
05.13.2024
The European Bank for Reconstruction and Development (EBRD) and APS, a leading non-performing loan (NPL) management firm in Europe, are jointly investing in a funded participation concerning a more
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OTP Bank Romania Ends Q1 With RON219M Total Income
05.10.2024
OTP Bank Romania posted total income of RON219 million in the first quarter of 2024, an increase of 2% year-on-year, while the net profit shrank by 88% to RON2 million, as per the report published in more
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CEC Bank Finances Over 3,000 Investment Projects From EU Funds, Worth A Total Of RON9.4B, In Last 17 Years
05.10.2024
Romanian state-run lender CEC Bank has financed more than 3,000 investment projects from European funds, in the last 17 years, according to Ramona Ivan, Director of Relations with National and more
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Diana Mihai To Take Over As Head of Marketing, Communication And Brand Experience Of ING Bank Romania
05.09.2024
Diana Mihai will take over the role of Head of Marketing, Communication and Brand Experience of ING Bank Romania, starting June 17, 2024, in line with data from the bank's representatives. more
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Competition Council Approves Takeover Of First Bank Romania By Intesa Sanpaolo Bank
05.07.2024
Romania's Competition Council approved the transaction through which Intesa Sanpaolo Bank intends to take over First Bank Romania, which is held by US private investment firm J.C. Flowers. more
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CEC Bank Group Generates RON540M Net Profit in 2023, Up 27%
05.02.2024
CEC Bank group in 2023 registered net profit worth RON540 million, 27% higher than in 2022, in the context where the bank reported RON515 million net profit, up 21%. more
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Raiffeisen Bank Romania Ends Q1/2024 with RON390M Net Profit, Down 5.7% from Q1/2023
05.02.2024
Raiffeisen Bank Romania, the sixth largest bank by assets in Romania, ended the first quarter of 2024 with RON390 million net profit, down from RON414 million in the year-earlier period, as a result more
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NN Romania Pays Over EUR25M In Total Compensations To Health Insurance Clients
04.30.2024
NN Romania and ING Bank Romania have assisted more than one million clients in benefitting from financial protection through the solutions developed under their strategic partnership started ten years more
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Kearney: Romanian Banks Registered Above Average Income Growth Vs European Peers In 2023
04.24.2024
Romanian banks registered above average income growth versus European peers in 2023, but they still need to catch-up (even with some CEE peers) in productivity metrics like profit per customer or more
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Three Most Profitable Banks In Romania Account For About 50% Of Entire Banking System Profit In 2023
04.17.2024
The largest banks in Romania posted higher profits in 2023 compared with 2022, as lending and income increased. Profits were largely driven by the high interest rates and low risk costs and more
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UniCredit Bank Launches Onemarkets Fund For Romanian Market
04.17.2024
UniCredit Bank introduces exclusive investment solutions to the Romanian market with the launch of onemarkets Fund. more
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Romania's Central Bank: Annual Inflation Rate To Decline Further In Coming Months, But At A Slower Pace Than In 2023
04.17.2024
The annual inflation rate will decline further in the coming months, but at a slower pace compared to 2023 and on a slightly higher path than that anticipated in the February 2024 medium-term more
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Libra Internet Bank Rakes in Record High RON317M Net Profit in 2023, Up 33% YOY
04.05.2024
Libra Internet Bank in 2023 registered RON317.2 million net profit, up around 33% from 2022, while the bank’s assets rose by 14% to RON11.1 billion. more