02.02.2024

Libra Internet Bank granted RON82.7 million funding to Glodeni Energy, part of the portfolio of DTEK Renewables International (DRI), a private energy investor of Ukraine, for the construction of green more

02.01.2024

Romania's foreign exchange reserves stood at EUR61.4 billion on January 31, 2024, compared to EUR59.7 billion on December 31, 2023, central bank data showed on Thursday (February 1). more

01.25.2024

In 2023, the European Investment Bank Group signed new financing contracts for close to EUR88 billion for high-impact projects in EU policy priorities, including climate action, sustainable more

01.22.2024

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Jan.22) announced its shareholders in a stock market report that it opened a term deposit with state-run lender CEC Bank, in the more

01.18.2024

Alpha Bank Romania launched at the beginning of 2024 the identity verification function of the recipient of payments made through online banking by joining the Beneficiary Name Display Service (SANB), more

01.16.2024

The acquisition of Alpha Bank Romania is going well, the due diligence was fine and nothing to change the course of this deal was found, Teodora Petkova, UniCredit’s global head for Central and more

01.16.2024

Law firm Filip & Company has assisted Alpha Bank in completing the acquisition of retail activities of Orange Money Romania, the digital financial services provider of Orange Romania. more

01.15.2024

Alpha Bank completed the transfer of the operations of Orange Money Romania on January 12, that is the customer portfolio, the digital assets (mobile application), the credit card portfolio and the more

01.12.2024

The annual inflation rate posted a faster-than-expected decrease in the first two months of Q4/2023, falling to 6.72% in November, from 8.83% in September, amid the continued slowdown in the growth more

01.12.2024

Romania's central bank has decided at its board meeting on Friday (January 12, 2023) to keep its benchmark interest rate on hold at 7% a year, being the bank's eighth consecutive rate freeze. more

01.10.2024

The World Bank has revised its projection for Romania's economic growth downwards to 1.8% for 2023 and to 3.3% for 2024, respectively, according to January 2024 edition of the World Bank's Global more

01.10.2024

ING Bank Romania ended the first nine months of 2023 with total revenue of RON2.5 billion, up 18% year-over-year, and a net profit of RON1.17 billion, up 30% year-over-year, amid reduced risk more

01.09.2024

UniCredit Bank Romania has granted a EUR39.3 million loan to Comcris Energy SRL, a subsidiary of Vienna-based renewable energy generation company Energy, with the funds being destined to the more

01.09.2024

CEC Bank has granted a EUR8 million loan to Cerinvest Imobiliare SRL, the developer of shopping center Fashion House Outlet Pallady. more

01.09.2024

Romanian state-run aircraft maker Avioane Craiova (AVIO.RO) has called shareholders to decide on extending by six months the contracting of a credit facility under the form of a bank guarantee letter more

01.05.2024

Romania's Competition Council said it was analyzing the transaction through which Intesa Sanpaolo intends to acquire First Bank Romania from US-held private investment firm J.C. Flowers, as announced more

01.04.2024

Alpha Bank Romania signed in December 2023 a partnership with the European Investment Fund (EIF) for the implementation of financial instruments such as portfolio guarantees. more

01.03.2024

Romania's foreign exchange reserves stood at EUR59.7 billion on December 31, 2023, up 1.48% from EUR58.8 billion on November 30, 2023 and up 28.1% from EUR46.6 billion on December 31, 2022, central more

12.22.2023

Former finance minister and former Senate speaker in Romania Anca Dragu has been appointed governor of the National Bank of the Republic of Moldova. The decision was voted by 58 deputies, as more

12.20.2023

UniCredit Bank, which is part of the UniCredit Group and one of the major banks in Romania, is listing today, 20 December, its second corporate bonds issue on the stock exchange this year, worth RON more

12.18.2023

Real estate developer One United Properties (ONE.RO) has announced in a stock market report on Dec 18 the conclusion of a credit facility agreement with Alpha Bank Group, with a total value of up to more

12.15.2023

Raiffeisen Bank, one of the largest banks in Romania by assets and with bonds listed at the Bucharest Stock Exchange, informed the local stock market in a report on Dec 14 about its shareholders' more

12.14.2023

ROCA Agri RDF, the agricultural holding company launched by ROCA Investments, announces that Romania's central bank has authorized the functioning of AGRO IFN, a Non-Banking Financial Institution more

12.13.2023

Romania's central bank has published the Financial Stability Report, the December 2023 edition, which shows that the main systemic risks to financial stability have remained the same since the more

12.13.2023

Patria Bank (PBK.RO) has informed investors in a stock market report on Dec 12 that the mandate of Suleyman Burak Yildiran as General Manager would end, by mutual consent, starting with the date of more