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

12.07.2023

Romania has made impressive strides in its economic performance over the last decades, but the country is still facing a large convergence gap with EU living standards, and wide regional and social more

12.07.2023

Raiffeisen Bank Romania and Raiffeisen Bank International granted a EUR60 million loan for the development of the largest photovoltaic park of Romania and Southeastern Europe, which became operational more

12.06.2023

State-run nuclear power producer Nuclearelectrica (SNN.RO) made a term deposit of 50 million Canadian dollars (equivalent of RON169.5 million) with state-run lender CEC Bank on Dec 5, the company more

11.28.2023

State-run nuclear power producer Nuclearelectrica (SNN.RO) said in a stock market report on Nov 28 that it made a deposit of RON250 million (CAD75 million) with state-run lender CEC Bank. more

11.27.2023

Real estate developer Impact Developer & Contractor (IMP.RO) announced in a stock market report on Monday (Nov 27) that it had concluded an agreement with Garanti Bank for a working capital-type loan more

11.27.2023

Climate change mitigation efforts in Romania will require public support as they entail increases in consumer prices and/or taxes, as per a World Bank report dedicated to Romania. more

11.24.2023

UniCredit Bank has successfully concluded a new issuance of senior unsecured corporate bonds in RON, carried out during the 21 – 24 November 2023 period. more

11.22.2023

The significant rise in banks’ revenue along with the rise in interest rates and continued lending helped Romania’s banking system make a record net profit of more than RON10 billion (EUR2 more

11.22.2023

The National Bank of Romania approved the appointment of Maria Rousseva for the position of Chief Executive Officer (CEO) of BRD-Groupe Societe Generale, for a four-year term, in line with a report more

11.21.2023

Personal need loans remain among the most sought-after banking services, with almost 70% of Romanians saying they want this type of loan and over 60% saying they want a simpler and faster application more

11.21.2023

Libra Internet Bank, a member of U.S. investment group New Century Holdings, has convened the Extraordinary General Meeting (EGM) of Shareholders for December 22, 2023, the company said in a report to more

11.20.2023

Global law firm Dentons has advised CEC Bank on raising over EUR162 million through a tap of its February 2028 senior non-preferred MREL (Minimum Requirement for Own Funds and Eligible Liabilities) more

11.17.2023

ProCredit Bank Romania has lent EUR3.15 million to nextE group for the construction of a photovoltaic station with an installed power of 7.4 MWp in Bistrita Nasaud county. more

11.16.2023

Corrugated cardboard maker Vrancart (VNC.RO) has contracted a credit facility of EUR21.4 million from ING Bank to support the company's growth. more

11.16.2023

CEC Bank, the largest state-run lender in Romania, has raised EUR162.6 million from investors through a tap of its February 2028 senior non-preferred MREL Eligible Notes issue from February 2023. more

11.16.2023

Idea Bank, which Banca Transilvania acquired two years ago, will change its name to Salt Bank and will become the first 100% digital bank made in Romania. more

11.15.2023

Lender Patria Bank (PBK.RO), held by Emerging Europe Accession Fund (EEAF), ended the first nine months of 2023 with RON15 million net profit, the same as in the year-ago period (RON14.9), it said in more