09.30.2024

Installments of RON-denominated loans taken out after 2019 will edge up starting October as loan reference index IRCC rose from 5.86% in July-September to 5.99%, the highest level since its more

07.22.2024

Retele Electrice companies, part of the PPC Group, signed credit agreements worth RON1 billion with the European Bank for Reconstruction and Development (EBRD), Banca Transilvania, BCR and ING Bank more

05.30.2024

The Board of Directors of Agroland Business System, a group that owns the largest network of agricultural stores in Romania, has convened shareholders to vote on July 1 on the acquisition of two more

03.14.2024

New loans granted by banks in Romania to households and companies amounted to RON140 billion in 2023, which translates into an increase of 10.4% compared to the volume of new loans accessed in 2022, more

02.22.2024

Victor Stinga, the interim CFO of Revolut, said the fintech wants to launch mortgages and savings accounts as a rising number of European clients, including Romanian ones, are starting to see Revolut more

02.16.2024

ING Bank Romania supported bonds and loans (syndicated or bilateral) of more than EUR1 billion in sustainable transactions in 2023, compared to over EUR600 million mobilized in bonds and loans more

12.20.2023

Consumer loan company Provident Financial Romania, part of International Personal Finance (IPF), has granted loans worth EUR1.73 billion since its entry on the local market, in 2006, and, in 2023, the more

10.14.2023

More than a third of Romanians (34.3%) want to take out a loan in the coming months, of which almost 62% want a personal loan, according to a tbi bank survey among 1,057 respondents across the more

09.07.2023

The shareholders of Romanian cable maker Iproeb Bistrita (IPRU.RO) have approved at their latest general meeting a decision allowing the company to contract bank loans in the amount of EUR5.4 million. more

08.01.2023

Grup Serban Holding, a Romanian entrepreneurial company operating in the agribusiness sector, announced in a stock market report on Monday (July 31) that two entities that are part of Grup Serban more

05.09.2023

Alpha Bank Romania posted EUR11 million net profit in the first quarter of 2023, while its assets reached EUR4.4 billion, 13% higher than in the year-ago period. more

05.02.2023

Law firm Filip & Company has assisted RCS & RDS S.A., part of Digi Group, in contracting new financing totaling over EUR132 million, for a period of up to three years. more

03.31.2023

Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2022 registered EUR1.55 million net profit and reported 22% portfolio expansion, to EUR32.5 million. more

03.21.2023

The shareholders of Carbochim Cluj-Napoca (CBC.RO), the largest local professional abrasives producer, will put to a vote a decision to approve the contracting of investment loans in the amount of more

02.17.2023

Shareholders of BRD – Groupe Société Générale (BRD.RO), the third largest bank in Romania by assets, approved at their Extraordinary General Meeting the issuance of eligible additional tier 1 more

02.09.2023

In 2022, Raiffeisen Bank granted a total 2,333 loans within the IMM INVEST programs for more than 2,000 customers operating in various fields of activity, with an approved value of EUR592 million. more

12.02.2022

Commerce, manufacturing and agriculture are the economic sectors that received the bulk of corporate financing from lender Banca Transilvania, as the combined balance of loans granted for the three more

09.21.2022

AVBS Credit, a Romanian broker for banking services, intermediated sales of bank and non-bank loans in the amount of EUR42.5 million in the first seven months of 2022, 17% more than in the same period more

09.07.2022

Raiffeisen Bank is launching factory GROW, a personalized business scaling model based on which entrepreneurs (small and medium-sized enterprises- SMEs) may obtain loans up to EUR500,000 in order to more

08.26.2022

Banca Transilvania financial group ended the first half of this year with net consolidated profit of RON1.046 billion, 3% higher than in the same period of 2021, with the bank’s profit standing at more

08.10.2022

Shareholders of vegetable oil producer Argus Constanta (UARG.RO), held by SIF Oltenia, approved at their general meeting of August 8 the contracting by the company of bank loans in a maximum amount of more

08.03.2022

Alpha Bank, among the ten largest banks by assets on the Romanian market, in the first half of this year posted EUR18.2 million gross profit, up 71.6% from the 1H/2021 level. more

06.23.2022

ING Bank Romania has granted investment loans worth over EUR25 million over the last three years to Boromir, the largest Romanian-held business in the milling and bakery sector. more

05.30.2022

Agrinvest Credit IFN, a company specialized in financing the Romanian agricultural sector, on Monday said it plans to grant new loans worth over RON45 million in 2022 after the volume of loans granted more

05.17.2022

The number of eurozone businesses and households unable to make repayments on their bank loans is set to rise, according to the first EY European Bank Lending Economic Forecast. more