02.26.2024

Revolut is entering the bank deposit market in Romania and rolling-out annual interest-bearing in-app savings accounts to its over 3.5 million customers in Romania. 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

08.01.2023

The number of Romanians who manage to save a reasonable amount of money (between 20% and 50% of their income) each month has increased by 35% in 2023 vs. 2022, to around 30% of the population, yet more

12.27.2022

Private lending in Romania increased by 13.2% to RON364.4 billion in November compared with the year-ago month, after leu-denominated loans increased by 9.2% and the foreign currency loans expressed more

10.06.2022

Romania could increase its gross domestic product (GDP) by 10% until 2050, generating an additional contribution of EUR575 billion by boosting savings and redirecting them towards lucrative more

08.26.2021

Over six in ten Romanian employees say they do not have a plan to boost their revenues after retirement, such as private pensions or real estate assets, and they are strictly relying on the state more

06.29.2021

One in three Romanian plans to buy a home in the next 12 months although 70% think currently residential prices are overrated and 77% think prices will grow in 2022, according to a survey by Ipsos more

07.27.2020

The number of savings accounts opened by ING Romania customers through the Home’Bank platform grew at an annual rate of 144% in the second quarter of 2020, also driven by the bank's launch of a more

07.02.2020

Approximately 46% of Romanians said they spent less during the coronavirus lockdown, above the EU average of 44%, and 31% said they saved more, similar to the EU average of 30%, according to a global more

02.05.2020

Among Europeans, Romanians are the most interested in saving to buy a home, as 84% find owning preferable to renting, while 21% don't think they could afford to buy their own home, a survey by ING more

01.24.2020

Romanian individuals made leu and euro deposits worth 124.5 billion lei in the first eleven months of 2019, 8.3% more than in the year-earlier period, Romania’s central bank data show. more

07.03.2019

Nearly 40% of Romanians expect to save less this year compared with 2018 and 52% expect they will spend more on food and utilities (53%), according to a survey on household spending by market research more

02.20.2019

Around 54% of Europeans expect to continue working after retirement age, with the highest rates among Romanians and Czechs (63%), according to the ING International Survey Savings 2019 released more

07.24.2017

16% of Romanians would use their savings if they had no money left, compared with 29% of Germans and 27% of Italians, according to a comparative social research by Kruk Group. more

07.26.2016

Romanians’ local-currency savings reached a new record high in June, to RON97.5 billion, up 1.7% on the month and 10.7% on the year, according to central bank data. more

12.03.2015

Nearly three quarters of Romanians said they would take money out of their savings accounts if interest rates went negative, of which over 17% would switch into alternative assets (such as the stock more

09.25.2015

The housing savings and loan system introduced in Romania ten years ago is under investigation by the Court of Accounts on suspicion that the government subsidies part of the process were not used as more

04.14.2015

The bet on Swiss franc growth and investments on the Austrian bourse were the strategies that brought the biggest gains to mutual funds in Romania in the first quarter, of as much as 34.6% in euros. more

06.02.2014

Half of the Romanians trust only big banks, one third prefer to keep their savings at home, (from 25% in 2006) due to the lack of confidence, low interests and high commissions, while the intention to more

12.03.2013

Companies renting office space can save up to 30% on costs by re-examining the amount of space allocated to each employee, as wityh the evolution of technologies there are companies where fewer more

11.07.2013

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) has provided financing of over 100 million lei (EUR22.5 million) this year, double on the year, through 1,500 contracts. more

05.31.2013

Deposits in local branches of foreign banks have declined in the first quarter of the year to 6.49% from 6.76%, as people pulled their money following the crisis triggered mid-March in Cyprus and made more

04.10.2013

Romanian mortgage lender BCR Banca pentru Locuinte (BCR BpL) had 304,000 clients at the end of 2012, cumulating savings deposits of over 1.4 billion lei (EUR0.32 billion), up over 60% on the year. more

03.28.2013

Romanian banks will be required to specify in their savings account offers the entity that guarantees the deposits to avoid any possible misunderstanding, central bank governor Mugur Isarescu said more

03.15.2013

Uncertainty about the economy and the lingering financial crisis have pushed many Romanians to save more despite the low interests, Volksbank Romania’s vice-president Lucian Cojocaru said Friday. more