BCR achieved a net profit of RON 742 million (EUR 149 million) in Q1 2025, up by 19.8 percent against RON 620 million (EUR 125 million) in Q1 2024, driven by improved operating result underpinned by significant advance in customer […]
Banca Comercială Română (BCR) announces its accession to the national RoPay system, the newest and most innovative payment and collection method available in Romania. The service is directly integrated into the George app. The new system is based on account-to-account […]
Garanti BBVA Romania registered net revenues of RON 654 million in 2024, reflecting a 28.6 percent year-on-year increase, with both loans and deposits on an upward trend. In the mentioned period, the bank’s net interest income rose to RON 570 […]
4finance Holding S.A. has signed a definitive agreement to sell TBI Bank to Advent International, a leading global private equity investor from United States, through its subsidiary TBI Financial Services B.V. The transaction is subject to customary regulatory approvals and […]
Banca Transilvania is financing Simtel, one of the leaders in renewable energy in Romania, with 28 million euros for the completion of a photovoltaic park in Giurgiu. This is an investment loan of 16 million euros and a bridge loan […]
The Ministry of Finance (MoF) attracted almost 838 million lei and, respectively, 101 million euros (values totaling over 1.3 billion lei – almost 269.7 million euros), through the third primary offer for the sale of government securities to the population (FIDELIS) […]
The European Bank for Reconstruction and Development (EBRD) recorded a net profit of 1.7 billion euros last year (following a figure of 2.1 billion euros in 2023), according to the Bank’s recently audited financial results. The Bank’s loan investments continued […]
CEC Group reports a net profit of 687.9 million RON for 2024. The Group continued to consolidate its market position and recorded an increase in net assets to 99.33 billion RON – up 19 percent compared to the same period […]
The European Bank for Reconstruction and Development (EBRD) is providing a regional loan of up to 120 million euros to AFI Europe (AFI) to support its development pipeline across Serbia, Poland, Romania and Czechia. The financing will enable AFI to […]
The European Business Women’s Patronage PEFA organizes the third edition of the Conference “Economic trends 2025”, an event dedicated to the economic challenges and opportunities of this year. The event will take place on March 31, 2025, starting at 10:00, […]
