Garanti BBVA Romania has signed a new financing agreement, amounting to EUR 40 million with the International Finance Corporation (IFC), a member of the World Bank Group. The five-year senior unsecured loan is aimed at supporting women-owned enterprises in Romania. […]
tbi bank’s consolidated unaudited financial results for the first quarter of 2025 show net profit of EUR 14 million, 22 percent higher than the EUR 11.6 million profit achieved for the same period of last year. During this period, the […]
The European Bank for Reconstruction and Development (EBRD) has appointed William Roos as Managing Director for Corporate Strategy with effect from 1 September 2025. As Managing Director and a member of the Bank’s Executive Committee, Roos will be responsible for […]
Over 38% of entrepreneurs in Romania are women, 47% of companies with a turnover of over 10,000 lei have at least one woman as a shareholder and 25% of active companies are owned exclusively by women, said on Tuesday the […]
BCR has granted 18.5 million euros in financing to Italian group Alerion Clean Power for the construction of a new photovoltaic project with an installed capacity of 35 MW, located in Călărași County. The investment loan granted by BCR has […]
Garanti BBVA Romania has signed a financing agreement with the European Bank for Reconstruction and Development (EBRD) worth 50 million euros, aimed at strengthening the bank’s capital base and expanding its lending capacity in the Romanian economy, with a focus […]
UniCredit Group announced its financial results for the first quarter of 2025. The company registered a net profit of 2.8 billion euros, up 8.3 percent in Q1. Total revenues stood at 6.5 billion euros in Q1 (+2.8 percent), driven by […]
Moov Leasing, a Romanian company specializing in operational leasing for individuals, microenterprises, and SMEs, has secured a syndicated loan worth 110 million euros to support its national expansion plans. The facility is aligned with the company’s sustainability objectives, with the […]
The outlook on the long-term deposit ratings of tbi bank was changed by Moody’s Ratings from “stable” to “positive”. At the same time the agency also affirmed the bank’s long- and short-term deposit ratings at Ba2/NP and Baseline Credit Assessment […]
Global law firm Dentons has advised Electrica and its subsidiaries Electrica Furnizare and Distribuție Energie Electrică România on a 3.1 billion RON (approximately 622,7 million euros) syndicated loan agreement destinated to refinance part of their existing bank exposure and support […]
