MedLife, the largest network of private medical services in Romania, announces the signing of the addendum regarding the increase of the credit limit by an additional amount of 50 million Euro, according to the approval received from shareholders, the total […]
CEC Bank recorded an estimated, unaudited net profit of 515.8 million RON in 2023. The bank continued to strengthen its position on the market and recorded an increase in net assets up to 83.5 billion RON – up by 35 […]
In 2023, tbi bank increased its car loan applications by 25 percent to help Romanians afford cars despite financial challenges. The total amount financed also grew by nearly 21 percent. tbi bank processed a record number of financing requests for […]
ING Bank Romania has financed Medisprof Group, which owns the largest private oncology hospital in western Romania, to expand its presence in the region of Moldova. With a floor area of 1,200 sqm and 20 bed chairs for 24-hour hospitalization, […]
tbi bank’s consolidated unaudited financial results for 2023 show net profit of EUR 42.4 million – 16 percent higher than the EUR 35.5 million profit achieved in 2022. Throughout that period tbi onboarded new merchant partners, including new verticals, and […]
Romania was among the top beneficiaries of the European Investment Bank support in 2023 relative to the size of its economy. New financing committed last year reached a record high of 4.1 billion Euro, which corresponds to around 1.3 percent of […]
OTP Bank Romania recorded a consolidated net profit of 262 million RON in 2023, seven times higher than the amount of 2022. Operating profit in 2023 reached RON 270 million, up 25 percent higher than in 2022, as a result […]
The Ministry of Finance (MF) attracted 843.9 million RON and 190.5 million Euro (values totalling 360.3 million Euro), through the first primary offer for the sale of government bonds for the retail investors (FIDELIS) held this year through Bucharest Stock Exchange’s […]
Rodbun Group, one of Romania’s leading agribusiness companies, has signed a syndicated credit facility totaling 101.5 million Euro, through which refinances and increases existing facilities by 37.14 million Euro. The credit facility includes three tranches, a 93.5 million Euro revolving […]
BCR achieved a net profit of RON 2,321 million (EUR 469 million) in 2023, up by 33 percent against RON 1,746 million (EUR 354 million) in 2022, driven by improved operating result underpinned by advance in customer business. “For BCR, […]
