International Finance Corporation (IFC) has provided a 150 million Euro investment with sustainability-linked features consisting of a syndicated loan facility and a convertible instrument to Lion’s Head Investments (LHI), a commercial property platform in Bulgaria and Romania. Lion’s Head currently […]
tbi bank appoints Alex Garmash as Merchant Ecosystem Leader. In this role, he is set to guide and shape key business activities, fostering collaboration with merchant partners in the bank’s strategic markets of Bulgaria, Romania, and Greece. With more than […]
Maib, the largest bank in Moldova, has announced today that Giorgi Shagidze will extend his mandate as CEO and Chairman of the Management Committee until December 31, 2025. In the event of a successful IPO of the bank, the mandate […]
In 2023, Raiffeisen Bank Romania recorded a 130 percent increase in investment plans, voluntary pensions and life insurance with a savings component, as well as record guarantees from the European Investment Fund, enabling the financing of Romanian SMEs with more […]
Philipp Gamauf will be the new Chief Financial Officer (CFO) of ING Bank Romania. His mandate begins on March 1st, 2024, when he takes office from Lucica Pitulice. Philipp Gamauf will also be a member of the Executive Committee of […]
IMPACT Developer & Contractor (ticker symbol IMP) raised over one million euro in the first 72 hours of issuing the bond offer. The public offer for sale of bonds, intermediated by TradeVille, is ongoing until February 23, 2024. “The offer […]
According to OTP Bank analysts, the local economy experienced weaker growth in 2023 than previously anticipated. Nevertheless, some lights are visible at the end of the tunnel: after expanding by 1.5 percent in 2023, 2024 growth could be close to […]
Econergy, a publicly-traded Independent Power Producer, and Rivage Investment have today announced agreement on a 150 million Euro debt financing that will support the delivery of a pipeline of European PV, wind, and storage projects. It will also support the […]
Credit Europe Bank announces the launch of a new service to simplify the relationship between the bank and its retail customers. Clients can update their personal data safely, completely online, without having to visit the bank’s branch. The new service […]
The Filip & Company team has assisted Banca Transilvania in the acquisition of OTP Bank Romania, OTP Leasing and OTP Asset Management. The closing of the transaction is subject to obtaining clearances from the relevant regulatory authorities. “We are honoured […]
