April 3, 2025
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Citi appoints Gabriel Apostol as Head of Global Network Banking for Romania
Petre Barac Posted On April 17, 2024


Citi announced the appointment of Gabriel Apostol as Head of Global Network Banking for Romania. In this role, Gabriel Apostol will lead the growth of Citi’s business serving large and mid-sized multinational companies operating in Romania. He is a member […]


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BRD and IFC join forces to boost sustainable finance in Romania
Petre Barac Posted On April 4, 2024


BRD Groupe Societe Generale and IFC, a member of the World Bank Group, have closed a landmark synthetic significant risk transfer (SRT) transaction that will free up capital for BRD to boost the financing of impactful sustainability-related projects in Romania. […]


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Banca Transilvania launches Salt Bank for ‘new digital era’
Petre Barac Posted On April 4, 2024


Salt Bank was officially launched on the Romanian market, marking the beginning of a new digital era for the Banca Transilvania Group. Gabriela Nistor, CEO of Salt Bank, highlights the bank’s commitment to keep up with technology and customers` needs: […]


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Editor Choice  / Finance  / Latest News  / Real estate
Dentons advises CTP on 200 million Euro refinancing
Petre Barac Posted On March 29, 2024


Global law firm Dentons advised real estate developer CTP on a syndicated credit facility in a total amount of 200 million Euro for the refinancing of the development of 40 green, class A logistics and industrial buildings, within the CTPark […]


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Credit Europe Bank Romania registered a net profit of 66.8 million RON in 2023
Petre Barac Posted On March 25, 2024


In 2023, Credit Europe Bank Romania made a net profit of 66.8 million RON, more than twice as much as in 2022, despite a modest reduction in assets. Additionally, the revenue from Credit Europe Bank Romania’s credit card division amounted […]


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Finance  / Latest News
EIB approves 5.5 billion Euro for innovation, energy and education across Europe
Petre Barac Posted On March 22, 2024


The Board of Directors of the European Investment Bank (EIB) approved 5.5 billion Euro of new financing to spur business investment, harness clean energy, upgrade schools, expand sustainable transport and fight forest fires. “The EIB Board of Directors approved investment […]


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Finance  / Latest News
MedLife supplements the syndicated loan with 50 million Euro, reaching a total value of 268.3 million Euro
Petre Barac Posted On March 19, 2024


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 […]


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CEC Bank recorded net profit of 515.8 million RON in 2023
Petre Barac Posted On March 19, 2024


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 […]


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tbi’s car loan requests in Romania up by 25 percent in 2023
Petre Barac Posted On March 15, 2024


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 […]


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ING Bank finances Medisprof Group to build the largest oncology hospital in Piatra Neamt
Petre Barac Posted On March 15, 2024


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, […]


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