February 13, 2025
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Agreement between the European Investment Fund and Raiffeisen Bank Romania, with record guarantees worth 400 million euro
admin Posted On October 26, 2023


The European Investment Fund (EIF) grants Raiffeisen Bank Romania two guarantee schemes worth 400 million euros to finance investments made by SMEs in the local market. The signing of the agreement between EIF and Raiffeisen Bank supports the largest investment […]


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Adela Sova, International Assembly Representative for Romania, ACCA: Inclusivity measures score well but social mobility lags in a recent survey
admin Posted On October 24, 2023


We are catering for the needs of about a quarter of a million members and another half million of students of the Association of Chartered Certified Accountants. I represent the 1,000 members in Romania. In Romania we are around 4,500 […]


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Andrada Popescu, Senior Associate, Employment Law Specialist, Noerr: Candidates and employees are more focused on the quality of the workplace (The Great Realization)
admin Posted On October 24, 2023


We have a lack of legislative framework in the area of wellbeing, but progress is being made. Recently, a guide has been implemented for the employers to combat and prevent gender-based harassment. We see authorities paying more attention to this […]


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UniCredit and Alpha Services and Holdings announce merger in Romania and strategic partnership in Greece
admin Posted On October 23, 2023


Merger of Romanian subsidiaries and creation of third largest bank in Romania by total assets, cementing UniCredit’s presence in a key growth market, with Alpha Bank retaining a 9.9% stake. Establishment of a commercial partnership framework in Greece to distribute […]


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Garanti BBVA Leasing obtains new loan of 20 million Euro from IFC
Petre Barac Posted On October 16, 2023


Garanti BBVA Leasing, part of the Garanti BBVA Group, has signed a new 20 million Euro loan agreement with the International Finance Corporation (IFC), a member of the World Bank Group. The funds will be used to support small and […]


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Adrian Câciu, Minister of Investments and European Projects joins the BANKING FORUM organized by Financial Intelligence
admin Posted On October 16, 2023


Adrian CÂCIU, Minister of Investments and European Projects, confirmed the participation in the BANKING FORUM organized by Financial Intelligence. Financial Intelligence organizes the fourth edition of the BANKING FORUM event, tomorrow, October 17, 2023, from 10:30 a.m., at the JW […]


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tbi bank reports net profit of 18.4 million Euro in first half of 2023
Petre Barac Posted On October 4, 2023


tbi bank announces a net profit of 18.4 million Euro for the first half of the year. Throughout the first half of 2023, tbi onboarded new merchant partners, including new verticals, and is now present in more than 21.000 merchant […]


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Garanti BBVA grants a 10.7 million Euro loan to UKS Stamping to build a plant in Romania
Petre Barac Posted On September 28, 2023


Garanti BBVA has granted UKS Stamping Romania, a subsidiary of the UKS Stamping group, a EUR 10.7 million investment loan to support the development of an automotive parts and accessories plant in Arges County, Romania. “We are thrilled to offer […]


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CEC Bank reports net profit of 369.4 million RON in the first half of 2023
Petre Barac Posted On September 12, 2023


CEC Bank recorded a net profit of 369.4 million RON in the first half of 2023. The bank recorded an increase in net assets up to 69.08 billion RON – plus 29.4 percent compared to the same period last year. […]


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ING Bank Romania supports DN Agrar group with 20 million Euro financing
Petre Barac Posted On August 31, 2023


ING supports with total financing of 20 million Euro the development of the DN Agrar group, the largest integrated livestock farm in Romania, leader in the production of cow milk. DN Agrar Group aims to sustainably increase the production capacity […]


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