Banca Transilvania announces the successful completion of the merger with OTP Bank Romania. BT consolidates its leading position and reaches 23 percent market share both through organic growth and following the integration of OTP Bank. The merger also meant for […]
BT Financial Group’s consolidated net profit reached RON 4.7 billion in 2024, of which the bank’s net profit amounts to RON 3.5 billion. The Group’s subsidiaries and equity holdings contributed with approximately RON 384.6 million to BT Group’s profitability. For a […]
BCR achieved a net profit of RON 2,767 million (EUR 556 million) in 2024, up by 19.2 percent against RON 2,321 million (EUR 469 million) in 2023, driven by improved operating result underpinned by significant advance in customer business. Operating […]
Garanti BBVA has granted a 7.5 million Euro loan to MG Tec Industry SRL, the leading Romanian producer of paper tissues. The financing benefits from a state guarantee issued by Exim Banca Românească, covering up to 75 percent of the […]
The Ministry of Finance attracted over 4.3 billion RON (864.6 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 (BVB) systems. ‘The first FIDELIS issue of […]
The challenges of 2024 and the uncertain outlook for this year continue to impact Romanians’ purchasing power and their ability to save. Rising prices and expenses exceeding available budgets in more and more households are driving an increasing need for […]
The results announced today mark three years of success under the UniCredit Unlocked strategy, three years in which UniCredit has consistently exceeded its set targets. The next phase will see the group accelerate its winning strategy and uniquely position itself […]
Global law firm Dentons has advised Piraeus Bank on a 181 million euro project financing for the construction of a solar power plant located in Romania, with an approximate capacity of 273 MW, developed by METLEN Energy & Metals S.A. […]
BRD Groupe Société Générale announced its financial results for the year 2024. The company reported a net profit of 1.52 billion RON, an 8 percent decline compared with 2023. BRD Group full year net banking income increased by 5.2 percent […]
tbi bank has announced its strategic plans for the bond markets in 2025, including potential MREL-eligible bond issuances in Romania and Greece, alongside Bulgaria. The bank aims to raise a total of EUR 60 to 80 million to support its […]
