Black Friday is the most significant retail event of the year, and nearly 53 percent of Romanians have prepared to hunt for the biggest discounts. However, the faster rise in living costs compared to salaries and the effects of inflation […]
Maib, the largest bank in Moldova, delivers net profit of 57 million euros in the first nine months, up 11 percent year-on-year. The YoY growth was largely driven by higher net interest income and increased net foreign exchange gains. The […]
UniCredit and Alpha Services and Holdings announce that, having received approvals from all relevant authorities and following completion of the due diligence process, UniCredit has acquired the majority stake in Alpha Bank Romania. The transaction is part of the strategic […]
Garanti BBVA reports its results four months after introducing new functionalities in the Mobile Banking app, enabling clients to apply for personal loans and Bonus Cards without visiting branches. After 4 months from the launch, in October, 13 percent of […]
Garanti BBVA and the European Investment Fund (EIF) have signed an agreement to provide guarantees of a minimum of 30 million euros, to enhance Romanian companies` competitiveness and sustainability. The InvestEU guarantees will enable Garanti BBVA to facilitate a minimum of 42 […]
BCR achieved a net profit of RON 2,217 million (EUR 446 million) in the first nine months of 2024, up by 30.6 percent against RON 1,698 million (EUR 344 million) in 1-9 2023, driven by improved operating result underpinned by […]
Banca Comercială Română (BCR) is pleased to announce the appointment of Ioana Gheorghiade as Chief Risk Officer (CRO) and a member of the bank’s Executive Committee, subject to regulatory approval. Ioana Gheorghiade brings over two decades of experience in banking […]
Raiffeisen Bank continues to redefine the banking experience in Romania. The results of the first 9 months of the year support personal financial planning performance through Raiffeisen Smart Finance tablet, as well as significant developments in daily banking activities. We […]
The holiday season often brings extra expenses for Romanians eager to explore exotic destinations and unwind. tbi bank, one of the leading challenger banks in Southeast Europe, has partnered with Eturia, one of Romania’s largest tour operators, to simplify Romanians’ […]
Raiffeisen Private Banking, Romania’s best private banking service*, has reached the milestone of 1 billion euros in investment products. Early last year, the Raiffeisen Private Banking Division also took over the coordination of the Premium Invest client segment, managing personal […]
