Raiffeisen Bank Romania announced its financial results for 2022, with a net profit of 1.2 billion RON, 56 percent higher than the previous year. “The very good results recorded by Raiffeisen Bank in 2022 prove to us that we are […]
This year, OTP Bank continues to support entrepreneurs in Romania through the partnership with the Small and Medium Enterprises Support Program – IMM Invest PLUS. SMEs, including those with mid-market capitalization and start-ups, as well as those in the field […]
The global index provider FTSE Russell reveals, in the semi-annual review effective from March 20, 2023, that all 13 Romanian companies included in the Global All Cap and Global Micro Cap indices dedicated to Emerging Markets will maintain their position […]
Dentons law firm advised Romania’s state-owned bank CEC Bank on the establishment of its 600 million Euro Euro Medium Term Note Programme, as well as the first two issuances under the framework. The issuances include a non-syndicated private placement of […]
The European Commission has approved, under EU State aid rules, a 259 million Euro Romanian scheme, made available in part through the Recovery and Resilience Facility (‘RRF’), to support investments in the production, assembly and recycling of batteries, of photovoltaic […]
Enery Power Holding, a key player on the CEE green electricity market, signed a senior term loan and revolving credit facilities agreement for the acquisition of the 81 megawatts renewable energy portfolio held by Jade Power Trust in Romania. The […]
Insurance premiums, especially RCA, have significantly increased in Romania in the last year, in some cases by over 50 percent, according to market data, and the trend is likely to continue in 2023. In this context, tbi bank has partnered […]
OTP Bank Romania announces a 35 percent increase compared to the previous year, in the number of customers who made banking transactions through the mobile banking service – SmartBank. According to OTP Bank data, in the last year, the number […]
The European Bank of Reconstruction and Development’s (EBRD) Trade Facilitation Programme (TFP) supported its highest ever number of transactions in a single year in 2022. The programme facilitated 1,768 transactions worth a record €3.6 billion with 91 partner banks in 27 countries. […]
Under the InvestEU programme, the European Bank for Reconstruction and Development (EBRD) and the European Commission have today signed an agreement for up to €60 million in advisory support for infrastructure, digitalisation and innovative investment projects in European Union countries where the EBRD operates. […]
