Intesa Sanpaolo has posted its best-ever financial results, closing 2024 with a net income of 8.7 billion euro, up 12 percent compared to 2023. This enables the bank to distribute 6.1 billion euro in cash dividends to shareholders for 2024. […]
Bogdan Rotunjanu is the new Chief Information Officer of ING Bank Romania, starting April 1, 2025. He replaces Heiko Fischer, who will take on a new role within ING. Bogdan Rotunjanu, a professional with over two decades of experience, returns […]
Deputy Prime Minister and Minister of Finance, Tanczos Barna, had an important meeting with the Executive Director of the World Bank, Eugene Rhuggenaath, and with Yasser El-Gammal, Country Manager for Romania, on behalf of the international institution. During the discussions, […]
The European Investment Bank (EIB) Group signed 89 billion Euro in new financing last year. The Group made more investments than ever before to strengthen EU energy security, mobilising over 100 billion Euro for projects in new and upgraded infrastructure such as […]
Autonom, the largest independent Romanian company in the mobility solutions market, lists today a new bond issue at the Bucharest Stock Exchange (BVB). The non-convertible, non-guaranteed, registered bonds, worth EUR 30 million, are traded on the Main Market under the […]
Garanti BBVA Romania announces the financing of Peștera Wellness & Spa, a 5-star hotel located in Peștera-Padina Tourist Resort of National Interest, from the Bucegi Mountains, with a loan of EUR 5 million. Garanti BBVA supports Grupul Industrial Alca SRL, […]
The European Investment Bank (EIB) and Societe Generale have agreed on a new initiative which has the potential to unlock investment of up to 8 billion Euro to support wind energy manufacturers in Europe. The EIB will provide a 500 million Euro […]
CEC Bank, the third largest bank in Romania, has selected Temenos to modernize its retail and corporate core banking systems. The state-owned bank is migrating from legacy systems to Temenos’ core banking platform including solutions for payments and data analytics. […]
CEC Bank is listing today on the Regulated Market of the Bucharest Stock Exchange, a bond issue worth 300 million euros, with maturity in 2029. The annual interest is 5.625% and the bonds have received a BB rating from Fitch. The […]
Garanti BBVA Leasing, part of Garanti BBVA Group Romania, has entered into a new finance agreement with the European Fund for Southeast Europe (EFSE). The 10 million euros loan is aimed at supporting the financing needs of micro, small, and […]
