Over the last 10 years, ING has granted facilities of 3 billion EUR for Digi ING Bank supported Digi Romania and Digi Communications, the parent company of the telecommunications operator, in arranging a credit facility worth 150 million euros, for […]
Opinion by Ramona Țariuc, Director, Indirect Taxation, Deloitte Romania The European process of digitizing tax reporting, which a few years ago was characterized by individual initiatives of the member states of the European Union (EU), currently aims to standardize the […]
Deloitte Romania acted as sell-side advisor to Polish financial institution Alior Bank’s branch in Romania in the sale of a loan portfolio of approximately 4,000 retail customers to Patria Bank. The transaction, which consists of performing consumer loans having a […]
The European Commission and European Investment Bank (EIB) Group moved to support the private sector in Ukraine by seeking to unlock more than 1 billion euros in lending to small and medium-sized enterprises (SMEs). At the Ukraine Recovery Conference in […]
Romanian companies that intend to list on the Bucharest Stock Exchange, on the Main or AeRO markets, can access, from June 7, 2024, non-refundable funds that cover the costs related to the running of a public offer or a private […]
Clifford Chance Badea, the Bucharest office of the global law firm Clifford Chance, has advised J.C. Flowers & Co. in the closing of the First Bank sale to Italian-based group Intesa, thus marking the exit of the American private equity […]
Patria Credit is reporting positive results for the 8th consecutive year, with a 14 percent increase in loan portfolio and 44 percent increase in profit in 2023. Patria Credit IFN SA, a non-banking financial institution part of Patria Bank Group, […]
Filip & Company team assisted Banca Transilvania Group in the acquisition of BRD Pensions, a Societe Generale group company that manages a mandatory private pension fund (Pillar II) and a voluntary pension fund (Pillar III). Completion of the transaction is […]
Garanti BBVA Romania obtains a subordinated loan of 10 million euros from the Black Sea Trade and Development Bank (BSTDB). With a maturity of seven years, this financing will be used for the general corporate purposes of Garanti BBVA Romania, […]
tbi bank’s consolidated unaudited financial results for the first quarter of 2024 show net profit of 11.3 million euros – almost 40 percent higher than the 8.2 million euros profit achieved for the same period of last year. In Q1 […]
