BCR achieved a net profit of RON 620 million (EUR 125 million) in Q1 2024, up by 10.1 percent against RON 563 million (EUR 114 million) in Q1 2023, driven by improved operating results underpinned by advance in customer business. […]
Garanti BBVA is launching the GIA chatbot, designed to enhance customer experience and simplify support services. The GIA virtual assistant is available on all devices (smartphone, tablet, or desktop) and can respond to customer inquiries in two languages, Romanian and […]
Banca Comerciala Romana (BCR) announces a new expansion of the George digital ecosystem through the launch of George SmartEU, functionality that facilitates entrepreneurs’ access to complete information about financing programs from European or national funds. At the moment, George SmartEU […]
UniCredit Bank introduces exclusive investment solutions to the Romanian market with the launch of onemarkets Fund. This platform presents a diverse array of investment solutions available to customers of UniCredit Bank Romania, along with the opportunity to leverage the extensive […]
Citi announced the appointment of Gabriel Apostol as Head of Global Network Banking for Romania. In this role, Gabriel Apostol will lead the growth of Citi’s business serving large and mid-sized multinational companies operating in Romania. He is a member […]
BRD Groupe Societe Generale and IFC, a member of the World Bank Group, have closed a landmark synthetic significant risk transfer (SRT) transaction that will free up capital for BRD to boost the financing of impactful sustainability-related projects in Romania. […]
Salt Bank was officially launched on the Romanian market, marking the beginning of a new digital era for the Banca Transilvania Group. Gabriela Nistor, CEO of Salt Bank, highlights the bank’s commitment to keep up with technology and customers` needs: […]
Global law firm Dentons advised real estate developer CTP on a syndicated credit facility in a total amount of 200 million Euro for the refinancing of the development of 40 green, class A logistics and industrial buildings, within the CTPark […]
In 2023, Credit Europe Bank Romania made a net profit of 66.8 million RON, more than twice as much as in 2022, despite a modest reduction in assets. Additionally, the revenue from Credit Europe Bank Romania’s credit card division amounted […]
The Board of Directors of the European Investment Bank (EIB) approved 5.5 billion Euro of new financing to spur business investment, harness clean energy, upgrade schools, expand sustainable transport and fight forest fires. “The EIB Board of Directors approved investment […]
