Reporter
Claudia Medrega
- Fields
- Banks-Insurance, Macroeconomics, Analysis
- Writing for ZF since
- 2011
- Articles
- 124
Intesa Sanpaolo Generates EUR5M Net Gain in Romania in Q1/2024, More than Double the Q1/2023 Level
Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in Q1/2024 registered EUR5 million net profit, 2.5 times bigger than the gain of the same period...
Romania’s Banking System Boasts Record High Profit of over RON3.7B in Q1/2024, Up 10% from Q1/2023
Profit at the level of the Romanian banking system at the end of Q12024 hit a new record high, of over RON3.7 billion, up around 10% from the gain reported for Q1/2023.
Salt Bank, First Romanian 100% Digital Bank, Launches Operations
Salt Bank, the first Romanian wholly digital bank, a newly created entity in the wake of Idea Bank acquisition by Banca Transilvania, has launched its operations.
Intesa Sanpaolo Rakes in EUR7M Net Profit in Romania, Above 2022 Level
Intesa Sanpaolo Romania, the local subsidiary of the Italian banking group of the same name, in 2023 generated net profit worth EUR7 million.
UniCredit Bank Generates almost EUR300M Profit in Romania in 2023, Up 44%
Italian group UniCredit for 2023 reported EUR286 net profit from Romania operations, up over 44% from 2022, amid rising lending and revenues.
Poland’s Largest Bank PKO Wants to Enter Romania in Early 2024
PKO Bank Polski, Poland’s largest state-owned bank, with assets accounting for almost 70% of the Romanian banking system, has announced it is set to start operations in Romania in early 2024...
Romania Banking System Boasts Record High RON7B Profit in 1H/2023, Up 40% from 1H/2022
Net profit at the level of the Romanian banking system at the end of the first half of 2023 hit a record high of RON6.9 billion, up over 40% from the gain reported for 1H/2022.
Romania Banking Sector Boasts Record High RON3.4B Profit in 1Q/2023
Net profit at the level of the Romanian banking system at the end of the first quarter of 203 hit a new record high, of almost RON3.4 billion, up around 70% from the gain reported for 1Q/202...
UniCredit Generates EUR64M Profit in Romania in 1Q/2023, Up around 45% from Year-Earlier Period
Italian group UniCredit for the first quarter of this year reported EUR64 million net profit from Romanian operations, up around 45.3% from the consolidated gain of 1Q/2022.
Banca Transilvania Aims to Boost Lending and Profit by 7%, Assets by 13% in 2023
Banca Transilvania, the biggest lending institution on the Romanian market by assets, expects to generate net profit of above RON2.3 billion this year, 7% above the 2022 level, as it project...
Romania Banking System Boasts Record High RON10.2B Profit in 2022
Net profit generated by the Romanian banking system at end-2022 hit a record high of RON10.2 billion, up 24.4% from the 2021 gain.
Cash in Circulation Tops RON101B, New All-Time High, in December 2022
The cash in circulation continued to rise and in December 2022 went beyond the RON101.3 billion level, a new all-time high, after a 5.4% increase from December 2021, according to central ban...