Banks-Insurance
Romania Central Bank's 2023 Profit Hits 14-Year High, At RON2.4B
Romania's central bank reported profit of RON2.4 billion for 2023, the highest level of the last 14 years and more than double the profit recorded in 2022.
Romania's Central Bank Unveils Official Ranking Of Ten Largest Banks In 2023
The official ranking of the ten largest banks in Romania in 2023, published by the country's national bank BNR in the annual report for 2023, lists Banca Transilvania as leader last year, be...
STC Partners Secures EUR10M Financing From Banca Transilvania For Expansion Of Realty Project In Bucharest
Real estate developer STC Partners has obtained EUR10 million financing from lender Banca Transilvania for the development of Phase II of the residential compound Quartier Azuga, located nea...
Finance Ministry Raises RON518M From Banks On June 20
Romania's Finance Ministry has raised RON518 million from banks on Thursday (June 20), selling government paper at an annual average yield of 6.27%.
Libra Internet Bank Sees Romania's GDP Growing 2.6%, Key Rate Falling To 6.25%, Annual Inflation Dropping To 4.5% In 2024
Libra Internet Bank expects Romania's gross domestic product (GDP) to grow 2.6% in 2024, Lucian Anghel, the bank's deputy chief executive officer and chief economist, told a press conference...
BNR Okays Porsche Bank Acquisition by Altex Owner Dan Ostahie
Romania’s central bank (BNR) has approved the direct acquisition by Dan Ostahie (90.10%), Altex owner, and Real Estate Srl (9.89) of the 100% stake in the share capital and voting rights of...
One United Properties Secures EUR47M Financing From Banca Transilvania
Real estate developer One United Properties (BSE:ONE) has announced in a stock market report on Wednesday (June 19) that its subsidiary One United Tower had contracted a bank financing of EU...
Banca Transilvania To Pay Its Shareholders RON1B Dividends On June 26
Banca Transilvania (BSE:TLV), the largest credit institution in Romania, on June 26 will be distributing dividends worth RON1 billion from its 2023 record profit of RON3 billion, respectivel...
Agroland Business System Calls Shareholders To Vote On Equipment Purchase And Loans
Entrepreneurial group Agroland Business System (AG.RO), which owns the largest farming supplies store chain in Romania, on Monday added more items to the agenda of the Extraordinary General...