Banks-Insurance
International Law Firm CMS Assists Ford Otosan Romania in Getting EUR435M Funding
International law firm CMS assisted carmaker Ford Otosan Romania in obtaining a EUR435 million financing from a bank syndicate.
Banca Transilvania Targets RON3B Net Profit in 2024, Up 20% YOY
Banca Transilvania, Romania’s largest lending institution by assets under management, has budgeted 20% higher net profit and a 10% asset increase for 2024.
Finance Ministry Raises RON962.4M From Banks On March 25
Romania's Finance Ministry raised RON962.4 million from banks on Monday (March 25, 2024), selling benchmark bonds with a scheduled value of RON500 million due in May 2027, at an annual avera...
Credit Europe Bank Romania Ends 2023 with RON66.8M Net Profit, More than Double 2022 Level
Credit Europe Bank Romania in 2023 generated net profit worth RON66.8 million, more than twice the 2022 level.
Banca Transilvania Wants To Distribute RON1B Dividends To Shareholders
Banca Transilvania (TLV.RO), the largest lender in Romania, is convening shareholders on April 25, 2024, to approve, among other things, the distribution of RON1 billion in dividends from pr...
BCR Wants To Double Exposure To Agrifood Sector To EUR2B By End Of 2026
BCR, the second largest lender in Romania by assets, plans to double exposure to the agrifood sector to EUR2 billion by the end of 2026, its representatives told ZF.
Finance Ministry Raises RON1.2B From Banks On March 21, 2024
Romania's Finance Ministry raised RON1.2 billion from banks on Thursday (March 21, 2024), selling benchmark bonds with a scheduled value of RON600 million due in April 2030, at an annual ave...
PayPoint Romania Processes Over 100 Million Transactions Worth RON13.6B In 2023
PayPoint Romania processed more than 100 milion transactions worth a total of RON13.6 billion via its 25,000 partner stores and the 24pay app saw a 60% increase in the number of payments in...
Lucian Anghel Gets Central Bank Approval To Become Deputy CEO Of Libra Internet Bank
Lucian Anghel, who ran Banca Romaneasca between January 2020 and December 2022 has received approval from Romania’s central bank to become deputy chief executive officer of Libra Internet Ba...