Banks-Insurance
Patria Credit Ends 2022 with 22% Loan Portfolio Growth, EUR1.5M Net Profit
Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2022 registered EUR1.55 million net profit and reported 22% portfolio expansion, to EUR32.5 million.
tbi bank Reports Consolidated Net Profit Of EUR35.5M On SEE Markets For 2022, Up 29% Vs 2021
tbi bank reported a consolidated net profit of EUR35.5 million on the markets in Southeast Europe for 2022, up 29% against the EUR27.5 million level reported in 2021.
BCR Prepares to Sell BCR Chisinau to Republic of Moldova’s Victoriabank
BCR has signed an agreement with Victoriabank – one of the largest in the Republic of Moldova, controlled by Banca Transilvania and EBRD, for the sale of the entire stake in BCR Chisinau.
Top Ten Banks in Romania Increased Assets by 5% to 56% in 2022
The ten largest banks by assets in Romania increased their assets at different paces in 2022, going from 5% to 56%, while the net assets of the entire banking system increased by almost 10%...
OTP Bank: Romania’s Economic Growth to Slow Down in H1, Rebound in H2
Romania’s economic growth will slow down in the first half, following a decline in household spending, investments and the compression of the export growth rate, but has solid prospects of a...
OMRO IFN Gets RON7M from BNP Paribas to Fund SMEs
OMRO, a non-banking financial institution funding Romanian agriculture SMEs and local businesses, has sealed a partnership with BNP Paribas, a major banking players in the EU, via which the...
Finance Ministry Raises RON556M from Banks on March 27
Romania's Finance Ministry raised RON556 million from banks on Monday (March 27) selling bonds maturing in 2027, at an annual average yield of 7.15%.
Eximbank SA Becomes Exim Banca Romaneasca
Banca de Export Import a Romaniei (Romania’s Export-Import Bank) - EximBank SA will become Exim Banca Romaneasca on May 10, 2023, as the change of the bank's name and logo were approved by t...
CEC Bank Grants about RON40M Loan to Egg Producer Toneli Holding
CEC Bank has granted an about RON40 million loan to Toneli Holding, part of the Toneli Group, the largest egg producer in Romania, guaranteed by EximBank, through the state aid scheme put in...