Banks-Insurance
Central Bank Approves Mustafa Tiftikcioğlu As CEO Of Garanti BBVA Romania
Romania’s central bank has approved the appointment of Mustafa Tiftikcioğlu to the position of CEO of Garanti BBVA Romania.
Romania Rejects All Bids For June 2026 Bonds
Romania's finance ministry on Thursday rejected all bids for treasury bonds maturing in June 2026 on low demand, central bank data showed.
Damila Gets RON20M Loan from ING for Working Capital and Investments
ING Bank Romania has granted a RON20 million loan to construction materials producer and retailer Damila in Valcea, owned by entrepreneur Remus Daniel Nitu, for working capital and investmen...
BRD Relocates Support Teams, BRD Finance Branch to Globalworth's City Offices
BRD, the third largest lender in Romania by assets, has started relocating part of its support departments and its BRD Finance divisions from two separate locations in Bucharest to the City...
PwC: Cashless Payments to Double by 2025, Financial Industry Transforms to Keep Up
Global cashless payment volumes are set to double from 2020 to 2025, to almost 1.9 trillion transactions, and to almost triple by 2030, due to the changes brought by the pandemic, according...
Romania Pillar II Pension Fund Assets Reached RON82.6B End-May 2021
The seven private pension funds operating on the mandatory segment in Romania (Pillar II) had assets of RON82.6 billion (EUR16.8 billion) at the end of May 2021, a new record high and RON7.5...
EximBank Extends Financing Program Within COVID-19 State Aid Scheme For Six Months
Lender EximBank has extended until end-2021 the financing program within the COVID-19 state aid scheme intended for large companies and small and medium-sized enterprises (SMEs), whose turno...
Central Bank Approves Burak Yildiran as CEO of Patria Bank
Lender Patria Bank (PBK.RO), held by private equity fund Emerging Europe Accession Fund (EEAF), announced Wednesday that Burak Yildiran, a seasoned banker with more than 25 years of experien...
Romania Raises RON255M Selling April 2036 Bonds At 4.18% Average Yield
Romania's finance ministry on Monday raised 255 million lei (EUR51.8 million), above the planned RON200 million, selling a new issue of bonds maturing in April 2036 at an average yield of 4....