Banks-Insurance
BRD Ends 1Q/2025 with RON350M Net Profit, Up 7% YOY
BRD, the fifth largest bank by assets in Romania, ended the first quarter of 2025 with RON350 million net profit, up 7.2% from the year-earlier period, while retail and corporate lending pos...
New Fidelis Edition: Romanians Can Buy Government Bonds In May 9-16 Period
Romania's finance ministry has announced on April 29, 2025 that it will carry out a new issue of Fidelis government bonds for retail investors between May 9 and 16, 2025, which is the fourth...
Patria Bank Targets RON267M Revenues in 2025, Up 25%, almost RON53M Net Profit, 51% Higher YOY
Romanian bank Patria Bank, listed on the regulated market of the Bucharest Stock Exchange, aims to reach RON52.9 million net profit in 2025, representing a solid 51% increase compared to 202...
Libra Internet Bank Ends 2024 with over RON270M Net Profit, Down 14.8% YOY
Libra Internet Bank, part of US investment group New Century Holdings, in 2024 generated net profit of above RON270 million, 14.8% lower than in 2024, mainly on the introduction of the turno...
Finance Ministry Raises RON910M From Banks On April 28
Romania's Finance Ministry raised RON910 million from banks on Monday (April 28), selling government paper in two auctions, at annual average yields of 7.42% and 7.14%, respectively.
Credit Europe Bank Becomes Nexent Bank
Credit Europe Bank on Monday announced its change of identity to Nexent Bank. This is a strategic move to upgrade and improve the services of the bank, the lender said in a statement.
BT Pensii Takes Over Management Of Voluntary Pension Fund BRD Medio
BT Pensii, part of the Banca Transilvania Group. on Monday announced it would be managing voluntary pension fund FPF BRD Medio from now on, renamed Pensia Mea Plus, after having received app...
Banca Transilvania Shareholders Approve Distribution Of RON1.6B Dividends
Banca Transilvania (TLV.RO) shareholders approved, among others, the distribution of RON1.59 billion dividends from the RON3.5 billion net profit made in 2024, during the general meeting on...
Romania Bank Deposits Up 7.9% YOY To RON629B in March 2025
Population and company deposits in March 2025 hit a total of RON629 billion, up 7.9% from the same period of 2024 (2.9% in real terms), after local currency deposits rose by 7.3% and foreign...