Banks-Insurance
BRD Shareholders Approve Distribution Of RON737M Dividends From 2024 Profit
The shareholders of BRD-SocGen, such as France’s Societe Generale, which owns 60%, pension funds, which own 17% and others, on Thursday approved the distribution of RON737 milion dividends o...
Number Of Revolut Retail Customers Up 28% To 4.3M In Romania In 2024
The number of Revolut retail customers in Romania increased by 28% to 4.3 million in 2024, Revolut said in a statement.
Garanti BBVA Romania Posts Higher Net Income, Lower Net Profit In 2024
Garanti BBVA Bank Romania posted RON654 million net income in 2024, an increase of 28.6% on the previous year, as both loans and deposits increased.
4finance Enters Definitive Agreement for Sale of TBI Bank to Advent
4finance Holding S.A. has sealed a definitive agreement for the sale of TBI Bank EAD to Advent International, a leading global private equity investor.
New Home 2025 Scheme Becomes Operational
The New Home 2025 program has become operational, with the RON500 million guarantee ceiling approved by the Finance Ministry being allocated to the 13 participating banks.
BCR Plans To Distribute RON1.4B Dividends
BCR, the second-largest bank on the Romanian market by assets, made a non-consolidated net profit of RON2.8 billion in 2024, 50% of which should go to shareholders as dividends.
Chimcomplex Shareholders Approve Contracting Loans Of Up To EUR60M
The shareholders of chemical producer Chimcomplex (stock symbol: CRC) have approved on April 11 the "contracting of loans in a maximum amount of EUR60 million from any sources, banking and n...
APS Holding Completes Takeover Of IMO Property Investments Bucharest
APS Holding, a Czechia-based non-performing loan manager, has completed the takeover of real estate company IMO Property Investments Bucharest and its portfolio from Eurobank SA.
Finance Ministry Raises RON984M From Banks On April 10
Romania's Finance Ministry raised RON984 million from banks on Thursday (April 10), selling government paper, at annual average yield of 7.47%.