Banks-Insurance
Aurel Badea Leaves Allianz-Tiriac After 33 Years
Aurel Badea will end his tenure at Allianz-Țiriac on December 31, 2026 after nearly 33 years with the company.
Exim Banca Romaneasca Provides EUR21.4 Funding To Real Estate Developer Nusco
Exim Banca Romaneasca and Nusco, one of the leading developers in the local real estate market, have signed an EUR21.4 million financing agreement. The agreement is intended to refinance cer...
Provident Enters Credit Card Market In Romania
Provident Financial Romania, a company with nearly 200,000 active customers on the local market, is entering the credit card segment with the launch of ProviCard, the first such product in i...
Roxana Hidan, Former OTP Bank Romania Executive, Takes Helm of Intesa Sanpaolo Bank Romania
Intesa Sanpaolo Bank Romania has appointed Roxana Hidan as general manager (CEO) and chairperson of the Management Committee, after getting the necessary approvals and registrations.
Central Bank: Romania Forex Reserves Grow To EUR64.9B In August 2026
The foreign exchange reserves held by Romania's central bank, excluding gold, stood at EUR64.86 billion at the end of August 2026, higher by nearly EUR1.6 billion than EUR63.23 billion repor...
Patria Bank Reports RON27.3M Net Profit For H1/2026, Up 6% YoY
Patria Bank (stock symbol: PBK) ended the first half of 2026 with a net profit of RON27.3 million, up 6% compared with the same period of 2025, marking a third consecutive year of first-half...
BCR And Erste Group Provided EUR132M Funding For Scatec’s 77 MW Urleasca Wind Farm
BCR and Erste Group are providing EUR132 million in financing for the construction of the 77-MW Urleasca wind farm, developed by Norway’s Scatec Group in Braila County, with BCR’s contributi...
Libra Internet Bank Sees Net Profit Down 11% YoY To RON145.8M In H1/2026
Libra Internet Bank reported net profit of RON145.8 million for the first half of 2026, down 11% on the year, despite an 8% increase in operating revenue, as per its half-yearly financial re...
Global Vision Acquires Former Alpha Bank Headquarters In Bucharest
Global Vision, a Romanian real estate investment and development company held by entrepreneur Sorin Preda, acquires two office buildings in Bucharest’s Dorobanti – Primaverii area, the forme...