Bancpost to be sold by the end of the year


Eurobank will complete, until the end of the year, the sale of its subsidiary in Romania, Bancpost, a move that will put an end to the external operations restructuring programme of the Greek banking group, Kathimerini publication has revealed on ...

Read More »

Banca Transilvania cards, ATMs and POSs will not work on the night of Saturday to Sunday, between 0:00h and 4:00h


Banca Transilvania cards, ATMs and POSs will not operate on the night of Saturday to Sunday, July 8/9, between 0:00h and 4:00h, when updates to the information system will be made, a bank statement informs. BT says it has chosen ...

Read More »

BVB after H1: 11 pc growth, two listings and outstanding dividends


Bucharest Stock Exchange (BVB) managed to keep a two digit growth by the end of the first half as June was marked by the dividend season and a series of political uncertainties. According to a press release, BET, BVB’s main ...

Read More »

Greece’s National Bank, ever closer to Banca Romaneasca selling

Banca Romaneasca

Greece’s second-largest lender National Bank (NBG) will sell more assets in the Balkans, including its Romanian operations. “We are very close to announcing the buyer for Banca Romaneasca,” CEO NBG Leonidas Fragiadakis told Reuters in an interview. “The sale will ...

Read More »

BNR’s forex reserves, in slight decrease last June

forex reserves

At end-June, the National Bank of Romania (BNR)’s foreign exchange reserves stood at EUR 35,208 million, compared to EUR 35,483 million on May 31st 2017, as a press release informs. During the month, EUR 1,160 million inflows have taken place, ...

Read More »

BNR set to leave the interest rates unchanged


The Board of the National Bank of Romania (BNR) decided in its today meeting to keep unchanged the monetary policy rate at 1.75 percent per annum, a press release informs. At the same time, the central bank members decided to ...

Read More »