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BANKS
Erste Group posts solid HY profit of EUR 732 million
Erste Group has posted a solid half-year profit of EUR 732 million, driven by highest operating result in five…
BCR, H1 2019 financial results: 8% growth in loans
Banca Comerciala Romana (BCR) total stock of loans advanced by 8% year-on-year, driven by both retail and corporate…
The financial closure of the Moldavian acquisition has been completed
OTP Bank has announced that on 25 July 2019 the financial closure of the Moldavian transaction has been completed.…
3-Month ROBOR Index falls to 3.11%
The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has decreased on…
Investment Plan for Europe – Additional EUR 800 million for SMEs as EIF and…
The European Investment Fund (EIF) and ProCredit Group are providing an additional EUR 800 million to innovative…
EIB gives EUR 20 M to improve project implementation and absorption of EU Funds in…
The European Investment Bank (EIB) has signed additional Project Advisory Support Service Agreements (PASSAs) worth…
BNR keeps monetary policy rate at 2.50%
In its meeting of 4 July 2019, the Board of the National Bank of Romania decided to keep the monetary policy rate…
3-month ROBOR Index stagnating, IRCC on the rise on Q1
The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has stagnated on…
New GM of Aforti Finance IFN
Aforti Group, Polish financial group present in Romania since October 2017, has appointed Ionuț Badiu as the…
Finance Ministry borrows further RON 500m from commercial banks
The Ministry of Public Finances (MFP) borrowed RON 500 million on Monday from commercial banks through a benchmark…