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RON – Highest level against EUR since December 2017

The National Bank of Romania (BNR) has announced on Monday a reference exchange rate of RON 4.6228 per EUR, down by 0.16% against last Friday (RON 4.6303 per EUR). It is the highest level of the national currency against the ...

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ING Bank Romania’s revenues, up by 32 pc in in the first three months

ING Bank Romania announced a 32 percent increase in revenues in the first three months of this year, up to RON 425 million, a press release informs. The number of active clients increased by 15 percent compared to the same ...

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OTP Bank posts the strongest quarterly profit ever in Romania – RON 22.5 M

Hungary-based OTP Bank has registered an after-tax profit of RON 22.5 million (HUF 1.5 billion) in Romania in Q1, according to the report published in Budapest, which presents the consolidated result adjusted in accordance with the Group’s reporting standards. This ...

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3-month ROBOR Index slightly down, other indices continue upward trend

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has slightly decreased on Tuesday to 2.74% per annum, down from 2.75% on Monday, according to the figures released by the National Bank of ...

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CEC Bank in 2017, the best financial performance in the last ten years

CEC Bank ended last year with a gross profit of RON 222.7 million, 14 times higher than in the previous year, when reported a gross profit of RON 15.8 million, thus recording the best financial performance in the last ten ...

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3-month ROBOR Index resumes upward trend, other indices go down

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has climbed on Monday to 2.75% per annum, up from 2.74% on Friday, according to the figures released by the National Bank of Romania ...

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Sophia humanoid robot received her first credit card in Romania

During a special event in Bucharest, UniCredit has offered to Sophia, the humanoid robot created by Hanson Robotics a credit card kit. This is a world premiere when a credit card has an artificial intelligence user, as a press release ...

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