profit

Open for business: The stock of net customer loans granted by Banca Comerciala Romana (BCR) advanced by 8.5% yoy as of 31 March 2021 supported by both retail and corporate segments New loans in local currency of RON 2 billion…

Raiffeisen Bank ended 2020 with a good financial performance, obtaining a net profit of 644 million lei, 17% lower than in 2019. This decrease was recorded, on the one hand, due to the evolution of the economy in a pandemic year, but also…

OTP Group announces the financial results for 2020, a year severely marked by the Covid-19 pandemic effects. OTP Bank Romania has been a prompt responder during these challenging economic times and has provided best banking solutions for…

Bitcoin Romania, a cryptocurrency trading platform operating on the local market, launches a new business direction by taking a step towards the offline area. The management of the company created a franchise for ATMs with cryptocurrencies,…

Any company with a 70,000 euro profit in the last two years can access the maximum grant of 200,000 euro offered by the Romanian Government with EU Funds through Action 3 of the Support Scheme “Grants for investments”. Moreover, new…

OTP Group announces the financial results for the first nine months of 2019. According to the report published in Budapest, which presents the consolidated result adjusted in accordance with the Group’s reporting standards, OTP Bank Romania…

Telekom Romania group has announced key performance indicators for the 2019 third quarter, ended September 30, 2019, as reported today by OTE Group. The financial performance for the quarter shows that the transformation programs initiated…

In 2018, economic activity in the CEE region continued its solid expansion that started in 2017. This was especially the case for Poland, Hungary and Latvia, recording GDP growth rates close to 5%. Other countries experienced a weaker pace…

Garanti Group Romania, which brings together Garanti Bank, Garanti Leasing and Garanti Consumer Finance, registered, in the first six months of 2019, its best performing semester in Romania, thanks to effective loan portfolio management and…

Erste Group has posted a solid half-year profit of EUR 732 million, driven by highest operating result in five years, a press release informs. Financial results from January-June 2019 are compared with those from January-June 2018 and…