This decision is a response to Sporiş taking on new, expanded responsibilities within the bank.
Under his new mandate, Sporiş will also coordinate the Financial Institutions Directorate, the Capital Markets Trading and Sales Directorate, the Economic and Sectorial Research Directorate, and the Securities Services Department.
The new term is set to begin once these new responsibilities are officially approved by the National Bank of Romania.
BT reported a net profit of RON 1.78 billion (€359.1 million) for H1 2025, a slight decrease of 1.9% compared to the RON 1.81 billion (€365.1 million) recorded in the same period of 2024.
Addiko Group, the Austrian lender focused on CSEE, has officially entered the Romanian market.
Patria Bank announced that its majority shareholder, EEAF Financial Services, holding 84% of the bank's total shares, is exploring strategic options for its investment.
Power company Electrica has successfully priced its inaugural €500 million green bonds, with a five-year maturity, at a competitive 4.566% yield.
Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).
The European Commission (EC) has concluded that Romania's recapitalisation of the wholly state-owned Exim Banca Românească, amounting to €250 million (RON 1.25 billion)...
Romania's real GDP growth is forecast to remain low over the next two years, primarily due to the necessary fiscal consolidation measures that will slow consumption.
CEC Bank continues to support entrepreneurs from rural and agricultural sectors by signing a new guarantee agreement with the Rural Credit Guarantee Fund (FGCR), which allows refinancing of AGRO and RURAL loans.
Endava, the technology-driven business transformation group, and Paysafe, a payments platform, announced a multi-year strategic partnership to bring payments and community engagement solutions to market faster.
Family business revenues are projected to reach $29 trillion by 2030, reflecting an 84% increase compared to 2020, according to a Deloitte study. These businesses currently account for 19% of all business revenue globally and represent more than 18,000 entities worldwide.
In 2023, the EU spent €1.72 trillion on healthcare expenditure, equivalent to 10.0% of the EU's gross domestic product, according to Eurostat.
