Finance

Business Forum   |   1 August, 2025 at 4:00 PM

BRD names new Interim Chairman

BRD-Groupe Société Générale has announced the appointment of Jean Pierre Georges Vigroux, an independent Board Member, as the Interim Chairman of its Board of Directors.

Business Forum   |   1 August, 2025 at 2:10 PM

Insolvencies surge by 32% in Bucharest

Bucharest recorded 8,639 insolvency cases between August 2024 and July 2025, which is a 32% increase compared to the previous 12-month period.

Business Forum   |   1 August, 2025 at 10:52 AM

BCR records net profit gain of 12% in H1 2025

BCR recorded a net profit of RON 1.47 billion (€294 million) in H1 2025, a 12% increase from the same period last year. This performance was driven by an improved operational performance and a higher volume of customer business.

Business Forum   |   7 July, 2025 at 8:00 PM

Freedom24: Romanians boost trading in AI stocks

Romanian investors have a strong interest in technology, AI, and cryptocurrency, alongside a strategic allocation to broad-market ETFs and high-yield bonds.

Business Forum   |   3 July, 2025 at 7:00 PM

Romania to double turnover tax for banks

Romania's Government aims to double the special turnover tax for banks to 4% as part of a wider fiscal package designed to balance public finances.

Business Forum   |   27 June, 2025 at 9:02 AM

BT raises RON 1.5 billion in record bond sale

Banca Transilvania (BT) has successfully completed its inaugural issuance of sustainable bonds in Romanian Lei, attracting RON 1.5 billion (€301.7 million).

Business Forum   |   23 June, 2025 at 12:14 PM

Romania's net profit of banking system up 5% in 2024

The net profit of the entire banking system amounted to RON 14.197 billion (€2.86 billion) at the end of 2024, up 5% compared to 2023, according to the annual report for 2024 published on Monday by the National Bank of Romania.

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Finance

Selfpay secures loans for network expansion

Romanian payment solutions company Selfpay has signed a €1 million investment credit facility with BT to accelerate its development plans through the acquisition of new payment terminals that will be operated directly by the company.