The central bank decided to lower the key interest rate twice this year, in July, from 7% per annum to 6.75% per annum, and in August to 6.5% per annum.
Freedom24 is the European subsidiary of the NASDAQ-listed Freedom Holding Corp, an international investment group with expertise in the USA, Europe and Central Asia.
This ETF, expected to debut by year-end, will track the SBITOPtr index, the primary equity benchmark of the Ljubljana Stock Exchange, comprising nine Slovenian blue-chip stocks.
The transaction will be completed following the receipt of the necessary approvals from the Financial Supervisory Authority and the Romanian Competition Council.
he service is offered in partnership with TRANSFOND, the administrator and operator of the Automated Clearing House for Interbank Payments, and administered by the ARB.
Alpha Bank Romania will be merged into UniCredit Bank Romania, creating the third banking group by assets in the country.
Launched in June, the online lending feature allows existing clients to apply for personal loans or Bonus Cards 24/7, from anywhere in the world, using just a smartphone.
BRD is among the first banks which will roll out in production, RoPay, an instant mobile, proximity and payments service, via QR code, which is simple, secured and free of charge.
Gen Z save for pleasure and education (14%), while Millennials (56%). Best Agers (57%) want to be fully covered in case of unpredictable times.
Through this collaboration with EIF, Garanti BBVA is launching two new guarantee programs designed to address key challenges for Romanian enterprises.
Increased IPO activity has heightened competitiveness among companies to meet the Bucharest Stock Exchange's criteria for "blue chip" status.
Payment technology company is one of the first to offer a solution in Central Europe, providing an easy, secure and private way to accept contactless payments.
Raiffeisen Bank Romania's assets exceeded RON 74.3 billion in the first 9 months of the year, marking an increase of 10% compared to the same period last year.
Customers can now choose the Buy Now, Pay Later (BNPL) solution for purchasing vacations, benefiting from either 4 interest-free installments or from 6 to 60 installments with interest.
Most Romanians have their first gains from trading after 8-12 months of continuous learning and practice, and the most demanding ones after the first 4 months.
EIF signs agreements with seven banks to boost business competitiveness and sustainability.
The startups in the Early Game Fund I portfolio reached annual revenues of 43 million euros and over 400 employees.
Made from 99% recycled plastic, the new card has been added to the bank's product portfolio and is accessible to a significant segment of premium clients.
The insurance market is highly responsive to stimuli from various stakeholders, including insurance companies, brokers, authorities, and consumers.
The financial results reported at the end of September show total assets of €43.5 million, revenues of €10.6 million, and a net profit of €2.5 million.
TOKEN is the first payment institution authorized by the NBR to accept online payment operations and transactions at physical POS, following the PSD2 regulations.
AGISTA's investment in Dendrio Solutions generated an IRR of 22% and a return of 60% in two and a half years.
InvestALIM results: out of a total of 37 companies - eight are projects successfully managed by the REI team.
Huge potential to shape Financial Controller role: 39% expect focus to shift to “value creation” but many not getting support needed to make this change.
Over half of the PE funds in Romania anticipate an increase in M&A activity in 2025 compared to the previous year, according to a Roland Berger study.
BCR achieved a net profit of RON 742 million (€149 million) during Q1 2025, marking a 19.8% increase compared to the RON 620 million (€125 million) in Q1 2024
A study by Forvis Mazars Group reveals that while C-suite executives in Romania and CEE remain largely optimistic about growth.
OMV Petrom concluded the first quarter of this year with a net profit of RON 1.07 billion (€200 million), a 24% decrease compared to the same period in 2024.
Optional pension funds in Romania can allocate up to 10% of their total assets to private equity investment funds in Romania, the EU, and OECD countries.