Finance
Raiffeisen Bank: 50% growth in financial planning in Q1 2024
At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking application.
BRD individuals' loan production touched a new record level, RON 2.35 billion in Q1 2024, +43% YoY, building on consumer loans' best quarter ever, with a growth of +51% YoY.
And a new class of information providers is making its way toward the mind of retail investors: the financial influencers, who are active on platforms like Tik Tok or Instagram.
Through PIES ("Simplified Execution Investment Portfolios"), investors can create a portfolio of stocks with customised weights.
The GIA virtual assistant is available on all devices and can respond to customer inquiries in two languages, Romanian and English.
The shareholders approved, among other items, the distribution of the second tranche of the dividends from 2023 profits.
Signal Iduna brings even more flexibility to who have health insurance, simplifying both the classic reimbursement process
Until 12 May, customers can make purchases worth up to RON 2,000 from more than 1,500 online shops present in the app.
OTP Bank Romania announces the conclusion of a financing agreement with Nusco Imobiliara for the construction of 3 residential buildings.
A society without cash would not be beneficial for people, because it would lead to violations of individual autonomy and human rights.
The amount of loans granted by non-banking financial institutions (NBFIs) in Romania reached a record level of almost RON 50 billion in 2023, after an annual advance of 13,9%.
Signal Iduna Asigurare Reasigurare recorded a growth in gross written premiums of approximately 34% in 2023 compared to the same period of the previous year.
Straco Real Estate and Baltisse announce the successful acquisition of a majority stake in SPEEDWELL, a premier real estate developer based in Romania.
With these resources, ELEC will develop its own software and integrate ridesharing, rent-a-car, and electric charging services into the same platform.
The first significant news is the acquisition of CODA Intelligence, a Romanian startup specializing in cybersecurity solutions, by PDQ, with complementary products to CODA.
Ministers meeting in Luxembourg welcome the Action Plan presented by President Calviño to update the definition of dual-use projects and extend EIB credit lines.
STEIN Bestasig will coordinate the PIB Group's expansion in Romania, with a series of M&A acquisitions starting in 2024.
Vista Bank is the tenth bank that offers its own customers the facility to verify the payee's identity for payments in RON made through internet banking.
BRD and IFC closed a landmark synthetic significant risk transfer transaction that will free up capital for BRD to boost the financing of sustainability-related projects.
The Ministry of Finance is preparing a new state aid scheme for investments, similar to GD 807/2014: annual budget is estimated at €150 million.
Differentiating itself from traditional banks, Salt Bank aims to be more than a bank: a 100% digital experience, adapted to users' contemporary needs.
This decision aims to strengthen the company's market position and diversify its sources of funding.
During the first three months of 2024, the Romanian mergers and acquisitions (M&A) market recorded 63 transactions.
Romanian Association for Investor Relations, the promoter of the Investor Relations (IR) concept, announces that Bento - 2B Intelligent Soft, becomes an Associate Member of ARIR.
Metropolitan Life, registered during the year 2023 gross written premiums amounting to RON 625.1 million, having an increase of 7.95% compared to the previous year.
The announcement marks the completion of a €16 million investment by Indotek that created a premier mass-market destination for international retail brands.
At the same time, it continued to support SMEs and accelerated investments to launch new functionalities in the mobile banking application.
BRD individuals' loan production touched a new record level, RON 2.35 billion in Q1 2024, +43% YoY, building on consumer loans' best quarter ever, with a growth of +51% YoY.
And a new class of information providers is making its way toward the mind of retail investors: the financial influencers, who are active on platforms like Tik Tok or Instagram.
CMS has advised global energy company Iberdrola on the agreement to sell Eolica Dobrogea One wind company, their Romanian 80MW wind energy production facility.