UniCredit announce completion of acquisition of majority stake in Alpha Bank Romania
Alpha Bank Romania will be merged into UniCredit Bank Romania, creating the third banking group by assets in the country.
Alpha Bank Romania will be merged into UniCredit Bank Romania, creating the third banking group by assets in the country.
The syndicate of banks included CEC Bank and Alpha Bank Romania and the facility granted is secured by a guarantee issued by Exim Banca Românească.
Alpha Bank Romania announces the re-launch of the application, products and services taken over from Orange Money Romania.
Total assets reached €4.7 billion at the end of the first quarter, up 8% compared to the first quarter of 2023.
The funds will be utilized to refinance the development of 40 green logistics buildings (Green buildings) of Class A.
In 2023, Alpha Bank Romania continued to adapt to challenges and changes in the macroeconomic environment.
According to data presented in November 2024 by the governor of the National Bank of Romania (NBR), Mugur Isărescu, the inflation forecast for the end of 2025 is estimated at 3.5%.
Government representatives have participated in a series of consultations with Romania's international financial partners to analyze latest financial and economic developments.
On a gross basis, compared with the same quarter in 2023, GDP in the fourth quarter of 2024 increased by 0.7%.
The project aims to reconfigure, modernize and increase the capacity of the Perișoru power line by replacing the line over a length of about 35 km.
The facility from Giurgiu manufactures spiral welded steel pipes with diameters up to 2.540 mm used in the construction of pipelines.