CEC Bank has signed a new portfolio guarantee convention with the Romanian Investment and Development Bank (BID), joining the guarantee mechanism designed to support SMEs.
BT and the Investment and Development Bank (BID) have concluded an agreement to support the development of investment projects intended for infrastructure and local communities.
CEC Bank and the Investment and Development Bank (BID) have signed a landmark agreement to provide individual guarantees for public sector entities in Romania.
Three out of four Romanians traveling abroad this summer have chosen Greece, Bulgaria, Turkey, or Italy as their destination, finds a recent CEC Bank survey.
Rodbun Grup, a local agribusiness company, has secured a syndicated credit facility with a state guarantee, totaling €17.3 million, to back its working capital and development plans.
State-owned CEC Bank has completed its e-factoring project, marking a significant step forward in its ongoing digitalization strategy.
Electrica has signed a syndicated loan agreement worth RON 3.1 billion (€620 million), in a deal coordinated by BT and BCR, with Raiffeisen Bank acting as Sustainability Agent.
CEC Bank Financial Group recorded a net profit of RON 687.9 million (€138 million), with the bank itself recording a net profit of RON 668.2 million (€134 million).
The European Commission (EC) has determined that Romania's €200 million (RON 1 billion) recapitalisation of CEC Bank.
The transaction, which was oversubscribed by institutional investors, represents a new issue launched by CEC Bank within its multi-year €1.5 billion Eurobonds programme.
Strong investor demand allowed initial indicative price of 6% to fall by 37.5 basis points to a price of 5.625%, while the peak value of orders reached more than €800 million.
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.
Specifically, with this functionality, the ID images retrieved through the CEC app are automatically forwarded for processing for remittance for cashing.
The annual inflation rate, measured by the Consumer Price Index (CPI), reached 9.8% in October 2025, according to the National Institute of Statistics.
Local green energy developer Monsson and battery maker Prime Batteries have signed a memorandum of cooperation for the supply of 1,070 MWh of batteries.
Romania is reporting a substantial 20% growth in the digitalisation of its local and national public administration, a figure that is double the European average.
Full Season, a German company and a key part of Media Broadcast Satellite (MBS), a leading provider of technical media services, has officially opened its first Bucharest office.
The Simtel Group recorded consolidated operating revenues of RON 326.7 million (€65.6 million) in the first nine months of 2025, marking a 88% increase year-on-year.