Finance | 27 February, 2025 at 1:00 PM
tbi bank and Orange Romania announces exclusive online partnership
To meet the diverse needs of consumers, multiple financing options are available.
To meet the diverse needs of consumers, multiple financing options are available.
BRD Group's net result amounted to RON 1.524 billion, compared to RON 1.656 billion in 2023. BRD's capital adequacy ratio on an individual level is 23%.
The total balance mortgage balance in payment increased almost fourfold in the last 16 years, from €5.7 billions in 2008 to €21.7 billion today.
The average instalment for buying a one-bedroom apartment in Bucharest came to hold a percentage of about 40% of the average wage at a national level, down from 43% a year ago.
Refinancing a mortgage loan today by switching to a fixed interest rate can bring a 22.5% decrease in the monthly installment paid compared to the value registered a year ago.
Reduced bank interest rates and banks' offers for this product are among the drivers of this trend.
The purpose of the increase for One Cotroceni Park Office Phase 1 and Phase 2 is to reimburse shareholder loans and cover other costs.
Under this new agreement, 30% of the funds will be directed to projects supporting the transition to a green economy.
According to the NBR release, the annual inflation rate accelerated its decline in the first two months of Q2 2024, falling to 5.12 percent in May.
This financing will be used to fully repay the existing credit contracted by the company in 2021 from the Black Sea Trade and Development Bank.
Over the past 7 years tbi bank went through a major transformation from a traditional local player into SEE's leading challenger bank.
INVL Baltic Sea Growth Fund has completed the purchase of Pehart Group, a producer of household and industrial paper products in Romania, from Abris Capital Partners.
E.ON Drive Infrastructure has officially inaugurated Romania's largest EV charging hub, located within the Vivo! Commercial Complex in Pitești.
Steel producer LIBERTY Galați has announced significant changes to its executive management team and board, aiming to consolidate operations and maximize production performance.
Haleon, the consumer health group, has announced the appointment of Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster, effective July.
Societe Generale Global Solution Centre (SG GSC) Romania has announced the appointment of Laurent Mirjol as its new CEO, replacing Philippe Gabulon.