Mogo Romania, part of the international Eleving Group, has officially launched personal loans, expanding its product portfolio after nine years of exclusively financing used-car purchases.
The non-performing loan (NPL) rate in the Romanian banking sector reached 2.81% at the end of June 2025, up from 2.53% in March 2025, also up from the 2.49% rate.
BRD Groupe Société Générale has reported a strong first half of the year, with significant growth in commercial activity and financial performance.
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
The EIB loan provides long-term funding in euros or Romanian lei at favourable conditions compared with alternatives in the market.
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.
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.
The agreement signed with the European Investment Bank is supported by the Ministry of Investments and European Projects, through the State aid and de minimis Scheme.
tbi bank's consolidated unaudited financial results for the first quarter of 2024 show net profit of €11.3 million – almost 40% higher than the profit in Q1 2023.
The success rate of requests for bank loans registered on the 123credit.ro platform was approximately 4%, in the first quarter of the year.
Garanti BBVA Romania recorded a net profit of RON 177 million in 2023 and operating revenues of RON 521 million.
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%.
Romanian PM Ilie Bolojan has announced that a transitional period for natural gas pricing will be implemented between 1 April this year and the end of March 2027.
Oil major OMV Petrom closed 2025 with a net profit of approximately €620 million, down 27% compared to the previous year.
HempFlax Netherlands, a large cultivator and processor of industrial hemp, has announced plans to sell its extensive agricultural portfolio.
The Romanian Business Leaders Foundation (RBL) has been accepted as a member of the European Bank for Reconstruction and Development's Civil Society Steering Committee for a two-year mandate from 2026 to 2027.
Greenvolt Power has secured €58.5 million in project financing from Erste Group Bank and BCR for a 49.8 MW onshore wind project in Săcele, in the Dobrogea region of south-eastern Romania.