Real estate developer RRG Real Estate Group has signed a €7.8 million financing agreement with tbi bank to complete the first stage of the Lakeside11 residential complex in northern Bucharest.
To meet the diverse needs of consumers, multiple financing options are available.
Only 11.4% of respondents believe they managed to save enough in 2024 to meet their financial needs and expectations.
The plans include an issuance in Bulgaria in Q1 2025, ranging between 10-20 million euro, followed by a possible pilot issue in the Romanian or Greek market by mid-summer.
Gifts are chosen based on the specific preferences of the recipients, say nearly 9 in 10 respondents, while the rest opt for universal gifts that would suit anyone.
tbi reports 26% YoY growth in total assets as to the end of September 2024, reaching €1.7 billion.
However, over 43% do not have savings set aside and are relying on their October salary or plan to take out a loan.
Customers can now choose the Buy Now, Pay Later (BNPL) solution for purchasing vacations, benefiting from either 4 interest-free installments or from 6 to 60 installments with interest.
The hub's HQ is in Istanbul, while most innovations come from its Research and Development (R&D) office at Zafer Technopark in Usak.
tbi bank's consolidated unaudited financial results for H1 2024 show a net profit of €23.2 million, 17% higher than the €19.7 million profit in the same period of last year.
Customers can now buy an extremely wide range of smart devices through the Buy Now, Pay Later solution in 4 installments without interest or in 6-60 installments with interest.
tbi's profit for the first six months of 2023 has already been capitalized upon approval by the Bulgarian National Bank at the end of 2023.
he annual interest rate of the bonds is 9% (paid quarterly) with maturity at the end of 2026. However, the bank has the right to redeem the bonds one year earlier.
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.
Until 12 May, customers can make purchases worth up to RON 2,000 from more than 1,500 online shops present in the app.
Over the past 7 years tbi bank went through a major transformation from a traditional local player into SEE's leading challenger bank.
BT raised €1 billion from international markets through a bond issuance that was almost four times oversubscribed, with the bank mitigating the impact of volatility in financial markets.
Romania's national electricity transmission company Transelectrica is managing €51.7 million in funding from the National Recovery and Resilience Plan's (PNRR) REPowerEU component.
Synevo Romania has appointed Adrian Tudoscă as General Manager, while Laurențiu Luca takes over leadership of diagnostic operations across 11 Southeast European markets.
Vastint Romania, part of Vastint Group, has signed the first lease agreement for the second phase of Timpuri Noi Square (TNS). Scor, a global reinsurer, has selected the project for its permanent operations in Romania, where it will occupy 3,250 sqm.
Romanian authorities are making sustained efforts to avoid downgrading the country's rating to 'junk' (speculative investments) category, which would hinder access to financial markets and increase borrowing costs for both the state and companies.