Revolut is set to establish a branch in Bucharest, marking a significant step in its expansion within the Romanian market. This development is part of...
In its meeting on 7 August 2024, the Board of the National Bank of Romania decided the following: to cut the monetary policy rate to 6.50 percent per...
According to the latest report from the National Bank of Romania, the country’s banking sector remains a critical pillar of its national economy, reflecting significant...
On May 31, 2024, Intesa Sanpaolo, a prominent Italian banking group, announced the completion of its acquisition of First Bank S.A., a Romanian bank, from...
Intesa Sanpaolo Bank wins the tender for financing the green public transport project in Bucharest. Intesa Sanpaolo Bank, the Romanian subsidiary of the Intesa Sanpaolo...
The Romanian banking landscape is undergoing a significant transformation with the arrival of neobanks. SALT, launched in April 2024, stands out as the first entirely...
Eurostat shows that in 2023, Luxembourg, Ireland, and the Netherlands remained the wealthiest European nations, while France is at the EU average, Germany is just...
In January 2024, the balance-of-payments current account posted a deficit of EUR 1,358 million, compared with EUR 760 million in January 2023. The breakdown shows...
Banca Transilvania’s brand value increased by 34% compared to 2023 and reached USD 686.5 million, climbing 44 in the ranking to position 252. Last year,...