S&P Maintains Romania’s Credit Rating, But Risks Linger
Romania has narrowly avoided a downgrade to “junk” status after S&P Global Ratings reaffirmed the country’s investment-grade rating at ‘BBB-‘, while maintaining a “negative outlook.”...
Tag : Finance
Intesa Sanpaolo’s Expansion in Romania after Acquiring First Bank from J.C. Flowers & Co.
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...
Best Practices To Approach When Investing In Romania
Direct foreign investment in Romania has decreased recently, as noticed by the National Institute of Statistics. The top foreign investors in Romania have become Romanian...
Romanian Neobank SALT: All You Need To Know
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...
Brand Finance: Romania’s Banca Transilvania Ranks amongst Top 3 Strongest Brands Worldwide
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,...
Romanian Voted as Moldova’s National Bank Governor
Anca Dragu, a Romanian senator with USR, the so-called “Reformist Party” in Romania, was voted on Friday, December 22, as the new Governor of Moldova’s...
Digital Euro Enters Preparation Phase
Digital Euro, or the European CBDC, enters the preparation phase on November 1, 2023. The European Central Bank representatives have announced the conclusion of the...
Billions of Euros in European Funds to Alleviate Energy Poverty in Romania
In the coming years, Romania has unprecedented European funds amounting to billions of euros to transition to a low-emission energy sector, Energy Industry Review reports....
First Bank Earns Best Place to Work Certification in Romania for 2023
First Bank, a leading financial institution in Romania, has been recently recognized as one of the best places to work for 2023. First Bank is the...
Bulgaria’s BlackPeak Capital to Back Romanian SMEs with EUR 40M
Bulgarian private equity firm BlackPeak Capital said it plans to support the development of fast-growing Romanian small and mid-sized enterprises (SMEs) with investments of up...
