The net assets of the 247 open and closed funds, local and foreign, increased in October, compared to the previous month, by 1.1% to the level of 48.5 billion RON (9.7 billion euros), and since the ...

Total loans granted to individuals and in payment reached EUR 37.4 billions at the end of September 2024, up 6.6% compared to 2023’s year-end, with increases recorded both in the mortgage loans ...

Financial markets might run out of patience with Romania's high fiscal deficit, chairman of the country's fiscal watchdog Daniel Daianu warned on Tuesday, saying Bucharest's seven-year plan to narrow ...

The international rating agency Fitch Ratings has revised upwards the Long-Term Debt Rating (IDR) of Garanti BBVA Romania (GBR) to ‘BB’ from ‘BB-‘ with Stable Outlook, this improvement representing ...

A new IFC investment in senior bonds issued by UniCredit Bank S.A., the Romanian subsidiary of UniCredit S.p.A., representing the first tranche of the total €108 million investment approved in ...

The Revolut digital bank, with over 4 million customers on the local market, joined the Instant Payments network in Romania last week, the company announced in a statement sent on Thursday.The service ...

The management of Exim Banca Romaneasca will be ensured for the next four years by Traian Halalai as executive president, Lidia Stan – executive vice president responsible for retail activity/CFO, ...

The effects of inflation, the decrease in sales, logistical or financing problems have significantly increased the level of payment delays, a fact that risks leading to extensive financial problems in ...

Ilie Bolojan declared that the Liberals are willing to participate in a governing coalition, and the basis for discussion in this attempt should be the reform program they propose."Regarding the ...

The budget deficit, fiscal consolidation, and currency trends are top concerns for Romania’s business leaders, according to the 11th edition of the CONFIDEX study, which gauges managerial confidence ...

Romania's commitment to security and democracy in Europe represents a model for all nations to follow, said US secretary of state Antony Blinken on Sunday, in a message sent on the National Day of ...

The Social Democratic Party (PSD) is first place in voter preferences for the Senate, with 22.77% of the votes, after the centralisation of reports from 99.06% of polling stations, according to data ...