OTP Bank Romania lost 14 million lei in the first semester of 2022

  • Future Banking
  • August 12, 2022
  • 2 min read

  OTP Group announces the financial results for the first half of 2022. According to the report published in Budapest, which presents the consolidated results adjusted by the Group´s standards, OTP Bank Romania has registered a RON 14 million loss during the first semester of 2022, a result shaped mainly by the higher total risk […]

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OTP Group purchased Alpha Bank Albania

  • Future Banking
  • July 22, 2022
  • 1 min read

OTP Group completed the procedure for the purchase of Alpha Bank Albania. With this transaction closed, OTP Group – which is also the owner of OTP Bank Albania – further strengthens its market position in Albania. As the result of the integration process of the two banks in terms of total assets the market share […]

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The Raiffeisen Bank’s Supervisory Board appointed Alina Rus as Chief Financial Officer and member of the management Board. The nomination will become effective after obtaining authorization from the National Bank of Romania (NBR). So far, the CFO of the bank was Mihail Ion, who will take over, as previously announced, another division of the bank, […]

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BT has over 2,7 million digitized customers in Romania

  • Future Banking
  • February 25, 2022
  • 1 min read

Banca Transilvania ended 2021 with results above the market average in terms of lending and operational volumes. It also remained a major partner in all Government and European programs. BT has a robust capitalization, 72% of the capital is Romanian with about 39.000 Romanian individual shareholders. „During 2021, despite the unpredictable climate, we, at BT, […]

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