We have prepared over 20 business events for you in the IC Events platform event calendar, covering most industries in Romania. From retail & eCommerce to fintech & financial services, the events hosted by IC Events are designed to help a wide range of managers and entrepreneurs to keep up with all the latest trends […]

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Future Banking is reshaping the well-known fintech and digital banking event and announces the first digital banking retreat in Romania. Join 200 like-minded professionals on 19th & 20th of October, in an extravagant venue in Brașov, and we’ll make sure that you’ll witness a fresh networking experience, plus tons of relevant content for your business. […]

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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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Banca Transilvania onboards its clients in almost 15 minutes

  • Future Banking
  • June 30, 2022
  • 1 min read

Banca Transilvania’s technical team developed BT ONE internal platform used by its employees for account opening/onboarding and customer relations. FlowX.AI innovative no-code/full-code technology is used to develop this platform and it enables the bank to fast and constantly develop new functionalities, every 2-4 weeks. This way, BT technical team launched ten essential functionalities for customer […]

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Banca Transilvania will pay the shareholders cash dividends amounting to 800 million lei from the 1.8 billion lei profit obtained in 2021, following the decision of the General Meeting of Shareholders (GMS). At the GMS meeting, held on 28 April 2022, the shareholders elected the new Board of Directors (BoD) for the 2022 – 2026 […]

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First Bank announces it offers a 50% reduction on its green financial credits to companies that want to install photovoltaic panels to recover their electricity costs. With these, companies have the opportunity to become prosumers, as well as to recover up to 100% of their bills. “With electricity posing a significant challenge in a market […]

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New lei bond issuance printed by BCR

  • Future Banking
  • April 1, 2022
  • 1 min read

Banca Comercială Română (BCR) has successfully printed a new senior non-preferred bond issuance of 351.5 million lei, continuing its strategy of expanding its financing sources and contributing to the development of the capital market in Romania. The bank has printed in the last 3 years an amount of 3.05 billion lei in bond issuances, being […]

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Garanti BBVA has signed an agreement with the Agency for Payments and Intervention for Agriculture (APIA), aiming to support Romanian farmers. Through this partnership, customers have access to a credit facility of up to 90% of the amount due, including redistributive payment, greening payment, and compensatory measures. To achieve the proposed objectives and to generate […]

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