Zdenek Romanek has been authorized by the National Bank of Romania and officially takes over his mandate as President and CEO of Raiffeisen Bank. In November 2021, following an international selection process, the Austrian group Raiffeisen Bank International (RBI) appointed the Czech Zdenek Romanek as CEO of Raiffeisen Bank Romania. Romanek joined the Raiffeisen Bank […]
OTP Bank Romania has registered an after-tax profit of RON 58 million during 2021, more than double the result of the previous year. OTP Group announces the financial results for 2021, which presents the consolidated results adjusted in accordance with the Group´s standards, Operating profit in 2021 reached RON 123 million, on a downward trend […]
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, […]
TBI Bank, a Southeastern Europe challenger bank, joined forces with Romanian Fintech Association (RoFin.Tech), the leading Romanian Fintech Association, to support businesses all around the country. This partnership aims to contribute to the digitalization of the Romanian financial sector with a positive impact on the economy and overall society. “We want to build a smart […]
According to the latest data from the National Statistics Institute, the expenses per household in Romania increased by 11% in Q3 2021 vs the same period of 2020. However, the average income increased by less than 8%, and a similar trend is expected in 2022. With such a forecast, during this year, Romanians will be more challenged […]
As customers seek better and more efficient mid and long-term savings options to fight inflation, TBI Bank offers a wide range of maturities (up to 36 months) with top interest rates available both online and offline. The bank’s flagship product is a 36-month online deposit with a 5.5% fixed annual interest rate and represents one […]
First Bank launches its new collection of cards, transformed into one of the original artistic accessories, inspired by American art. The concept is unique in the Romanian market and is aligned with the bank’s modern image. The new design is signed by Cheil Centrade and features already known, but reinterpreted brand identity elements. “For us, […]
As banking services are undergoing a profound change amid the development of technology and shifting preferences of consumers towards new means of payment, a new concept is taking shape and revolutionizing the financial industry: open banking. The use of algorithms has taken mobile banking to an unprecedented level, making Ivo Grigorov – CEO, Credefi Ltd […]
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