Money - Business Review


Okan Yurtsever

IFC and Garanti Leasing support women entrepreneurs in Romania

Banking May 24, 2017 17:10 0 comments

IFC, member of the World Bank Group, has provided an EUR 5 million loan to Garanti Leasing, part of Garanti Romania, one of the most dynamic financial groups on the local market, for financing small…more »

romanian money

Finance Ministry sells bonds worth RON 75 mln through additional tender

Finance May 23, 2017 16:34 0 comments

The Finance Ministry sold bonds worth RON 75 million with a maturity in February 25 2019, through a supplementary tender organized this Monday. At the start of the week, the state had borrowed another RON…more »

Ionut Dumitru economic growth

Fiscal Council head: Romania’s strong economic growth is not reflected in the budget revenues

Finance May 23, 2017 14:15 0 comments

Romania might miss the budget deficit target of 3 percent due to the strong economic growth in the first quarter of the year that is not reflected in the budget revenues, said on Monday the…more »

icap romania

ICAP Group CEO: Only 4 pct of companies in Romania have a turnover above EUR 1 mln

Finance May 23, 2017 13:42 0 comments

Romania has 1.19 million entities, out of which 809,000 (68 percent) are commercial entities and 383,000 (32 percent) are authorized sole proprietorships, said Nikitas Konstantellos, CEO of ICAP Group, during the 8th Annual Credit Risk…more »


Assets of banks from Romania to RON 393.7 bln in March, spike by 6.3 pct in Q1

Banking May 23, 2017 11:08 0 comments

Assets of Romanian banks amounted to RON 393.7 billion in March, recording a 6.3 percent spike in the first quarter of this year, due to the reduction of non-performative loans and the maintenance of a…more »

VIG Romania Vienna Insurance Group

Vienna Insurance Group’s premium development in Romania down by 7.5 pct in Q1

Insurance May 23, 2017 11:05 0 comments

The premium development in Romania of Vienna Insurance Group went down by 7.5 percent in the first quarter of the year, a negative impact brought by the regulatory cap the government placed on motor third…more »


National Agency of Fiscal Administration (ANAF) fines fruit and vegetables merchandisers with RON 2.47 mln

Finance May 22, 2017 16:48 0 comments

The National Agency of Fiscal Administration (ANAF) fines the fruit and vegetables merchandisers with RON 2.47 million in 2 days as part of an operation for the verification and monitorization of commercial centers or other…more »


Grindeanu: It’s high time we had at least one ATM in every village besides churches, mayor offices and schools

Banking May 22, 2017 15:26 0 comments

PM Sorin Grindeanu said this Monday at the Financial Market Forum that the financial-banking education of the population is a field where "we need to do more, as it’s high time we had at least…more »

Mugur Isarescu BNR Prima Casa

Governor Isarescu, to banks: Drop litigations with customers, regain their trust

Banking May 22, 2017 15:09 0 comments

Banks from Romania need to regain their credibility in front of  their customers, after a period of several years when it dropped. In addition, lender should need to get closer to clients so as to…more »

european funds

CNAIR head: Romania will have another 90 km of highways this year

Finance May 22, 2017 13:50 0 comments

Romania will have until the end the end of 2017 some 90 km of fresh highways, in addition to 45 km of  bypass roads, while for 250 km of roads there will be upgrade works,…more »