banking - Business Review

Tag Archives: banking

Raiffeisen Bank

Raiffeisen Bank to drop trading intermediation of shares, bonds on local stock exchange starting 2018

Finance December 12, 2017 16:46 0 comments

Starting 2018, Raiffeisen Bank will stop offering trading services for shares, bonds and other financial instruments intermediated on the stock exchange for itself or its customers, according to a company statement. The accounts of customers…more »

contactless transactions

Contactless payments by Visa cards doubled in less than one year in Romania

News December 14, 2016 15:07 0 comments

Contactless payments by Visa cards doubled in less than one year in Romania, from 10 percent at the beginning of the year to 20 percent in the third quarter. Over half of Visa payments made…more »

mobile banking usage

BCR study: 57 pct of Romanian teenagers are clients of a bank and 40 pct make online payments

Banking October 06, 2016 14:13 0 comments

The BCR study "Young people’s perception about the banking system from Romania” shows that 57 percent of teenagers are clients of a bank, with this figure going up to 92 percent for the 20-25 years…more »

"ing bank"

ING revises Romania’s 2016-17 inflation forecasts to -0.8pct/+2.1pct

News July 04, 2016 11:52 0 comments

ING has revised its inflation forecasts for Romania from 0.0pct/+2.7pct to -0.8pct/+2.1pct. The factors the analysts took into account are ING's downward revision of the oil forecast for end-2017 from US$65/bbl to US$45/bbl, the regulated…more »

"bnr palace"

Debt discharge law could trigger increase of non-performing loans rate, BNR official argues

Banking June 15, 2016 14:48 0 comments

The debt discharge law compels banks to calculate additional capital and can lead to the increase of the non-performing loans (NPL) rate, First Deputy of the National Bank of Romania (BNR) Florin Georgescu argues. According…more »

M&A activities

M&A in global financial services will intensify, says EY

News June 29, 2015 13:15 0 comments

Trading activity is expected to intensify in global financial services, as 46 percent of the executives of these companies intend to carry out mergers and acquisitions (M&A) over the next 12 months, shows the Ernst…more »

The Year in Review: Banking, Finance and Insurance

Banking December 23, 2014 10:44 0 comments

Announcements of two acquisitions are reshaping the local banking sector, while the EBRD’s acquisition of an equity stake in the Bucharest Stock Exchange is giving new impetus to the development of the local capital markets.…more »

What went Up, what Down?

Business March 05, 2013 14:43 0 comments BR Exclusive

Despite the challenges the local economy had to face over the past five years, several industries stood out with their performance indicators, heralding new development sectors of the local economy. Investors showed growing interest and…more »

IT, telecom, outsourcing and consultancy firms are main recruiters in Top Employers’ Fair

Human Resources March 28, 2012 13:00 0 comments

Over 3,000 jobs offered by 90 companies with activities in IT&C, outsourcing, consultancy, banking, engineering, FMCG and retail will be up for grabs during the Angajatori de TOP (Top Employers’ Fair) that takes place between…more »

3Q Ovidiu Solomonov founder and main shareholder of

News July 25, 2011 10:20 0 comments

How did you get the idea of founding  The idea to develop a transparent communication platform between consumers and companies originated from a personal experience I had with an insurance company that did not…more »