The RoPay project, the result of an effort sustained for over three years, positions Romania on the map of European landmark initiatives in the field of retail payments, said Leonardo Badea, deputy ...

UniCredit Bank announces the successful completion of a new issue of corporate bonds in lei (senior, unsecured) with a maturity of 5 years and a fixed annual coupon of 7.67%. Through the offer carried ...

SEE’s leading challenger bank, continues to show strong financial results with a record net profit of EUR 38 million for the first 9 months of 2024 – 34% higher year-on-year (YOY) based on unaudited ...

Fagura, the fintech platform that connects entrepreneurs and investors, announces a new €1 million funding round secured through convertible notes. The funds will support the expansion of operations ...

In a volatile global market, large-sized Romanian companies engaged in international trade are increasingly turning to hedging tools provided by fintech platforms to secure exchange rates for future ...

MyBenefits, the employee benefits platform, announces its collaboration with Metropolitan Life, one of the leading life and health insurance market leaders in Romania. Through this partnership, ...

People aged over 65 years prefer time deposits, whereas young people under 25, who have limited financial resources, are not prone to saving, Bogdan Negrea, director of the Currency and Banks ...

Half of Romanian households save money monthly, but 57% of them keep their savings in cash, according to the 2024 Debt Barometer conducted by IRES in partnership with KRUK Romania. The study provides ...

Moody’s ratings, assigned for the first time in 2023, and upgrades the outlook from stable to positive for its long-term deposit rating (Baa2) and issuer rating (Baa3). The reaffirmation of the ...

The National Bank of Hungary purchased 14.5 tons of gold at the end of September this year, joining the ranks of many central banks that have increased their gold reserves over the past three years.

The Ministry of Foreign Affairs on Friday notes that one cannot equate Israel, a democracy, with terrorist organizations such as Hamas and Hezbollah."Given the current context in the Middle East, when ...

Romania and Bulgaria may become full members of Europe's borderless Schengen travel zone in January 2025, Hungary said on Friday, adding a final decision would be made at next month's meeting of EU ...