The Palace of Parliament in Bucharest hosted on Monday, December 16, the launching ceremony on the Romanian market of Bank of China (BOC), the fourth bank in the world, according to the value of assets. The launching ceremony was attended by over 300 guests from the diplomatic field and from…
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In October 2017, Telekom Romania and Alior Bank launched Telekom Banking, the digital financial project that responds to consumers’ needs for fast, easy-to-use financial products and services, anywhere and anytime. Telekom Banking services have been launched gradually, starting with two modern and easy to use pillars – daily banking operations…
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Alpha Bank Romania started trading its first 200-million-euro issue of covered bonds on the main floor of BVB, a first in the financial and banking sector of Romania. The 5-year bonds paying variable interest are said to be covered by excellent mortgages and rated Baa2 by Moody’s. Both local and…
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The Romanian banking system stability is threatened by the recent introduction of the “tax on greed,” which will significantly affect solvability and profitability of the banks and worsen things for the weaker ones, according to the country report for Romania issued by the European Commission (EC) on Wednesday. In the…
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