Banca Transilvania and Victoriabank announce significant benefits for the retail and corporate customers, which mean smaller operational costs and faster access to money: No fees applies for transfers performed between the two banks, in Lei, Euro, US dollars, Pounds Sterling and Swiss francs, regardless of their value and the channel through which the transactions are made; Receiving the amounts on the same day as the payments are made, if the payments are made until 3 p.m. – for Lei, Euro, US dollars and Pounds Sterling. “The customers of the two banks have one more reason to consider Banca Transilvania and Victoriabank as their first choice when sending money to Romania or Moldova. This initiative, with its integrated commercial approach, increases the synergies between the two banks, which are part of Banca Transilvania Financial Group. It also contributes to the financial integration between Romania and the Republic of Moldova and to increasing Moldova’s synergies with Romania and the European Union”, said Bogdan Ple?uvescu, Deputy CEO, Banca Transilvania, CEO of Victoriabank during 2018 – 2023. The two banks have over 4.7 million customers in Romania and Moldova.
The National Bank of Romania (BNR) ended 2024 with a profit of roughly RON 3.8 billion (EUR 760 million), a 58% increase compared to the previous year, despite the operations it performed to maintain the national currency's stability. The figures, published in a report on Monday, June 23, show that operating costs for 2024 were […]
Over half of Romanians trust the United States and the United Kingdom, according to the Informat.ro - INSCOP Research Barometer conducted between May 26–30, 2025. Only 11% trust Russia, with higher levels of trust from among far-right voters of the Alliance for the Union of Romanians (AUR) party. The United States is trusted by 52.8% […]
Prahova County launched construction on a major cycling infrastructure project aimed at connecting local vineyard towns and promoting green mobility and sustainable tourism. The initiative, titled “Establishment of Bicycle Lanes on Bachus’s Route,” represents an investment of over RON 25 million, with RON 21 million coming from non-reimbursable funds provided by the Environmental Fund Administration. […]
Forvis Mazars, the international audit, tax and advisory services partnership, is pleased to announce the launch of its International German-Romanian Desk, an initiative aimed at addressing the demand for integrated cross-border tax and legal support between Germany and Romania. The Desk combines a highly qualified German team of lawyers with an interdisciplinary Romanian team of […]
Last week, the BBC reported that Romanian authorities have launched an investigation into Tristan Tate, brother of controversial internet personality Andrew Tate, over allegations he broke election laws by posting political content on social media during the recent presidential elections. The investigation, opened by the Ilfov county police according to the British newspaper's sources, is […]
Bucharest is facing growing environmental challenges, with traffic-related air pollution, shrinking green spaces, and worsening climate impacts threatening the health and well-being of its residents, according to the latest “State of the Environment in Bucharest” report released by the Bucharest Community Foundation through the Environmental Platform for Bucharest. For example, air pollution has already reached […]
