Romania's reformist party USR announced on Wednesday, April 9, its decision to endorse Bucharest mayor Nicușor Dan for the upcoming presidential elections, withdrawing its support for party leader Elena Lasconi, News.ro...
The Banca Transilvania Financial Group has closed last year with a consolidated net profit of 2.045 billion RON, of which the bank's stands at 1.782 billion RON, according to a release of the bank."In 2021, despite an unpredictable climate, we, at BT, have maintained our optimism and firm commitment to contribute to the relaunch of the Romanian economy, and today we are glad the figures confirm expectations. It was a year in which we financed the population and companies, increased the volume of operations ran through the bank and created value for shareholders. Furthermore, through the Idea::Bank acquisition we contributed to the consolidation of the banking system. We will continue to invest in people, products and technology, strengthening our position on the market both through responsible organic growth, as well as eventual acquisitions," said Horia Ciorcila, the President of the Administration Council of Banca Transilvania.The assets of the BT Financial Group have reached, last year, 132.5 billion RON. Credits rose up to 50.2 billion RON, and deposits reached 108 billion RON, of which 71.89 billion RON are of individuals, and 36.13 billion RON of companies.The net consolidated profit of the BT Financial Group is of 2.045 billion RON, of which that of the bank stands at 1.782 billion RON. The operational profit of the bank has increased to 2.257 billion RON. The operational efficiency, which represents the cost/income ratio, was kept at the comfortable level of 48.1% due to good management of costs and increasing efficiency through digitization of processes, the quoted source mentions.The release mentions that BT has a robust capitalization, 72% Romanian capital and nearly 39,000 direct individual investors.
Romania's reformist party USR announced on Wednesday, April 9, its decision to endorse Bucharest mayor Nicușor Dan for the upcoming presidential elections, withdrawing its support for party leader Elena Lasconi, News.ro...
Microsoft Romania announced on Wednesday, April 9, the signing of a Memorandum of Understanding with the “George Emil Palade” University of Medicine, Pharmacy, Science and Technology in Târgu Mureș for the development of Romania’s first smart hospital. According to the press release, the project aims to revolutionize healthcare through innovative structures, advanced facilities, and smart […]
The Dacia Foundation for Romania was officially launched on Tuesday, April 8, to support NGOs with projects concerning access to education, the labor market, and culture. The foundation will have a grant program with an EUR 1 million budget, offering grants of up to EUR 30,000 for projects that can have a duration of 6 […]
The National Company Bucharest Airports (CNAB) has launched a tender for the design of a new terminal at Henri Coandă Airport, Bucharest’s main one, with the estimated project value reaching nearly EUR 40 million. According to the announcement quoted by Agerpres, this is the largest and most complex...
US singer-songwriter Jennifer Lopez will perform in Romania this year as part of her “Up All Night Live” world tour. The concert will take place on July 27, according to News.ro, but the location is yet to be announced. Lopez, 55, published a video on YouTube promoting the concerts. “To all my international JLovers, I’ll...
Romanian filmmaker Corneliu Porumboiu will shoot his first film in more than six years in French and in France, where he now lives. The writer-director told Variety more about the new film at Visions du Réel, a film festival in Nyon, Switzerland, which held a retrospective of his films. The project is currently in the […]