ING Bank Romania achieved a net profit of 347 million RON in the first quarter of 2024, up 1% compared to the same period of last year, the bank informed in a release on Monday.In the first three months, the bank reported revenues of 877 million RON and total assets of 71.4 billion RON, an increase of 11.3% and 14.1%, respectively, compared to the same period in 2023.The costs of risk provisions remained at a low level, of approximately 58 million RON, but higher than in Q1 2023.At the same time, ING Bank Romania offered new loans to support the transition towards a more sustainable environment, offering loans with eco discounts for individuals worth 32 million euros, representing approximately 50% of the total amount granted in 2023 (67 million euros).Loans with sustainability components granted to companies reached 4.5 million euros for small companies, respectively 670 million euros in syndicated and bilateral loans for large companies.Regarding mutual funds with a sustainable component (art. 9 according to the SFDR), 29 million euros were invested by individual clients in the first quarter.ING Bank Romania is part of the ING Group, a global international financial institution, which offers banking services to over 38 million individual clients, companies or institutions from over 40 countries. Founded in 1994, ING Bank Romania is currently a universal bank, offering products and services to all categories of clients - large and small companies, financial institutions, small entrepreneurs and individuals. ING Bank Romania is the only bank with organic growth in the top 10 local banks by assets, without acquisitions of client portfolios or other banks. It is a universal bank with over 1.8 million clients from three business segments: individuals (retail), SME & Mid-Corporate companies and Wholesale Banking.
Local authorities in the mountain town of Râșnov, in Brașov County, have begun installing an electric fence to protect residents from bears that come down from the forest to scavenge for food. According to Râșnov Town Hall representatives, the measure comes as a result of increasingly frequent 112 emergency calls from citizens reporting the presence […]
OFF Avignon, the performing arts festival held in conjunction with the Festival d'Avignon in France, and the International Shakespeare Festival Craiova (FISC) will collaborate to present several performances at both events. The project Shakespeare Of(f) Avignon will see two performances from the OFF Avignon 2025 program presented at next year's edition of FISC. The selection […]
Gebrüder Weiss Romania has completed the installation of a photovoltaic system at its newest logistics hub in Popești-Leordeni, marking a major step in its sustainability strategy. The system includes 674 solar panels covering roughly 1,635 sqm on the roof of its cross-dock and logistics warehouse, with an installed capacity of 300 kWp. The energy generated […]
Romania's men's team won its second continental title in the Under-19 category on Tuesday, July 15, at the European Junior Table Tennis Championships in Ostrava, Czech Republic, after defeating Portugal in the final with a score of 3-2, according to the Romanian Table Tennis Federation. In the final, table tennis player Iulian Chiriță secured the […]
Romania allocated just 12.8% of its GDP to social protection spending in 2023, the lowest proportion among European Union member states, according to data published by the Social Monitor, a project of the Friedrich Ebert Foundation Romania, based on Eurostat figures. This places Romania well below the EU average and far behind the highest-ranking countries […]
The French-led group's strength will increase from 1,500 troops to approximately 4,000, and NATO's reinforced forward battle group in Romania will thus be expanded to brigade level, according to Bursa.ro and
