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.
Dacia Bigster has been included in the shortlist for the title of Car of the Year 2026, running against Citroën C5 Aircross, Fiat Grande Panda, Kia EV4, Mercedes-Benz CLA, Renault 4, and Skoda Elroq. To be included in the shortlist, the seven cars had to receive the approval of 59 jurors from 23 countries. Cars […]
Timișoara-born Jecza Gallery will open Fractal Topologies of Infinity, an exhibition that brings into dialogue the works of Constantin Flondor and Mirel Vieru, at Scânteia+ at Casa Presei Libere in Bucharest. The exhibition, curated by Maria Rus Bojan, marks the opening of the gallery’s permanent space in the capital. “This inauguration marks the beginning of a […]
A song with lyrics by Radu Gyr, an interwar poet connected to the far-right and antisemitic Legionary Movement, was performed on October 30 by the “Tronos Junior” Choir in Romania’s new National Cathedral. The incident led to numerous reactions and condemnations, but was rejected by the Church. The controversial event took place on the Day […]
Bistriţa, a city in northern Romania and a former Saxon burg, has been included in the UNESCO Creative Cities Network (UCCN), in the newly-established category of Architecture. This creative field adds to the seven existing ones: Crafts and Folk Art, Design, Film, Gastronomy, Literature, Media Arts, and Music. Bistriţa is one of 58 cities that […]
Real estate developers building residential projects in Bucharest’s District 1 will now be required to contribute financially to the construction of elementary schools in areas lacking educational facilities, the district’s City Hall announced on October 31, Profit.ro...
A bipartisan group of senior members of the United States Congress is preparing legislation to block the Pentagon’s plan to downsize the American military presence in Romania and other NATO outposts along the alliance’s eastern flank,
