The outlook on the long-term deposit ratings of tbi bank was changed by Moody’s Ratings from “stable” to “positive”. At the same time the agency also affirmed the bank’s long- and short-term deposit ratings at Ba2/NP and Baseline Credit Assessment (BCA) and Adjusted BCA at ba3 by Moody’s Ratings. Moody’s also affirmed tbi bank’s long- and short-term Counterparty Risk Ratings at Baa3/P-3 and the long- and short-term Counterparty Risk Assessments (CR Assessment) at Baa3(cr)/P-3(cr). The new Moody’s statement follows the announcement of the concluded agreement between 4Finance Holding S.A. and Advent International regarding the acquisition of tbi bank. The transaction is subject to regulatory approvals with expected closure in the fourth quarter of 2025. “The positive outlook on tbi bank’s Ba2 long-term deposit ratings reflects our expectation that governance risks will moderate once the transaction concludes and the bank is acquired by Advent. Additionally, tbi bank could be afforded with better access to capital and expertise in executing its strategy under Advent’s ownership”, says the statement of Moody’s.
Several clubs and bars in Cluj-Napoca have introduced the “Angel Shot” safety code, a discreet system designed to help women who feel threatened or in danger while out in the city’s nightlife venues, Euronews Romania reported. The measure aims to prevent harassment, assault, or drink spiking. Under the system, anyone who feels...
Romania’s National Agency for Fiscal Administration (ANAF) is preparing to seize the main residence of former president Klaus Iohannis to recover a debt of about EUR 1 million, Antena3.ro reported, as quoted by B1tv.ro. The sum stems from rent revenues that were...
Romania’s president Nicușor Dan has pledged to tackle the judiciary’s weak performance once the issue of magistrates’ pensions is resolved, G4media.ro reported. The statement has sparked debate over...
The real estate developers can charge no more than 5% of the value of a contract as payment in advance, based on a preliminary note, and will have to return the money to the customer unless it signs the contract or promissory note within 60 days due to the sole default of the developer, according […]
Romania’s public health insurance system collected an additional RON 500 million (EUR 100 million) in August–September following the implementation of the first package of fiscal reforms under Law 141/2025,
The average net wage in Romania increased by only 4.6% y/y to RON 5,499 (EUR 1,075) in the third quarter of 2025 (Q3), slowing down from +7.6% y/y in Q2 and +9.7% y/y in Q1 and a double-digit rate in 2024, according to data published by the statistics office (INS). The rising inflation, at 9.2% […]
