Aggregate operating profit for the Romanian banking system rose by 31% y/y last year, while the operating revenues increased by 20% and the stock of bank loans advanced by 6.4% y/y at the end of December, according to data provided by the National Bank of Romania (BNR).
The operating margin thus topped 50%, as the operating profit reached RON 18 billion (EUR 3.6 billion), whereas the revenues were RON 34.2 billion.
Award-winning films, creative and recycling workshops, community meals inspired by the cultures of the partner countries, mornings with beach sports and evenings with music and dance are part of the program of this year's edition of Cinemascop, the festival taking place between August 1 and August 10 in the summer garden in Eforie Sud, on […]
Over 850,000 citizens from the Republic of Moldova had gained Romanian citizenship by 2024, according to official data cited by Radio Chișinău. The numbers are even more impressive considering that the Republic of Moldova has a population of around 2.4 million. Numerous Moldovans, including president Maia Sandu,...
Dracula, the latest film of Romanian director Radu Jude, will be screened at this year's edition of Anonimul International Film Festival, which takes place between August 11 and August 17 in Sfântu Gheorghe, in the Danube Delta. The film has been added to the Locarno Film Festival's international competition, where it will have its world […]
The Romanian team won one gold medal, four silver medals, and two special prizes at the 2025 International Physics Olympiad (IPhO), held in Paris, France, between July 17 and 25. Among the Romanian medalists, Ionuț Gabriel Stan from the International Theoretical High School of Informatics in Bucharest won the gold medal. He also received two […]
Banca Transilvania, listed on the Bucharest Stock Exchange (BVB) since 1997 and the largest bank in Romania by assets, listed its first issue of sustainability bonds in RON, amounting to RON 1.5 billion (EUR 295 million), on the BVB. The bonds, listed under the ticker TLV32, mark a record on the Romanian banking market. The […]
The Romanian Government issued on Thursday, July 24, a decision concerning the methodological norms regulating the hiking trails of national interest. The normative act completes the legal framework for the certification, development and administration of these trails. “Romania has incredible places,...
