UniCredit Bank has entered into a partnership with the Romanian Fintech Association (RoFintech), an organisation made up of companies founded by Romanian entrepreneurs that develop innovative technological solutions in the financial field in order to support its Romanian fintech members."The partnership with the Romanian Fintech Association follows two main directions. On the one hand, UniCredit Bank supports the Romanian fintech members of this organisation to develop faster and grow. On the other hand, by collaborating with fintech startups, banks can be one step ahead of customer changes and preferences, adapting their offers and services much faster," UniCredit Bank Retail Executive Vice President Antoaneta Curteanu is quoted as saying in a press statement released by the bank on Thursday.According to the chairman of the Romanian Fintech Association, Cosmin Cosma, this partnership is an important step towards the integration of fintech solutions in the traditional banking sector in Romania. "Collaborating with a renowned bank, such as UniCredit, gives our fintechs access to valuable resources and development opportunities, while strengthening Romania's position as a regional hub for financial innovation," said Cosma.By capitalising on digital opportunities, UniCredit Bank is said to offer fast and efficient solutions that anticipate and respond to the needs of its customers.The Romanian Fintech Association (RoFintech) is a non-profit organisation that supports and promotes the fintech industry in Romania, bringing together companies and professionals in the field in a collaborative framework for continuous development and innovation.Established in early 2020, RoFintech today has over 45 members and support partners and is actively involved in promoting partnerships between commercial banks, technology companies and authorities. RoFintech is also a founding member of the European Digital Finance Association (EDFA), which brings together Europe's most important fintech associations and hubs.
Romania has signed a major contract with France for the acquisition of Mistral portable short-range air defense missile systems. The agreement was concluded on Tuesday, November 25, between Romania’s Ministry of National Defense and France’s Ministry of the Armed Forces and Veterans, through their respective General Directorates for Armaments. The acquisition is valued at EUR […]
The European Parliament called on November 26 for EU-wide rules to strengthen the protection of minors online, recommending a minimum age of sixteen for accessing social networks, video-sharing platforms, and AI chatbots, according to a statement from the institution,
The government of Romania will be empowered to establish, ex officio or upon request, by Government Decision, an extended surveillance regime over local companies strongly affected by economic sanctions imposed by other states, according to the legislative project prepared by the government, given that the situation of the assets held by the Russian giant Lukoil […]
The European Commission (EC) will reportedly give Romania four more months to appoint permanent management under competitive procedures at 48 state-owned enterprises (SOEs) in the energy sector, after the Romanian government agreed to double the fine paid by the country and the penalties charged to those responsible (ministers) if the milestone set under the Resilience […]
The Romanian banks boasted in 2025 virtually the same record aggregated net profit as in 2024, namely RON 11.6 billion (EUR 2.3 billion, -0.6% y/y) in January-September and RON 6.2 billion (EUR 828 million, -0.3% y/y) in Q3 alone, according to data published by the National Bank of Romania. The non-performing loan (NPL) ratio has […]
The Romanian Parliament approved the National Defense Strategy on Wednesday, November 26, with 314 votes in favor, 43 against, and three abstentions, following a joint session attended by president Nicușor Dan. The document will guide national security policy for the 2025-2030 period. During the parliamentary debate, Ana Maria Gavrilă, leader of the opposition party POT, […]
