BRD Groupe Societe Generale was designated "Bank of the Year in Romania" for the second consecutive year, during the ceremony organized on December 4, in London, by the British publication "The Banker", part of the "Financial Times" group.
Bank of Cyprus has completed the sale of a portfolio of NPLs and repossessed properties of Romania totally worth around EUR147 million to an entity part of APS group.
Law firm Filip & Company has provided legal assistance to lender Banca Transilvania in finalizing the transaction for the acquisition of Idea::Bank, Idea::Leasing and Idea::Broker de Asigurare in Romania from Poland’s Getin Holding Group.
Lender Banca Transilvania said in a stock market report on Friday (Oct 29) that it finalized the acquisition of the entire ownership stake held by Poland’s Getin Holding Group in Idea::Bank, Idea::Leasing and Idea::Broker de Asigurare.
eMAG, the leading online retailer in Romania, is launching an online lending service, jointly with lender Idea::Bank, in order to finance shopping.