Banking

Last month, loans to non-government sector granted by credit institutions in Romania increased 1.3 percent (1.0 percent in real terms) on a monthly basis to RON 413,220.0 million, central bank data showed. RON-denominated loans, representing 69.8 percent of total volume of loans to non-government sector, grew by 1.5 percent, whilst foreign currency-denominated loans, holding 30.2 percent of total loans to non-government sector,

Banca Transilvania (BT), Romania’s leading financial group, announced in a press statement on Sept. 25, 2024 that it sold EUR 700 million in bonds, while investor demand exceeded EUR 2.5 billion. This marks the second year running that BT has issued under the the Sustainable Finance Framework. Orders were submitted by almost 170 institutional investors, mostly international, i.e. 95%. The offer was