Finance | 6 June, 2025 at 9:03 AM
Growth of Romanian retail banking stands out in Europe
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
The European retail banking sector experienced a significant deceleration in income growth in 2024, dropping to 2.9% from 18% in 2023.
57% of Romanian consumers buy banking products online, nearly double that of 2020 (30%).
Nearly three-quarters (73%) of European bank customers have kept their primary account with the same financial institution for over five years.
In 2023 alone, Kearney identified 827 new zombie companies—outpacing the 534 that were “resurrected” by improving financial situations and the 127 that were delisted.
Kearney calls upon organisations and key industry bodies to activate change to build and sustain diversity and inclusion in the sector.
A striking 88 percent of respondents across the world said they were planning to increase their FDI in the next three years—up 6 percent from last year.
Power company Electrica has announced that its green bond issue worth €500 million will start trading on the Luxembourg Stock Exchange.
Romania's manufacturing faces mounting pressures from evolving technologies, labour market shifts, and sustainability demands.
Romanians spent over €3 billion on international travel in the first four months of 2025, a 15% increase compared to the same period in 2024.
Gebrüder Weiss Romania, the supplier of transport and logistics services, has announced the completion of a new photovoltaic system installation.
Haleon, the consumer health group, has announced the appointment of Wael Kaskas as General Manager for its Hungary, Romania, Czechia, and Slovakia cluster, effective July.