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.
The IMF projects that Romania's economy will grow by 1% in 2025 and 1.4% in 2026, according to a report released at the end of a mission in the country.
Despite significant market volatility, a new report by law firm CMS reveals that half of European dealmakers anticipate an increase in M&A activity over the next 12 months.
Romanian private healthcare operator MedLife has launched the new Institute of Orthopaedics, located within the MedLife Medici's Hospital in Timișoara.
PPC Energie, the electricity supplier with approximately three million customers, has announced its expansion into the retail sector, becoming the first energy company to...
Premier Restaurants Romania, the operator of McDonald's in Romania, has reached a new milestone with the opening of its 110th restaurant, reaching a total headcount of over 7,000.