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Romania sees economic boost as banks report increased profits and secure loans for green initiatives.
In Q1 2025, Italy's UniCredit Group and Intesa Sanpaolo Group reported net profits of EUR2.8 billion and EUR2.6 billion, up 8.3% and 14% year-over-year, reflecting strong economic growth in Romania.
Garanti BBVA Romania secured a EUR50 million loan from the European Bank for Reconstruction and Development to boost green lending.
Meanwhile, Romania's Finance Ministry raised RON540 million from banks on May 12, selling government bonds at an 8.45% yield.
S&P Global has warned of potential credit rating cuts due to political instability.
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Rumania ve un impulso económico a medida que los bancos informan de un aumento de las ganancias y de la obtención de préstamos para iniciativas verdes.