Following approval from the National Bank of Romania, Banca Comerciala Carpatica Bank has started final proceedings for merging with Bucharest-based Patria Bank, with plans to retain the latter’s name after the merger.

Young Iasi-area orphanage residents recently gleaned tangible rewards for their writing efforts during the Antibiotics Foundation’s fourth annual “Science and soul” holiday campaign, receiving gifts from Santa and his elves, played enthusiastically by facility staff.

Bucharest-based Alpha Bank Romania S.A. recently announced its upgraded technology for wireless MasterCard credit card payment transactions in a new partnership with the MasterCard, headquartered in New York.

Thanks to an Addiko Bank donation of approximately $8,100, officially presented late last month by bank director and spokesperson Sanela Pasic, First Primary School Ilidza will now be able to install 347 book cabinets in its building.