Banks-Insurance
tbi bank: Seven In Ten Romanians Wish To Contract A Personal Need Loan Of RON10,000 To RON30,000
Personal need loans remain among the most sought-after banking services, with almost 70% of Romanians saying they want this type of loan and over 60% saying they want a simpler and faster ap...
Banca Comerciala Romana Launches BCR Seed Starter To Invest In Local Tech Startups
Banca Comerciala Romana (BCR) has launched BCR Seed Starter, a fully owned subsidiary and the first corporate venture capital company (CVC) incorporated by a bank in Romania, aimed at invest...
INVL Renewable Energy Fund I Signs EUR25M Loan Agreement With Kommunalkredit Austria For Construction Of Solar Parks In Romania
INVL Renewable Energy Fund I, a fund that invests in renewable energy projects and is managed by INVL Asset Management, has signed an agreement with Kommunalkredit Austria AG for a EUR25 mil...
Libra Bank Calls Shareholders To Approve Over RON50M Share Capital Increase
Libra Internet Bank, a member of U.S. investment group New Century Holdings, has convened the Extraordinary General Meeting (EGM) of Shareholders for December 22, 2023, the company said in a...
Finance Ministry Raises RON406M From Banks On November 20
Romania's Finance Ministry raised RON757.6 million from banks on Monday (November 20), below the planned level of RON600 million, selling bonds due in April 2030, at an annual average yield...
Law Firm Dentons Advises CEC Bank On Raising Over EUR162M Via Tap Issue Of MREL Eligible Bonds
Global law firm Dentons has advised CEC Bank on raising over EUR162 million through a tap of its February 2028 senior non-preferred MREL (Minimum Requirement for Own Funds and Eligible Liabi...
EBRD Lends EUR15M To Romanian City Of Timisoara
The European Bank for Reconstruction and Development (EBRD) is providing an additional EUR15 million in financing to the city of Timisoara to co-finance, alongside the European Union (EU), t...
Nuclearelectrica Buys EUR45M Worth Of CEC Bank Bonds
Nuclear power producer Nuclearelectrica (SNN.RO) has notified shareholders that on November 16, 2023, it bought some EUR45 million of CEC Bank bonds. The annual yield is 7.75%, it said in a...
Vrancart Contracts EUR21.4M Credit Facility From ING Bank For Company's Growth
Corrugated cardboard maker Vrancart (VNC.RO) has contracted a credit facility of EUR21.4 million from ING Bank to support the company's growth.