Banks-Insurance
Iulius Group Gets EUR410M Loan For Investments In Romania
Iulius Group, a real estate developer held by Iulian Dascalu, together with partners Atterbury Europe, have signed a EUR410 million financing agreement to support investments in Iulius Mall...
Schwarz Group Gets EUR100M EBRD Loan To Fund Expansion Of Kaufland Hypermarkets In Romania, Moldova
Germany’s Schwarz Group has contracted a loan of EUR100 million from the European Bank of Reconstruction and Development (EBRD) to fund the expansion of operations of its Kaufland hypermarke...
IFC’s Investment In Romania’s First Sustainability Bond Promotes Financial Inclusion
Romania’s first sustainability bond will help promote both climate and social financing, with IFC investing $42 million equivalent to strengthen the financial sector and promote financial in...
Fondul Proprietatea Selects Investment Banks For Hidroelectrica IPO
Franklin Templeton International Services S.À R.L., in its capacity as Alternative Investment Fund Manager and sole director of the Fund Fondul Proprietatea, announced that the Fund and stat...
EIB Lends EUR20M To Targu Mures University For Infrastructure Upgrades
The European Investment Bank (EIB) will provide EUR20 million financing to George Emil Palade University of Medicine, Pharmacy, Science and Technology of Targu Mures for the refurbishment an...
Three-Month ROBOR Ends Sept 5-9 Week At 7.92% A Year
Romania’s three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei taken out before May 2019, ends the September 5-9 week at...
OTP Group Launches Fifth Edition Of Startup Booster Program; To Cooperate With 12 Tech Startups
OTP Group has launched the fifth edition of the Startup Booster program and will collaborate with 12 technology startups that will test their products and services within the subsidiary bank...
Raiffeisen Bank Launches factory GROW Program Enabling SMEs To Take Out Loans Up To EUR500,000
Raiffeisen Bank is launching factory GROW, a personalized business scaling model based on which entrepreneurs (small and medium-sized enterprises- SMEs) may obtain loans up to EUR500,000 in...
123Credit.ro Platform Raises EUR3M Via Private Equity Fund Omnia Capital In Second Funding Round
The 123Credit.ro platform, which eases the access to personal, consumer and mortgage loans and was launched in early 2022, has raised EUR3 million through private equity fund Omnia Capital,...