BANK LOANS
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Argus Constanta Shareholders Approve Contracting Bank Loans Of RON220M Tops For Working Capital
Shareholders of vegetable oil producer Argus Constanta (UARG.RO), held by SIF Oltenia, approved at their general meeting of August 8 the contracting by the company of bank loans in a maximum amount of RON220 million for the working capital, as per a stock mark...
EY: Number Of Eurozone Businesses And Households Unable To Repay Their Bank Loans Set To Rise
The number of eurozone businesses and households unable to make repayments on their bank loans is set to rise, according to the first EY European Bank Lending Economic Forecast.
Consumer Protection Fines Bancpost for Unfair Practices
Romania's consumer protection authority has fined lender Bancpost RON150,000 for unfair practices and affecting the financial interests of consumers, the institution said in a press release...
Bank Loans in Lei Reach RON149.9B in May, Overdue Payments at RON5.1B
Total bank loans in lei in Romania reached RON149.9 billion in May and foreign currency loans reached the equivalent of RON83.2 billion, while overdue payments on loans reached RON5.1 billio...
Credit Cards Lose Spotlight To Refinancing
Credit cards, aggressively promoted by banks over the past two years, have been moved to the sidelines by bankers, who now are now relying on clients’ appetite for consumer loans or refinanc...