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BRD Allots RON140M For SME Funding Through Partnership With European Investment Fund
Banks-Insurance

BRD Allots RON140M For SME Funding Through Partnership With European Investment Fund

BRD Groupe Société Générale is providing its SME (small and medium-sized enterprises) customers with loans needed to finance their working capital and investment projects, based on a partner...

Ecaterina Craciun · 23.08.2017 · 14:34 · 1 min
Central Bank Says No Cause for Concern Over Bank Deposits
Banks-Insurance

Central Bank Says No Cause for Concern Over Bank Deposits

Romania's central bank said Tuesday there is no cause for concern regarding deposits in Romanian banks after the prime minister threatened to name banks that did not report profit and where...

Oana Gavrila · 22.08.2017 · 15:19 · 1 min
Banca Transilvania, Eximbank Sign SME Funding Agreement With RON40M Guarantee Cap
Banks-Insurance

Banca Transilvania, Eximbank Sign SME Funding Agreement With RON40M Guarantee Cap

Banca Transilvania and EximBank have signed an agreement for a guarantee ceiling of RON40 million for the funding of small and medium-sized companies.

Oana Gavrila · 06.07.2017 · 13:18 · 1 min
Bancpost, Eximbank Sign SME Funding Agreement With RON20M Guarantee Cap
Banks-Insurance

Bancpost, Eximbank Sign SME Funding Agreement With RON20M Guarantee Cap

Small and medium-sized companies with insufficient assets to cover guarantees may get loans from Bancpost, under a guarantee cap of RON20 million, following an agreement between the lender a...

Oana Gavrila · 04.07.2017 · 11:37 · 1 min
Over 3,700 SMEs To Access Loans From EUR400M Funds Allotted To Local Banks By EIB And EIF
Banks-Insurance

Over 3,700 SMEs To Access Loans From EUR400M Funds Allotted To Local Banks By EIB And EIF

Some 3,700 small and medium-sized companies (SMEs) will be able to access loans for new investments and working capital from funds worth EUR400 million allocated to banks in Romania by the E...

Ecaterina Craciun · 21.06.2017 · 18:31 · 1 min
Central Bank Governor Urges Banks to Restart Lending
Banks-Insurance

Central Bank Governor Urges Banks to Restart Lending

Romanian central bank governor Mugur Isarescu on Monday urged banks to regain their clients' confidence and restart lending, warning a high number of litigations would force them to raise th...

Oana Gavrila · 22.05.2017 · 12:20 · 1 min
Comvex Gets EUR33M Loan from Raiffeisen and EximBank
Banks-Insurance

Comvex Gets EUR33M Loan from Raiffeisen and EximBank

Romanian harbor operator Comvex Constanta (CMVX.RO) took a EUR33.6 million loan from Raiffeisen Bank and EximBank Romania at the end of last week to finance a grain terminal project in Const...

Oana Gavrila · 22.05.2017 · 11:35 · 1 min
Over 4,300 SMEs In Romania Can Access EUR246M Based On Agreements Signed In Brussels
Companies

Over 4,300 SMEs In Romania Can Access EUR246M Based On Agreements Signed In Brussels

Over 4,300 small and medium-sized enterprises (SMEs), micro-enterprises and start-ups in Romania will get easier access to financing based on three agreements signed on Wednesday, by the Eur...

Ecaterina Craciun · 17.05.2017 · 12:37 · 1 min
Banks In Romania Had Mortgage Loans Of RON26.8B In Their Balance Sheets End-September
Banks-Insurance

Banks In Romania Had Mortgage Loans Of RON26.8B In Their Balance Sheets End-September

Banks in Romania registered mortgage loans of RON26.8 billion (EUR6 billion) in their balance sheets at the end of September 2016, higher by RON600 million compared with the previous month a...

Ecaterina Craciun · 31.10.2016 · 13:07 · 1 min