CEC Bank
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CEC Bank And Investment And Development Bank Expand SME Financing
CEC Bank and the Investment and Development Bank (BID — Banca de Investiții și Dezvoltare) have expanded their partnership to broaden access to financing for small and medium-sized enterprises (SMEs) in Romania
CEC Bank Co-Finances Construction of EUR45M Vegetable Oil Plant in Mihai Viteazu, Cluj County
CEC Bank is co-funding the construction of a EUR45 million vegetable oil plant in Mihai Viteazu, Cluj county, a project carried out by Cooperativa Agricola Podisul Transilvaniei, made up of...
CEC Bank Rakes In almost RON418M Net Profit in H1/2026, Up 38% YOY
CEC Bank in the first half of this year generated RON418.4 million net profit at bank level, up 37.6%.
CEC Bank and Exim Banca Romaneasca Finance CET Titan Construction with RON289M
CEC Bank and Exim Banca Romaneasca have signed a financing agreement of around RON289 million for the development of CET Titan, the first combined heat and power plant built from scratch in...
Survey. Romanians Prefer Local Destinations And Short Stays To Spend Their Holidays
Most Romanians choose to spend their holidays in the country, opt for stays of three to four days and prefer to organize their trips independently rather than resort to travel agencies, acco...
Fitch Upgrades CEC Bank’s Long-Term Issuer Default Rating From ‘BB’ To ‘BB+’, Stable Outlook
Fitch has upgraded the long-term issuer default rating of Romania’s CEC Bank from ‘BB’ to ‘BB+’, with a stable outlook. It also assigned long- and short-term deposit ratings at 'BBB-' and 'F...
Filip & Company Assisted Veranda Obor in Getting EUR36M Funding from CEC Bank
Law firm Filip & Company has legally assisted Veranda Obor S.A., the company that owns shopping center Veranda Mall, in getting EUR36 million funding from CEC Bank.
Veranda Mall Gets EUR36M Loan From CEC Bank
CEC Bank has granted EUR36 million in financing to Veranda Obor SA, the owner of Veranda Mall, which will be used to refinance existing exposure, support the project’s development plans and,...
Romgaz Makes RON400M Deposit with BRD SocGen, RON50M Deposit with CEC Bank
Natural gas producer and supplier Romgaz, a state-owned company, has announced it concluded with BRD SocGen two term deposits, the first worth RON100 million, maturing on February 17, and th...