CEC Bank
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CEC Bank Posts RON274.2M Profit in Jan-Sept
Romanian state-owned lender CEC Bank reported a net profit of RON274.2 million for the first nine months of 2020, while its assets grew 14% since the beginning of the year, to RON37.5 billio...
CEC Bank Contracts EUR50M From European Investment Bank For SME, Midcap Financing
Romanian state-owned lender CEC Bank has concluded a new financing agreement, worth EUR50 million, with the European Investment Bank (EIB), through dedicated financing schemes for the econom...
ROMAERO Gets Second Bank Financing Worth A Total RON59M, In Less Than Three Months
Upon accessing Government Ordinance no.6/2019 on restructuring state budget debts, Romanian aircraft parts maker Romaero (RORX.RO) gets a second bank financing worth RON14 million, over a 36...
Romaero Shareholders OK RON59.9M Loan Contraction From CEC Bank
Shareholders of Romanian aircraft parts maker Romaero (RORX.RO) on Tuesday approved a decision to contract some credit facilities from lender CEC Bank within a maximum ceiling of RON59.9 mil...
CEC Bank Posts RON185M Net Profit, Total Assets Of Over RON36B YoY In 1H/2020
Romanian state-owned lender CEC Bank on Monday said it registered a net profit of RON184.4 million in the first half of 2020, accounting for nearly 49% of the profit reported in 2019, and it...
CEC Bank Announces EUR2.6M Investments In ATM, MFM Infrastructure Upgrades
Romanian state-owned lender CEC Bank, which has the most extended network in Romania, has announced the start of a multiannual program aimed at upgrading its automated teller machine (ATM) a...
CEC Bank Posts RON114M Profit in 1Q/2020, Up 26% on Year
Romanian state-owned lender CEC Bank said Thursday it recorded a net profit of RON114.1 million in the first quarter of 2020, 26% higher compared with the same period last year.
CEC Bank May Grant Loans Totaling RON2B under SME Support Program
Romanian state-owned lender CEC Bank said Tuesday it could grant loans totaling RON2 billion under the government-subsidized program for SMEs affected by the coronavirus pandemic, saying it...
CEC Bank Unveils Solution Enabling Clients To Access Several Banking Services Online
Romanian state-owned lender CEC Bank has recently integrated in its services portfolio a project developed by Deloitte Romania and FintechOS, which can be 100% accessed online and includes c...