CEC Bank
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CEC Bank To Undergo Asset Quality Review As Of June 18
Romanian CEC bank’s chief Radu Ghetea said Tuesday that his institution will undergo an asset quality assessment based on the European methodology in view of joining the Single Supervisory M...
CEC Bank Head Says Finance Ministry Will Decide His Future
Romanian CEC Bank’s chief executive Radu Ghetea on Tuesday declined to comment about his possible replacement and said his future is in the hands of the Finance Ministry, the sole shareholde...
SMEs Got RON2M From CEC Bank To Fund Working Capital In Last 2 Months
CEC Bank granted loans worth approximately RON2 million in the last two months via the Program on Guaranteeing Loans for Small and Medium Enterprises and is currently checking up loans worth...
Ghetea, CEC Bank: Level Of NPLs In Agriculture Is Very Low
The level of non-performing loans (NPLs) in the agricultural sector is very low, Radu Gratian Ghetea, head of Romanian state-run lender CEC Bank said Tuesday.
CEC Bank Should Use Stock Market To Attract Capital, Says BRD
Romanian state-run lender CEC Bank should consider listing its shares on the Bucharest Stock Exchange or issuing corporate bonds as a means to attract extra funds and support the local econo...
Cinteza: BNR Hasn’t Received Notification Of A CEC Management Change
The management team of state-owned CEC Bank is unchanged at the moment and Romania’s central bank (BNR) has not received any notification from the Finance Ministry or the lender itself about...
Ponta Sacks CEC Bank’s Chief
Radu Ghetea will be dismissed as head of Romania’s state-run CEC Bank, Prime Minister Victor Ponta said Thursday.
SMEs Can Get RON520M From CEC Bank To Fund Working Capital
CEC Bank will benefit from state guarantees of up to RON260 million, allowing it to lend over RON520 million to small and medium-sized businesses seeking loans to fund their working capital,...
CEC Bank 2013 Pretax Profit Doubles To RON65M - Sources
Romanian state-run lender CEC Bank reported a pretax profit of some 65 million lei (EUR14.36 million) in 2013, almost double on the year, government sources said Wednesday.