CEC Bank
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CEC Bank Selected To Grant Loans Under Program Supporting Young Entrepreneurs
Romania’s Economy Ministry selected state-run lender CEC Bank to grant loans under a state-supported program aimed to help young entrepreneurs, which offers non-reimbursable financing of up...
CEC Bank Gets EUR45M EIB Loan To Finance SMEs
The European Investment Bank Wednesday said it will lend EUR45 million to Romanian state-run CEC Bank to finance projects of SMEs, mid-caps and public sector institutions in various economic...
UniCredit Tiriac CEO: Loan Rates Will Stay High Due To Weak Economy
Interest rates on leu-denominated loans will stay high due to weak economic performance, the head of UniCredit Tiriac Bank said Wednesday.
CEC Bank Interested in Buying Corporate Loan Portfolios
Romanian state-owned lender CEC Bank is interested in taking over credit portfolios sold by other institutions as the market share is important for a bank.
CEC Bank To Borrow EUR25M From CEB To Finance SME Projects
Romanian state-owned lender CEC Bank will borrow EUR25 million from the Council of Europe Development Bank (CEB) to finance investment projects developed by small and medium-sized enterprise...
Raiffeisen Becomes Romania's Most Profitable Bank In 2012
Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit.
CEC Bank Blasts Government Decision Blocking Share Capital Hike
The fact that state-owned Romanian lender CEC Bank is no longer allowed to increase its share capital from the profits of previous years is an error, Monday said the bank's president Radu Gh...
CEC Bank’s Head To Resume Capital Hike Procedures - Romanian FinMin
Romanian government have authorized the head of state-run CEC Bank to resume procedures for a capital increase at the bank, despite past opposition from the European Commission regarding the...
CEC Bank: A Quarter Of Restructured Loans Gone Bad Again
Romanian state-run lender CEC Bank Thursday said 25% of the distressed loans modified to give the companies more time to recover have gone bad again after three months.