CEC Bank
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CEC Bank Signs EUR105M Agreement With EIF To Fund SMEs Business Growth
Romanian state-run CEC Bank has signed a new agreement, of EUR105 million, with the European Investment Bank (EIB) to support small and medium-sized enterprises (SMEs) and mid-cap companies...
CEC Bank Launches New Product For Romanian Agriculture Sector
Romanian state-run CEC Bank is launching a new product for the local agriculture sector, namely, the loan with instant approval intended for cereal farmers.
CEC Bank Ends 1H/2023 with RON369.4M Net Profit, RON69M Assets, almost 30% Higher
CEC Bank ended the first half of this year with estimated, unaudited net profit of RON369.4 million, from RON110.8 million in 1H/2022, and assets worth RON69 million, up 29.4%.
CEC Bank Completes Takeover Of Rural Credit Guarantee Fund From BRD, BCR And Raiffeisen Bank
Romanian state-owned lender CEC Bank announced that it completed the acquisition of a 99.993% ownership stake in the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banc...
Agroserv Mariuta Takes Out EUR9.5M Loan from CEC Bank for Loan Refinancing
Agroserv Mariuta, a Romanian farming company that owns Laptaria cu Caimac brand, has contracted a EUR9.5 million loan from CEC Bank, structured on the medium and long term, for the refinanci...
Nuclearelectrica Makes RON287.5M Term Deposit With CEC Bank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON287.5 million, the company informed its shareholders and investors v...
Hidroelectrica Invests RON351M In CEC Bank Bonds
Romania’s largest electricity producer Hidroelectrica and also the most eagerly awaited listing on the Bucharest Stock Exchange invested about RON351 million in corporate bonds due on Decemb...
CEC Bank Ends 2022 With Audited Net Profit Of RON424M, Up 16% YoY
Romanian state-owned lender CEC Bank ended 2022 with an audited net profit of RON424.3 million, up 16% from 2021, and net interest income of RON1.54 billion, up 43% on the year.
Nuclearelectrica Makes RON108M Term Deposit With CEC Bank
Nuclear power producer Nuclearelectrica (SNN.RO) placed with state-run lender CEC BANK a term deposit in the amount of RON107.6 million, the company informed its shareholders and investors v...