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CEC Bank

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CEC Bank Lends EUR15M to AAylex One
Banks-Insurance

CEC Bank Lends EUR15M to AAylex One

CEC Bank has provided a EUR15 million line of credit to finance the ongoing operations of AAylex One, the company behind the Cocorico poultry brand.

Loredana Frățilă-Cristescu · 18.08.2022 · 12:11 · 1 min
Romgaz Makes RON70M Term Deposit With CEC Bank
Banks-Insurance

Romgaz Makes RON70M Term Deposit With CEC Bank

Romanian natural gas producer and supplier Romgaz (SNG.RO) on Monday (Aug 1) said in a stock market report that it placed with state-run lender CEC BANK a term deposit in the amount of RON70...

Ecaterina Craciun · 01.08.2022 · 16:18 · 1 min
Nuclearelectrica Makes Nearly RON400M Term Deposit With CEC Bank
Energy

Nuclearelectrica Makes Nearly RON400M 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 RON393.35 million, the company informed its shareholders and investors...

Ecaterina Craciun · 23.06.2022 · 16:24 · 1 min
CEC Bank Lends EUR5M To RAAL Bistrita To Back Its Current Activity
Banks-Insurance

CEC Bank Lends EUR5M To RAAL Bistrita To Back Its Current Activity

Romania's state-owned lender CEC Bank has recently granted a loan of EUR5M to cooling systems manufacturer RAAL Bistrita to support the company’s current activity.

Ecaterina Craciun · 22.06.2022 · 16:36 · 1 min
CEC Bank Posts RON54.2M Net Profit in Q1
Banks-Insurance

CEC Bank Posts RON54.2M Net Profit in Q1

CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago period, higher than the overall banking system’...

Loredana Frățilă-Cristescu · 20.05.2022 · 14:29 · 1 min
CEC Bank Becomes Primary Dealer On Government Securities Market
Banks-Insurance

CEC Bank Becomes Primary Dealer On Government Securities Market

Romania's state-owned lender CEC Bank becomes primary dealer on the government securities market, starting May 2, thus joining the other seven primary dealers.

Ecaterina Craciun · 03.05.2022 · 14:41 · 1 min
Fitch Rates Romania’s CEC Bank ‘BB’; Outlook Stable
Banks-Insurance

Fitch Rates Romania’s CEC Bank ‘BB’; Outlook Stable

Fitch Ratings has assigned Romania-based CEC Bank S.A. (CEC) a Long-Term Issuer Default Rating (IDR) of ‘BB’ with Stable Outlook, Viability Rating (VR) of ‘bb’ and Government Support Rating...

Ecaterina Craciun · 09.03.2022 · 11:23 · 1 min
CEC Bank Net Profit Up 5% YoY To RON355M In 2021
Banks-Insurance

CEC Bank Net Profit Up 5% YoY To RON355M In 2021

Romanian state-owned lender CEC Bank ended 2021 with an estimated (unaudited) net profit of RON355 million, higher than RON337.7 million reported in 2020, in parallel with a 22.7% increase i...

Ecaterina Craciun · 14.02.2022 · 16:52 · 1 min
Nuclearelectrica Deposits RON52.5M with CEC Bank
Capital Market

Nuclearelectrica Deposits RON52.5M with CEC Bank

Nuclear power producer Nuclearelectrica (SNN.RO) on Friday notified shareholders and investors that based on the order to open a negotiated interest deposit, the company placed a RON52.5 mil...

Loredana Frățilă-Cristescu · 21.01.2022 · 19:12 · 1 min