CEC
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Nuclearelectrica Buys EUR45M Worth Of CEC Bank Bonds
Nuclear power producer Nuclearelectrica (SNN.RO) has notified shareholders that on November 16, 2023, it bought some EUR45 million of CEC Bank bonds. The annual yield is 7.75%, it said in a report to the Bucharest Stock Exchange.
CEC Bank Climbs To 4th Place Among Lenders in Romania
CEC Bank, a lender held by the Romanian government via the Finance Ministry, climbed to 4th place in the ranking of the largest banks in Romania by assets at the end of the first half of 202...
Norofert Gets RON5M Loan From CEC Bank
Romanian producer of organic farming inputs Norofert (NRF.RO) has notified shareholders about taking out a RON5 million loan from CEC Bank to use for working capital, a report to the Buchare...
CEC Bank Posts RON110.8M Net Profit in H1
Romanian state-owned lender CEC Bank posted RON110.8 million unaudited estimated profit in the first half of 2022, compared with RON208 million in the year-ago period, while assets increased...
CEC Bank Appoints Mirela Calugareanu as Board Chairwoman
State-owned lender CEC Bank has appointed Mirela Calugareanu, a non-executive member of the board of directors since 2017, to the position of board chairwoman.
CEC Bank Granted Over 1,300 Loans From External Financing Sources
Romanian lender CEC Bank granted over 1,300 loans from external financing sources, worth over RON700 million, of which nearly 80% targeted small and medium-sized enterprises (SMEs).
CEC Bank Sold RON200m Worth Of NPLs To Kruk In Late 2014
CEC Bank, the only top ten bank still state-owned, sold almost 200 million lei (EUR45 million) worth of non-performing loans to debt collector Kruk at the end of last year, market sources sa...
CEC Bank’s 2014 Profit Four Times Lower To RON13.8M
Romanian state-owned lender CEC Bank on Tuesday said it registered a pretax profit of RON13.8 million in 2014, four times lower than RON56.2 million in 2013, while the balance of loans rose...
Ghetea: Most Difficult Moment Of My Career Was Announcing Romania’s Default
Radu Gratian Ghetea, who is due to retire from his position as CEC Bank president after eight years, says the most difficult moment of his entire 43-year career in the banking sector was the...