CEC
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CEC Bank Mulls Recovering Part Of Loan Granted To Green City Developer
Real estate compound Green City, developed by Green City Construct, controlled by businessman Dumitru Bucsaru, was put up for sale by its legal administrator, for EUR20 million, while CEC Ba...
CEC: EU-Funded Projects Should Be Implemented By September To Avoid Losing The Money
Beneficiaries of EU funds taken between 2008 and 2014 should integrally implement their projects by September 30 otherwise they lose the money, Ramona Ivan, head of the Department of Foreign...
BNR: CEC To Send Full List Of New Managing Directors
Romania’s central bank is waiting to receive a complete list with the new managing directors of CEB Bank before it can authorize any changes in the latter’s management structure, central ban...
CEC Bank’s Chief: Romanian Lending Showing Signs Of Recovery
Romanian lending is showing signs of recovery, with banks reporting increased demand for both business and consumer loans, CEC Bank’s president Radu Ghetea said Tuesday.
CEC Bank 2013 Profit Rises To RON39M; Assets Flat At RON27B
Romanian state-owned lender CEC Bank Tuesday said its net profit rose 5.4% to about 39 million lei (EUR8.78 million) in 2013, from RON37 million a year earlier.
Banca Transilvania, CEC Bank Refinance Mineral Water Producer Romaqua’s RON500M Loan
Romaqua, one of the largest Romanian-held companies in the fast moving consumer goods sector, is giving the lead to borrowing in lei, after refinancing an about 500 million lei (EUR112 milli...
Romanian-Controlled Banks Close To Extinction
Romanian-controlled banks are on their way to extinction, with multiple factors at play: the indiscriminate privatizations conducted in the previous decade amid pressure from external credit...
CEC Bank Takes EUR25M Loan From Council Of Europe Bank For SME Financing
Romanian state-run lender CEC Bank has secured a EUR25 million credit line from the Council of Europe Development Bank (CEB) to finance productive investment in the public and SME sectors, t...
CEC Bank Increases Share Capital To RON1.12B
Romanian state-owned lender CEC Bank has increased its share capital by 32.5 million lei (EUR7.14 million) to RON1.12 billion by capitalizing on its 2012 profits, the bank said in a statemen...