CEC
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CEC Bank 2012 Net Profit Falls To RON37M On Higher Provisions
Romanian state-owned lender CEC Bank Monday said its net profit fell to 37 million lei (EUR8.5 million) in 2012, from RON67.4 million a year earlier, on higher provisioning for bad loans.
CEC Bank Lending Rises 6.7% To RON11.2B In 8 Months
Romanian state-owned lender CEC Bank Tuesday said its loan portfolio was up 6.7% to 11.2 billion lei (EUR2.5 billion) at the end of August, from RON10.5 billion in December last year.
CEC Bank Ups First Home Guarantee Ceiling By EUR11.5M
Romanian state-owned lender CEC Bank increased by EUR11.5 million the guarantee ceiling for the state supported “First Home” program this year, after the bank exhausted the amount initially...
CEC Bank Net Profit Rises 27% To RON67.4M In 2011
Romanian state-owned lender CEC Bank Tuesday reported a 26.6% increase in its net profit to 67.4 million lei (roughly EUR15.2 million) in 2011, on higher revenue from lending.
CEC Bank Granted Farmers Over 10,000 Loans Worth EUR20M In 2012
Romania’s state-owned lender CEC Bank granted farmers 10,294 loans worth nearly EUR20 million in the first three months of 2012, CEC Bank president Radu Ghetea said Friday at the conference...
RCS&RDS Gets EUR200M Syndicated Loan From BCR, CEC, Credit Suisse
Romanian internet and telecom operator RCS&RDS has taken out a EUR200 million syndicated loan from Banca Comerciala Romana (BCR), CEC Bank and Switzerland’s Credit Suisse.
CEC Attacks The Market Of Leu-Denominated Mortgage Loans With 5.97% Interest
State-held CEC Bank is selling until January 15 2012 leu-denominated mortgage loans with a fixed interest of 5.97% in the first year, after which it charges a margin of just 1.75 percent abo...
RCS&RDS About To Take EUR300 Million Loan
Telecom operator RCS&RDS, controlled by businessman Zoltan Teszari, is in talks with a group of banks over a EUR300 million loan. The five-year loan will be used to settle maturing debt.
Top Ten Romanian Banks After 1H
The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are see...