CETELEM
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BNP Paribas Personal Finance’s Consumer Finance Unit Cetelem to Cease Operations in Romania
BNP Paribas Personal Finance announces the start of the steps to cease operations of its consumer finance unit, Cetelem, in Romania, after having failed to find a partner to continue in the country.
France’s BNP Paribas Seeks to Sell Cetelem Operations in Romania and Rest of Region
France’s BNP Paribas is interested in selling Cetelem's operations in the region, market sources say. It would like to sell the whole package to a single buyer, but in some cases, there is i...
Cetelem IFN SA Merges With BNP Paribas Personal Finance
Romanian consumer lending company Cetelem IFN SA has merged with BNP Paribas Personal Finance, its sole shareholder, and will be renamed. The company will continue commercial activities in R...
Cetelem Study: 32% Of Romanians Say Their Purchasing Power Fell In 2016
Romanians believe 2016 was stable in terms of purchasing power: 46% of respondents, higher by five percentage points than in 2015, said their purchasing power remained the same as in the pre...
Cetelem Romania Posts RON9.8M Pre-Tax Profit For 2011
Consumer lending company Cetelem Romania, owned by BNP Paribas, posted a pre-tax profit of 9.8 million lei (EUR2.2 million) under IFRS last year, and the number of loans granted increased 24...
Consumer Finance Company Cetelem Sales Up 25% In Nine Months
Cetelem, the largest consumer finance company on the market, controlled by French group BNP Paribas, sold 25% more new loans in the first nine months of 2011 compared with the corresponding...