FINANCING
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BRD Sogelease Financing Doubles To EUR73M In 1H/2016
BRD Sogelease, the leasing subsidiary of Romanian lender BRD - Groupe Societe Generale, granted financing of EUR73.6 million in the first six months of 2016, double versus the year-earlier p...
CEC Bank And BT Selected As Partners In Implementing Program For SMEs And Startup Firms
Romanian lenders CEC Bank and Banca Transilvania were selected by the Economy Ministry as partners in implementing the program aimed at stimulating the setting up and development of micro-en...
BCR Leasing Financing Up 46% To EUR119M In 1H/2016
BCR Leasing, the third largest player on the financial leasing market, granted financing of EUR119 million in the first half of 2016, up 46% from the year-earlier period.
EC OKs EUR440M Financing For Upgrade Of Apata-Cata Railway Segment
European Commission approved the EUR440M financing request of Romania's state-owned railway operator CFR SA for the upgrade of railway segment Apata - Cata, an important part of the project...
EC Approves Financing For Bucharest Metro Line 5 In Two Tranches
European Commission has approved the modifying of Bucharest Metro Line 5 project, “Raul Doamnei – Eroilor section, including Valea Ialomitei”, by rescheduling the financing for the EUR480 mi...
BCR Granted Financing Of Over RON5B For Local Infrastructure Projects
Romania's largest bank Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank (EBS.RO), granted financing of over RON5 billion, between 2005 and 2015, for infrastructure project...
Romanian Consumer Lending Companies Granted EUR663M Financing In January-March, Up 33%
Non-banking financial institutions members of the ALB Romania association, which make up for 80% of the local consumer lending market, granted financing of EUR663 million in the first three...
OTP Gets EUR25M From EIB To Fund SMEs
OTP, a mid-sized player in the banking sector, controlled by Hungary’s largest financial group OTP, got a financing line of EUR25 million from the European Investment Bank (EIB), which will...
ProCredit Gets EUR250M From EIF To Finance Companies In Seven Countries, Including Romania
German group ProCredit will get EUR250 million from the European Investment Fund (EIF) to provide finance to innovative companies via its banks in seven countries, including Romania, as part...