FINANCING
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Agriculture Ministry Plans To Cover Exchange Rate Differences For Farmers
Romania’s Ministry of Agriculture is looking at ways to cover the exchange rate difference for farmers who acquire equipment and machinery in euros under the country’s government program for...
UniCredit Leasing Granted Financing Of EUR274M In 2012, Up 6% On Year
Romania’s UniCredit Leasing Corporation said Wednesday it granted new financing worth EUR274.7 million in 2012, up 6% on the year.
Financing Through “First Home” Program Reaches EUR3.18B
Financing granted through the state-supported “First Home” program has reached EUR3.18 billion and the default rate is currently 0.1%, according to the National Fund Guaranteeing Loans for S...
Romania Gets EU Financing Of RON14.2M To Help Transport Ministry Develop Strategies
The European Union is providing funds worth 14.2 million lei (EUR3.2 million) for a project meant to boost the Romanian Transport Ministry’s capacity to elaborate a general strategy in the s...
Volksbank Seeks Local Financing To Rebalance Loan To Deposit Ratio Within 3 Years
Volksbank, which has been through a tough restructuring in the past few years, now wants to increase its number of clients and attract more deposits, and is preparing to open new branches.
Garanti Leasing Estimates To Grant Financing Of RON10M This Year
Garanti Leasing, part of Garanti Romania, is launching its first financing line in lei for vehicles, equipment and real estate, and estimates to give loans of 10 million lei (EUR2.27 million...
Health Ministry: 80% Of Romanians Can’t Afford Private Medical Services
Only 20% of Romanians can afford to use private medical services and the chances of people on low income to receive quality public healthcare will diminish if money from the National Health...
Raiffeisen Bank Lends EUR30M To AFI Europe To Complete Ploiesti Shopping Center Project
Shopping center developer AFI Europe said Tuesday it obtained financing of over EUR30 million from Raiffeisen Bank International Group to complete a shopping center project in Ploiesti, sout...
Realty Projects Of EUR300M To Be Developed With Investors’ Money, On Lack Of Financing
The lack of financing will remain the main challenge on the real estate market in 2013 and the bulk of realty projects worth over EUR300 million will be developed exclusively from investors’...