GUARANTEES
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New Home 2025 Scheme Becomes Operational
The New Home 2025 program has become operational, with the RON500 million guarantee ceiling approved by the Finance Ministry being allocated to the 13 participating banks.
European Investment Fund Signs Agreements with Seven Local Banks for Total Guarantees of almost EUR500M for SME Funding
The European Investment Fund (EIF) has sealed agreements with UniCredit Bank, Alpha Bank, Libra Internet Bank, BRD Groupe Société Générale, Patria Bank, Intesa Sanpaolo Bank and Garanti BBVA...
European Investment Fund To Provide EUR8.4M To BT Mic To Guarantee EUR100M Loans
The European Investment Fund (EIF) will provide EUR8.4 million (RON42 million) in guarantees for microfinancing operations worth RON500 million (EUR100 million) carried out by BT Mic, the mi...
Romania SME Guarantee Fund Reports Record Profit, Of RON102M, For 2021
Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON102.65 million in 2021, nearly 23% above the targeted level afte...
First Home Program Could Get Guarantees Worth RON2.5B In 2017
This year's government-guaranteed mortgage lending First Home program would have a guarantee budget of RON2.5 billion, down by RON440 million compared with 2016, according to a draft governm...
Romania May Boost Guarantee Ceiling For First Home Program By RON500M
Romania’s Finance Ministry has proposed supplementing by RON500 million the guarantee ceiling for the government-guaranteed mortgage lending First Home program.
BCR Gets Additional RON88.6M Guarantees For First Home Loan Program
Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), got additional guarantees of RON88.6 million for the government-backed mortgage lending First Home program, allowin...
Romania May Boost Guarantee Ceiling For First Home Program By RON500M
Romania’s Finance Ministry has proposed supplementing by RON500 million the guarantee ceiling for this year’s government-guaranteed mortgage lending First Home program, in response to the re...
EximBank Has A RON200M Guarantee Ceiling For Banks Financing SMEs
Commercial banks will benefit from a guarantee ceiling of RON200 million from Romania's state-owned EximBank to finance SMEs, based on an agreement involving state guarantees for investment...