GUARANTEES
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Romanian State To Guarantee 50% Of Loans Of Up To RON5M To SMEs
Small and medium-sized businesses will be able to access credit lines for working capital of up to RON5 million for a two-year period that will be 50% guaranteed by the state, under a propos...
Romanian Bank Deposit Guarantee Fund Had RON3.6B End-July, 2.4% Of Guaranteed Deposits
The Deposit Guarantee Fund for Romania’s banking system had RON3.63 billion available at the end of July, covering 2.4% of guaranteed deposits at the end of the first half of the year, above...
Romania Might Raise Funds For 2013 First Home Program By Extra RON200M
Romania’s government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by extra 200 million lei (EUR45.2 million) for the acquisitions...
"First Home" Program To Continue Next Year With Unused 2012 State Guarantees
The Romanian state supported “First Home” program will continue next with the state guarantees that were not used in 2012, according to a decision approved by the Government Tuesday.
Prospectiuni Mulls Taking Up To EUR6.5M Loan From Eximbank
Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Thursday announced it will discuss in stockholders’ meeting October 10 on taking a loan of up to EUR6.5 million from Eximbank...
SME Loan Guarantee Fund Granted Guarantees Of EUR162M In 1Q
The National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) offered 2,400 guarantees in the first quarter of 2012, which amounted to EUR162 million, up 60% compared with...
First Home IV Program Issued 4,170 Loan Guarantees, For EUR160M
Romanian Prime Minister Emil Boc said Friday that 4,173 loan guarantees, worth a total EUR160 million, have been granted so far through the "First Home 4" program, including EUR80 million fr...
If Necessary, BNR Could Use Greek Banks' Properties As Loan Guarantees
The Romanian central bank, or BNR, has tools to intervene if crisis scenarios prompted by the situation in Greece become a reality on the Romanian banking market, starting from the bilateral...
Romania Cuts Government Guarantees Cap To RON10B In 2012
Romania may issue government guarantees in the limit of 10 billion lei (EUR2.45 billion) in 2012, down from a RON14 billion cap agreed with the International Monetary Fund for this year.