IFC
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TTS Buys Back 10% From IFC
Transportation and logistics company Transport Trade Services (TTS), controlled by Romanian entrepreneur Mircea Mihailescu, bought back the 10% stake World Bank’s investment arm Internationa...
Garanti Bank, Garanti Leasing Sign EUR32M Loan Agreements With IFC; Support Female Entrepreneurship
Garanti Bank and Garanti Leasing have signed two lending agreements worth EUR32 million with IFC (International Finance Corporation), member of the World Bank Group, in order to fund Romania...
UniCredit Leasing Gets RON150M Loan from IFC to Support SMEs
IFC, a member of the World Bank Group, has provided a RON150 million (around $38.5 million equivalent) loan to UniCredit Leasing to help finance small and medium enterprises (SMEs) grow thei...
IFC Report: Companies Offering Childcare Benefits Find Economic Gains
Companies around the world that offer childcare services for their employees found that the benefit had a significant positive impact on their businesses, improving recruitment, retention, a...
IFC Issues First Leu-Denominated Bond, Of RON70M, To Back Financing Of Romanian Private Sector
The International Finance Corporation (IFC), a member of the World Bank Group, has issued a 70 million Romanian Lei (RON) bond-equivalent to approximately $17 million-as a private placement.
Agricover Credit Gets RON70M IFC Loan to Fund Small and Medium-Sized Farming
IFC, a member of the World Bank Group, has provided a RON70 million loan to Agricover Credit IFN, the lending division of Agricover Holding, to fund small and medium-sized farming operations...
IFC And Kruk Buy NPLs Worth EUR600M From Bancpost And Other Eurobank Subsidiaries
IFC, a member of the World Bank Group, and KRUK, a leading debt collection company in Central and Eastern Europe, have agreed to purchase a portfolio of non-performing loans (NPLs) from Banc...
IFC Invested $450M In Romanian Financial Sector Between 2008-2015
International Finance Corporation (IFC), a member of the World Bank Group, has invested a total $450 million in projects in the Romanian financial sector between 2008-2015, representing half...
International Finance Corporation Extends Credit Line To Bancpost
International Finance Corporation (IFC), a member of the World Bank Group, has extended by $20 million a credit line to lender Bancpost, in order to channel additional financing to the bank’...