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Reff & Asociatii Assists Speedwell In Refinancing EUR12M Loan Granted By BRD For Record Park Offices Project
Law firm Reff & Asociatii, member of the Deloitte Legal global network, has provided legal assistance to Belgian-held real estate developer Speedwell in refinancing the loan granted by BRD G...
Patria Bank’s Net Profit Rises 27% to RON6.05M in H1
Patria Bank (PBK.RO), a lender 83.2% held by Emerging Europe Accession Fund, posted RON6.05 million net profit in the first half, an increase of 27% on the year-ago period.
BRD, Garanti BBVA Romania Lend EUR120M To NE Property BV, Part Of NEPI Rockcastle Group
BRD Groupe Societe Generale and Garanti BBVA Romania have granted a loan of EUR120 million to the company NE Property BV, entirely held by NEPI Rockcastle.
Garanti BBVA Leasing, IFC Sign EUR10M Loan Agreement To Fund COVID-Hit SMEs
Garanti BBVA Leasing, part of Garanti BBVA Romania Group, on Tuesday signed a loan agreement for EUR10 million with International Finance Corporation (IFC), a member of the World Bank Group,...
One United Properties Gets EUR78M Loan From BCR, BRD, Erste Bank To Fund One Cotroceni Park Project
One United Properties, one of the most active developers of residential, office and mixed-use projects in capital Bucharest, announces the closing of an agreement of up to EUR78 million in o...
NEPI Rockcastle Gets EUR73.5M from IFC for Green Projects in Romania
IFC, a member of the World Bank group, has agreed to provide a EUR73.5 million loan to NE Property BV, a wholly-owned subsidiary of NEPI Rockcastle, the largest retail property owner in Cent...
New Corporate Loans in Lei Down Again in May
Banks in Romania granted about RON2.63 billion worth of new loans to companies in May 2021, almost 25% less than in April and RON2 billion or 43% less than in March.
Electrica Group Borrows EUR120M From EIB To Upgrade Electricity Distribution Networks
The European Investment Bank (EIB) on Thursday formally agreed a new EUR120 million loan with Distributie Energie Electrica Romania S.A. (DEER), the electricity distribution subsidiary of th...
EBRD Lends EUR40M To Distributie Energie Electrica Romania For Electricity Distribution Network Upgrades
The European Bank for Reconstruction and Development (EBRD) on Friday said it was providing a loan worth the Romanian lei equivalent of up to EUR40 million (USD47.3 million) to Distributie E...