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Blue Air Gets First Tranche of State-Guaranteed Rescue Loan
Blue Air, the biggest private Romanian airline, announced Monday it has received the first tranche of its state-guaranteed EUR300.7 million loan and was preparing for a complicated winter an...
Blue Air Gets RON300M Loan From Eximbank To Compensate Pandemic-Related Loss
State-owned Eximbank will grant a loan of RON300.8 million to low-cost private airline Blue Air to compensate for the losses directly caused by the coronavirus pandemic, through a government...
Mortgage Loans in Lei Rise to More Than RON1.2B YoY in August
Romanians borrowed more than 1.2 billion lei in mortgage loans from banks in August, the third highest level in the first eight months of 2020 and 3.6% more than in August 2019.
SIF Transilvania Gets RON40M Loan From Banca Transilvania To Pay Out Dividends
Romanian regional investment fund SIF Transilvania (SIF3.RO) has contracted a loan of RON40 million from lender Banca Transilvania, which will be used exclusively for the payment of dividend...
Transilvania Nuts Gets EUR2.3M Working Capital Loan From BRD Groupe Société Générale
Transilvania Nuts, a walnut kernel processor controlled by Levente Bara and Alexandru Chiric, has contracted a loan of EUR2.3 million from lender BRD Groupe Société Générale to cover the com...
New Mortgage Loans in Lei Up to RON1.29B in July
Romanians took out almost 1.29 billion worth of new mortgage loans in lei in July, the highest level in seven months, and also 5% higher than in July 2019.
AFI Europe Gets EUR170M Loan From Consortium Of Banks To Acquire NEPI’s Romanian Office Portfolio
AFI Europe Group has received a EUR170 million financing from a consortium of banks made up of Erste Bank Group, pbb Deutsche Pfandbriefbank and Banca Comerciala Romana with a view to acquir...
Bucharest, Cluj and Timis – Top Three Counties by Volume of Retail Loans
Bucharest, including Ilfov County, stands out with the highest stock of loans at the end of July 2020, some 53 billion lei, almost 7% more than in the year-ago period, Romania’s central bank...
Romaero Shareholders OK RON59.9M Loan Contraction From CEC Bank
Shareholders of Romanian aircraft parts maker Romaero (RORX.RO) on Tuesday approved a decision to contract some credit facilities from lender CEC Bank within a maximum ceiling of RON59.9 mil...