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EBRD Grants EUR20M Loan To Crédit Agricole Romania To Support SMEs
Banks-Insurance

EBRD Grants EUR20M Loan To Crédit Agricole Romania To Support SMEs

The European Bank for Reconstruction and Development (EBRD) on Wednesday said it is providing a loan of EUR20 million, in Romanian lei equivalent, to Credit Agricole Romania.

Ecaterina Craciun · 11.09.2019 · 13:21 · 1 min
Cocor Bucuresti Signs Lending Agreement With OTP Bank To Refinance EUR6.7M Loan
Companies

Cocor Bucuresti Signs Lending Agreement With OTP Bank To Refinance EUR6.7M Loan

Cocor Bucuresti (COCR.RO), which owns the Cocor shopping center in downtown Bucharest, has concluded a ten-year lending agreement with OTP Bank in order to refinance a loan worth EUR6.7 mill...

Ecaterina Craciun · 26.08.2019 · 14:48 · 1 min
Digi Gets New Syndicated Loan Facilities of Up To EUR250M for Investments
Technology &Telecoms

Digi Gets New Syndicated Loan Facilities of Up To EUR250M for Investments

Digi Communications (DIGI.RO) has concluded a syndicated multi-currency facility agreement consisting of two facilities in RON, EUR and HUF for EUR150 million, which may be increased up to E...

Oana Gavrila · 01.08.2019 · 11:22 · 1 min
European Investment Fund Grants RON10M Loan To Patria Credit IFN For Business Growth
Banks-Insurance

European Investment Fund Grants RON10M Loan To Patria Credit IFN For Business Growth

Patria Credit IFN has contracted a subordinated loan of RON10 million, over a ten-year period, from the European Investment Fund (EIF) in order to bolster its business growth plans.

Ecaterina Craciun · 10.07.2019 · 18:54 · 1 min
Romania’s Finance Ministry Has Borrowed Record High of EUR5B From International Markets This Year
Banks-Insurance

Romania’s Finance Ministry Has Borrowed Record High of EUR5B From International Markets This Year

The Finance Ministry on Tuesday borrowed EUR2 billion at its second round on the international financial markets this year, EUR1.4 billion maturing in 12 years and EUR600 million by reopenin...

Loredana Frățilă-Cristescu · 10.07.2019 · 09:00 · 1 min
Polytechnic University Of Bucharest Gets EUR25M EIB Loan For Construction Of New Building
Banks-Insurance

Polytechnic University Of Bucharest Gets EUR25M EIB Loan For Construction Of New Building

The European Investment Bank (EIB) has agreed to provide EUR25 million to increase the quality, efficiency and effectiveness of teaching, learning and research at the Polytechnic University...

Ecaterina Craciun · 09.07.2019 · 13:01 · 2 min
Laptaria Cu Caimac Dairy Plant: Banks Don’t Fund Long-Term Industrial Projects
Companies

Laptaria Cu Caimac Dairy Plant: Banks Don’t Fund Long-Term Industrial Projects

One of the obstacles hindering the progress of the food industry is bank funding, because banks do not grant loans for more than ten years, so those investing in production are unable to be...

Loredana Frățilă-Cristescu · 08.05.2019 · 00:00 · 1 min
Banca Transilvania, Victoriabank Grant First Cross-Border Syndicated Loan
Banks-Insurance

Banca Transilvania, Victoriabank Grant First Cross-Border Syndicated Loan

Romanian lender Banca Transilvania and Victoriabank granted their first Romania-Moldova cross-border syndicated loan, of EUR21 million, to shopping center Shopping MallDova, developed by Lem...

Oana Gavrila · 07.05.2019 · 14:49 · 1 min
TeraPlast Gets EUR5M From EBRD To Partially Fund Depaco’s New Metallic Tiles Plant
Companies

TeraPlast Gets EUR5M From EBRD To Partially Fund Depaco’s New Metallic Tiles Plant

Depaco, part of construction materials manufacturer TeraPLast Group, will built a new metallic tiles factory in Baicoi (Prahova County), and a part of the investment will be covered through...

Ecaterina Craciun · 05.04.2019 · 11:53 · 1 min