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EBRD Grants New Loan Of EUR5M To Agricover Credit IFN
The European Bank for Reconstruction and Development (EBRD) is providing the Romanian lei equivalent of EUR5 million to Agricover Credit IFN, a firm that finances the agricultural sector in...
EIB Lends EUR12M To Alba County For Extension, Modernization Of Water Supply And Sanitation Services
The European Investment Bank (EIB) is lending EUR12 million to the Alba County Regional Water Company to finance, in conjunction with Cohesion Policy funds, upgrades in drinking water supply...
Banks’ Margin for Loans to Consumers in Romania Still High at 6%-7% in 2018
Local banks had a high lending margin (the difference between the interest on new loans and on leu deposits) for retail customers of 6% to 7% in 2018.
Garanti Bank, IFC Sign EUR55M Loan Agreement to Support SMEs, Energy Efficiency in Romania
Lender Garanti Bank on Tuesday signed a loan agreement for EUR55 million with International Finance Corporation (IFC), a member of the World Bank Group, for the funding of small and medium s...
Transgaz Gets EUR100M EIB Financing For Tuzla-Podisor Pipeline
The European Investment Bank (EIB) is lending EUR100 million to Romania's gas transmission company Transgaz to finance a pipeline that will link Romania’s natural gas resources on the Black...
EIB Grants EUR22.3M Loan To Garanti Bank Romania To Support Local SMEs
The European Investment Bank (EIB) is lending EUR22.3 million to Garanti Bank Romania to support businesses in Romania. EUR5 million of the loan amount is devoted to female entrepreneurs, ma...
Dendrio Solutions, Held By Bittnet Systems, Gets RON1M Loan From Banca Transilvania
Dendrio Solutions, held by IT training services provider Bittnet Systems (BNET.RO), has contracted a loan of RON1 million from lender Banca Transilvania, with a maturity of 15 months.
Alpha Bank Gets EUR30M Loan From EFSE To Fund SMEs
Alpha Bank has received a loan of EUR30 million from the European Fund for Southeast Europe (EFSE) in order to finance small and medium-sized enterprises in Romania.
Maschio Gaspardo Romania Increases EximBank Loan Amount To EUR16M From EUR2.6M
Italian-held farm machinery producer Maschio-Gaspardo Romania has increased the amount of a loan taken out from EximBank in 2017, to nearly EUR16 million from EUR2.6 million. The money will...