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Romanians Made RON29B Deposits In Banks, Borrowed Only RON12B In 2017
Companies and consumers increased their savings in banks from 274 billion lei (EUR59 billion) at the end of 2016 to RON303 billion in 2017, while the loan volume was slower to rise, going fr...
Digi Communications N.V. Grants EUR10M Loan To RCS&RDS
Digi Communications N.V. has granted a loan of EUR10 million to RCS&RDS, the company it owns in Romania, according to an announcement on the Bucharest Stock Exchange, where RCS&RDS was liste...
Romania Mulls Borrowing EUR1B From EIB To Co-Fund Priority Projects In Transport Sector
Romania’s Government on Wednesday adopted a bill approving the framework financing agreement between Romania and the European Investment Bank (EIB), worth EUR1 billion.
EIB Lends EUR21M To Municipality Of Oradea For Modernization Of Urban Infrastructure
The European Investment Bank (EIB) is lending EUR21 million to the Municipality of Oradea to finance improvements to its urban infrastructure. EIB funds will also support investments targeti...
AFI Europe Gets EUR22M Loan from Bank Leumi To Fund AFI Tech Park Office Project
Property developer AFI Europe Romania has signed a loan agreement with Bank Leumi Romania for EUR22 million to develop the first stage of its AFI Tech Park office project in Bucharest, the c...
Forte Partners Gets EUR12M Loan From Banca Transilvania To Fund Residential Project
Real estate developer Forte Partners has borrowed EUR12 million from Banca Transilvania to develop its Aviatiei Park residential project in northern Bucharest.
Patria Bank Gets EUR2M Loan From Chairman Horia Manda
Patria Bank (PBK.RO), one of the small banks in Romania, last week announced its chairman of the board Horia Manda would grant it a EUR2 million subordinated-term loan, with a maturity of si...
Mortgage Lending Up To RON970M In October
Demand for homes and leu-denominated mortgage loans has gone up in the last few months of this year and in October banks granted 970 million lei (EUR209 million) loans so the stock of loans...
Alro Gets Three-Year $167M Loan From Eight Local Banks
Romanian aluminum smelter Alro Slatina (ALR.RO) has signed a three-year $167 million credit facility from eight local banks, the company said in a statement Friday.