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Romania To Borrow EUR60M From IBRD To Improve Legal Services
Banks-Insurance

Romania To Borrow EUR60M From IBRD To Improve Legal Services

Romania will contract a loan of EUR60 million from the International Bank for Reconstruction and Development (IBRD) to finance a project aimed at enhancing legal services, according to a bil...

Ecaterina Craciun · 05.04.2017 · 19:16 · 1 min
BRD Launches Alternative To First Home Program
Real Estate

BRD Launches Alternative To First Home Program

Lender BRD launches a new mortgage loan for the acquisition or construction of a first home, an alternative to government-guaranteed mortgage lending First Home program, with a minimum down...

Gabriela Stan · 30.03.2017 · 14:21 · 1 min
Romania Borrows EUR60M From IBRD For Justice Services Improvement Project
Banks-Insurance

Romania Borrows EUR60M From IBRD For Justice Services Improvement Project

Romania will borrow EUR60 million from the International Bank for Reconstruction and Development (IBRD) for a project targeting the improvement of justice services.

Gabriela Stan · 23.03.2017 · 18:00 · 1 min
Lidl And Kaufland Owner Seeks EUR180M EBRD Loan For Expansion In Romania, Bulgaria, Moldova
Banks-Insurance

Lidl And Kaufland Owner Seeks EUR180M EBRD Loan For Expansion In Romania, Bulgaria, Moldova

German-held Schwartz group, which owns the Kaufland and Lidl retail chains, has applied for a EUR180 million senior syndicated loan from the European Bank for Reconstruction and Development...

Loredana Frățilă-Cristescu · 23.03.2017 · 00:00 · 1 min
Tiriac Leasing IFN Gets EUR10M Financing From Banca Romaneasca
Banks-Insurance

Tiriac Leasing IFN Gets EUR10M Financing From Banca Romaneasca

Tiriac Leasing IFN, the leasing company of Tiriac group, has obtained a loan of EUR10 million from lender Banca Romaneasca, for a five-year period.

Ecaterina Craciun · 14.03.2017 · 16:09 · 1 min
New Loan Level Highest In Five Years
Banks-Insurance

New Loan Level Highest In Five Years

Last year was a good year for banks, despite legislative turmoil and gloomy forecasts by bankers, so new retail and corporate leu and euro-denominated loans stood at more than 67 billion lei...

Loredana Frățilă-Cristescu · 13.02.2017 · 00:00 · 1 min
Romania Grants Second Tranche Of Loan To Moldova
Social/Politics

Romania Grants Second Tranche Of Loan To Moldova

Romania will grant EUR50 million to the Republic of Moldova, representing the second tranche of the loan, after it granted the first tranche worth EUR60 million on August 24, 2016.

Gabriela Stan · 09.02.2017 · 16:43 · 1 min
SCR Piatra Neamt Borrows EUR1M From Chimcomplex
Companies

SCR Piatra Neamt Borrows EUR1M From Chimcomplex

Chimcomplex company, part of Serviciile Comerciale Romane group, owned by businessman Stefan Vuza, will lend RON4.7 million (EUR1 million) to Serviciile Comerciale Romane (SCR) Piatra Neamt,...

Gabriela Stan · 03.02.2017 · 13:55 · 1 min
BCR Grants EUR25M Loan To TMK-ARTROM
Banks-Insurance

BCR Grants EUR25M Loan To TMK-ARTROM

Romanian lender Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank, has granted a EUR25 million loan to TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker T...

Gabriela Stan · 31.01.2017 · 14:55 · 1 min