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Pehart Tec Grup Gets EUR24M Syndicated Loan
Paper products manufacturer Pehart Tec Grup has contracted a revolving loan facility worth EUR24 million from lenders Banca Comerciala Romana, EximBank and Banca Transilvania.
Romcab Targu-Mures Borrows RON23M From Piraeus Bank
Romanian cable maker Romcab Targu-Mures (MCAB.RO) will borrow EUR5 million (RON23 million) from Piraeus Bank to finance the current activities and the investment projects of the company.
Romanian City Of Iasi To Buy New Buses With EBRD Loan
The European Bank for Reconstruction and Development (EBRD) is providing a EUR15 million loan to the city of Iasi for the acquisition of 50 new buses with low carbon emissions, the bank said...
Casa Noastra, Owner Of Qfort Brand, Borrows RON10M From CEC Bank
Craiova-based window and door system producer Casa Noastra, which sells QFort brand, will borrow RON10 million from lender CEC Bank, for buying plots of land.
Loans To Consumers Reach New Peak In January-September
New leu loans banks granted to consumers reached a new peak in January-September, 22.7 billion lei (EUR5.03 billion), Romania’s central bank data show.
Olympus Dairy Producer Takes Out EUR3M Loan From Garanti Bank
Fabrica de Lapte Brasov, the local producer of the Olympus, Oly dairy products, contracted a loan of EUR3 million from lender Garanti Bank to finance its current operations, according to a d...
Napochim Imobiliare Takes Out RON8M From Its Majority Shareholder
Real estate company Napochim Imobiliare Cluj-Napoca (NCHI.RO) took out a loan of RON8 million from its majority shareholder Perpetuum Impex, for a one-year period, which will be used to deve...
BNR: Conversion Of Swiss Franc Loans Sends Two Lenders Below Minimum Solvency Level
Romania’s central bank (BNR) says that the conversion of the Swiss franc loans at the historical exchange rate could drive the solvency of two banks under the minimum requirement, and in all...
New Corporate Loans Down 18% In August 2016
New leu and foreign currency-denominated loans granted by banks to companies fell sharply by about 18% in August, compared with the year-ago month and reached 2.66 billion lei (EUR599 millio...