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Sales Of New Loans To Consumers Higher Than Sales Of Corporate Loans
New loans for consumers beat new corporate loans in Romania for the first time ever. After having had to deal with corporate insolvencies in the range of billions of euros, banks prefer to w...
Napolact Owner Borrows EUR150M From EIB For R&D In Europe
Dutch dairy producer FrieslandCampina, which owns Napolact brand on the Romanian market, borrowed EUR150 million from European Investment Bank (EIB) for research and development activities i...
Real Estate Developer Practic Bucuresti Takes Out EUR405,000 Loan
Real estate developer Practic Bucuresti (PRBU.RO), controlled by businessman Radu Timofte, summoned the company’s shareholders at a meeting scheduled for July 18 to approve the closing of a...
EIB Grants EUR30M Loan To Romania For Environmental Projects
The European Investment Bank (EIB) is lending EUR300 million to Romania in support of priority environment sector projects under the Operational Programme Large Infrastructure during the 201...
Romania Borrows EUR175M From CEB To Boost Stock Of ANL Housing
Romania will borrow EUR175 million from Council of Europe Development Bank (CEB) for the construction of apartments for youths via the National Housing Agency (ANL) program.
Consumer Loan Growth Rate Close To Pre-Crisis Levels
Consumer loans have gone up 15% to 34 billion lei (EUR7.53 billion) at the end of April, compared with the year-ago period, Romania’s central bank data show.
Teraplast Bistrita Gets RON13.5M Loan From BRD To Fund Investments
Teraplast Bistrita group (TRP.RO), processor of PVC profiles and manufacturer of building materials and installations, will get a RON13.5 million (EUR3 million) loan from BRD to finance part...
Nidera Borrows $110M From Raiffeisen, UniCredit And ING
Nidera Romania, the local unit of Chinese-Dutch grain trader Nidera, will borrow $110 million from Raiffeisen, UniCredit and ING, for future projects and transactions, according to the infor...
Leu Mortgage Lending Doubles In One Year
The leu-denominated loans granted to consumers to buy homes have doubled to 21 billion lei (EUR4.7 billion) in the past year (March 2015 to March 2016), while foreign currency loans dropped...