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EBRD Grants EUR15M Loan To Sibiu Municipality For Urban Infrastructure
The European Bank for Reconstruction and Development (EBRD) will grant a long-term loan worth RON67.5 million (EUR15 million) to Sibiu municipality for the rehabilitation of about 25 kilomet...
Agriculture The Only Sector To See An Increase In Loans YoY
Agriculture is the only sector that had borrowed more money by the end of October compared with October last year (a 2% increase in loans taken), while the rest of the sectors (industry, ser...
Leu-Denominated Loans Reach New All Time High
Leu-denominated loans to consumers and companies peaked at almost 109 billion lei (EUR24.5 billion) at the end of October, an increase of about 17% on the year-ago period, largely because on...
New Leu-Denominated Consumer Loan Sales At Six-Year High In Jan-Sept
Banks sold 11 billion lei (EUR2.5 billion) in consumer loans in the first nine months, the highest level in the past six years. Sales of leu-denominated consumer loans were RON3 billion high...
Romania Borrows EUR175M From CEB To Build 7,000 ANL Apartments
Romania will borrow EUR175 million from the Council of Europe Development Bank for the construction of approximately 7,000 apartments via the National Housing Agency (ANL) program, between 2...
Senate To Debate EUR150M Loan Agreement Between Romania And Moldova On Monday
Senate chairman Calin Tariceanu said Wednesday that the draft law on the agreement whereby Romania will grant a loan worth EUR150 million to the Republic of Moldova will be debated by the Se...
Banks Sold RON2.2B New Retail Loans In August
Individual customers took out 2.2 billion lei (EUR498 million) new loans in August, RON700 million more than in August 2014.
EBRD Considers Granting EUR8M Loan To Sonaca For Construction Of Factory In Romania
The European Bank for Reconstruction and Development (EBRD) is considering providing a senior long-term loan of EUR8 million to the company Sonaca which will be used to finance the construct...
Romanian Government Approves EUR150M Loan Agreement To Moldova
The Romanian government approved Wednesday the agreement whereby Romania will grant a loan worth EUR150 million to the Republic of Moldova.