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Finance Minister Signs Agreement Whereby Romania Grants EUR150M Loan To Moldova
Finance Minister Eugen Teodorovici signed on Wednesday, in Chisinau, an agreement whereby Romania will grant a loan worth EUR150 million to the Republic of Moldova.
Romania’s Central Bank: Modest Loan Dynamics Risky For Financial Stability
Romania’s central bank believes there are about 10,000 sound companies, selected by profitability and investment criteria, which have a low indebtedness level and could sustain significant l...
Banks Promote Easy Loans Again
Almost ten years from the boom of the easy loans where applicants were only required a valid ID to be able to borrow money, banks are trying again to lure customers with fast consumer loans...
Romcab Borrows EUR15M From European Investment Bank
Romanian cable maker Romcab Targu-Mures (MCAB.RO) has borrowed EUR15 million from the European Investment Bank (EIB) for the acquisition of raw material.
Housing Savings And Loan System Under Scrutiny By Court Of Accounts
The housing savings and loan system introduced in Romania ten years ago is under investigation by the Court of Accounts on suspicion that the government subsidies part of the process were no...
Romania Wants To Grant EUR150M Loan To Republic Of Moldova For A Five-Year Period
Prime Minister Victor Ponta said Tuesday that the Romanian government wants to grant a reimbursable loan worth EUR150 million to the Republic of Moldova for a five-year period.
Volksbank Takeover Boosts Banca Transilvania’s Loan Volume
Banca Transilvania (TLV.RO), the third largest lender in Romania, expects net loan volume to rise by 42% to 25 billion lei (EUR5.6 billion) this year, following the merger with Volksbank Rom...
New Leu-Denominated Retail Loans Up 46% In July On Year-Ago Month
Individual customers took out 2.6 billion lei (EUR586 million) new leu-denominated loans in July, RON800 million more than in the year-ago month, while companies borrowed RON1.9 billion wort...
Profi Mulls RON109.5M Loan From EBRD For Rural Expansion
The European Bank for Reconstruction and Development (EBRD) is considering a loan of up to RON109.5 million to retailer Profi, that will be used, inter alia, to support the company’s network...