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Romania To Grant EUR100M Non-Refundable Loan To Republic Of Moldova
Romania will grant a non-reimbursable loan worth EUR100 million to the Republic of Moldova, Prime Minister Victor Ponta said Thursday, during an official visit to Chisinau.
Retail Euro Loans See Spectacular Decline
Retail euro loans, which include both consumer and mortgage loans, have seen such a significant decline that banks are now selling EUR15 million worth of loans a month compared with EUR200 m...
Romania OKs Agreement In Principle On Contracting RON700M Loan From EIB
The Romanian government has approved the agreement in principle on contracting financing facilities worth up to RON700 million from European Investment Bank (EIB) to partially cover the stat...
AKTA Gets EUR10M From EBRD For Development
The largest independent cable TV provider in Romania, which operates via two companies – Digital Cable Systems (DCS) and AKTA Telecom, using the AKTA brand, has taken out a EUR10 million loa...
150,000 First Home Loans Worth RON25B Granted Since 2009
The banks participating to the First Home scheme have granted more than 150,000 government-secured loans worth 25 billion lei (EUR6 billion) to people looking to buy a home since 2009.
Ufuk Tandogan, Garanti: Investment Loans Up, Small Businesses Doing Better
Local subsidiaries of Turkish Garanti group posted 75 million lei (EUR17 million) net profit in the first half, flat on the year-ago period, while operating revenue and risk costs went down.
New Leu Loan Sales Beat Pre-Crisis Record In June
New leu loans taken out by individuals and companies hit a record high of 5.4 billion lei (EUR1.22 billion) in June, 50% higher than in the year-ago month, and RON100 million higher than the...
Boromir Mulls Taking RON24M Loan For Investments
Boromir Prod Buzau (SPCU.RO) will decide in stockholders’ meeting September 9 on taking a 18 million lei loan from ING Bank for investments and on opening an overdraft line worth RON6.8 mill...
Smithfield Romania Gets $60M Loan From IFC
Smithfield Romania borrowed $60 million from the International Finance Corporation (IFC) to restructure its debts and support the company's growth plans to expand its farms and processing fa...