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Agricover IFN: Lending Demand From Farmers Gone Through The Roof
Demand for funding from Romanian farmers has gone through the roof, says Robert Rekkers, the general manager of Agricover IFN, the finance unit of the agribusiness group by the same name.
Solek Group Draws EUR6.1M Loan From Garanti, OTP To Refinance Solar Parks
Czech group Solek, developer of green energy projects, has drawn over EUR6.1 million from Garanti Bank and OTP Bank to refinance several solar parks with a total installed power capacity of...
Romania Borrows EUR1B From World Bank For Fiscal, Health Projects
Romania’s Finance Ministry has borrowed EUR1 billion from the International Bank for Reconstruction and Development to finance fiscal policies and healthcare projects, the ministry said in a...
Garanti Bank Lends EUR4M To FF Group Romania For Real Estate Project
Garanti Bank granted a EUR4 million loan to FF Group Romania (former Elmec Romania), for a real estate project downtown Bucharest, an investment worth approximately EUR5 million.
Garanti Bank Gets EUR35M IFC Loan To Finance SMEs, Women Entrepreneurs
The International Finance Corporation, the private sector lending arm of the World Bank Group, approved a EUR35 million loan to Garanti Bank Romania to help finance the country’s small and m...
EIB, UniCredit Tiriac Bank To Sign EUR60M Loan Deal Next Week
The European Investment Bank will extend a EUR60 million financing line to Romania’s UniCredit Tiriac Bank, said Mihai Tanasescu, EIB Vice-President responsible for lending operations in Rom...
Unirea Shopping Center To Borrow Up To EUR45M For Investments
Shareholders of Unirea Shopping Center (SCDM.RO) decided to take a loan between EUR40 million and EUR45 million for investments in the two shopping centers it owns in Bucharest and Brasov, c...
Agricover Credit To Borrow RON30M From Oikocredit International
Agricover Credit IFN, the financing division of Agricover group, will take out a loan of 30 million lei (EUR6.8 million) from Oikocredit International based in The Netherlands.
Bankers Sold RON500M Worth Of Mortgage Loans In April
The stock of leu loans banks granted to home buyers stood at more than 4.9 billion lei (EUR1.1 billion) at the end of April, up about half a billion lei on the previous month, according to c...