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NBFI Market Lost RON6B Worth Of Loans In Four Years
The stock of loans granted by non-bank financial institutions (NBFI) has shrunk by almost 6 billion lei (EUR1.34 billion) or 25% to RON18 billion from the end of 2009 through February 2014,...
EBRD Grants EUR4.8M Loan For Sibiu Bus Depot Relocation
European Bank for Reconstruction and Development (EBRD) will grant a EUR4.8 million loan to public transport company TURSIB to relocate the bus depot in Sibiu city, from its current site in...
World Bank To Lend Romania EUR1B A Year In 2014-2017
The World Bank will extend a credit line to Romania for development projects of EUR1 billion a year for the period 2014-2017, based on a new partnership strategy to be approved by the bank's...
AFI Palace Cotroceni Gets EUR220M Refinancing From Erste, Raiffeisen, Deutsche Pfandriefbank
Deutsche Pfandriefbank, Raiffeisen Bank International, Raiffeisen Bank Romania and Erste Group Bank AG will lend EUR220 million to help refinance debt obligations of AFI Europe’s shopping ma...
IMF Approves EUR436.3M Disbursement To Romania
The International Monetary Fund has completed the first two reviews of Romania’s economic performance under a two-year precautionary loan agreement, enabling the disbursement of an additiona...
NEPI Takes EUR20M Loan From Garanti Bank To Refinance Shopping Mall In Galati
South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), got a EUR20 million loan from Garanti Bank to refinance its investment in a shopping mall in Galati,...
Spirits Producer Zarea Wants To Take Out EUR8M Loan
Spirits producer Zarea Bucuresti (ZARE.RO) wants to borrow EUR8 million from BRD and/or Banca Transilvania or other commercial banks.
Garanti Bank Romania Borrows EUR50M From EIB To Finance SMEs, Midcaps
The European Investment Bank (EIB) Wednesday said it will lend up to EUR50 million to Garanti Bank Romania to finance projects promoted by small and medium-sized enterprises (SMEs), mid-cap...
Tinmar Borrows EUR7M From Banca Carpatica To Develop Solar Park
Romanian power supplier and energy trader Tinmar, owned by businessman Augustin Oancea, borrowed EUR7 million from commercial lender Banca Comerciala Carpatica for the development of an 8.5-...