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EBRD Invests EUR16M To Upgrade Water Supply Network In C Romania
Banks-Insurance

EBRD Invests EUR16M To Upgrade Water Supply Network In C Romania

The European Bank for Reconstruction and Development on Wednesday said it has extended a EUR15.9 million loan to Aquaserv S.A. water utility company to improve water services in Mures and Ha...

Florentina Dragu · 18.04.2012 · 13:59 · 1 min
Romania Wants A New EUR1B Loan From World Bank
Banks-Insurance

Romania Wants A New EUR1B Loan From World Bank

Romania wants a new safety net from the World Bank – a EUR1 billion line of credit that would allow the Finance Ministry to cover financing needs if turmoil intensifies on the financial mark...

Radu Bostan · 18.04.2012 · 00:00 · 2 min
Banks-Insurance

Prospectiuni OKs Taking EUR14.2M Loans

Romanian oil and gas geophysical surveyor Prospectiuni (PRSN.RO) Tuesday approved taking out loans of up to EUR14.2 million to finance investments and purchase drilling equipment, the compan...

Florentina Dragu · 17.04.2012 · 18:02 · 1 min
Cable Operator Gets EUR15M Loan From EBRD For Expansion
Media

Cable Operator Gets EUR15M Loan From EBRD For Expansion

The European Bank for Reconstruction and Development (EBRD) will issue a EUR15 million loan for Romanian cable operator Digital Cable Systems (DCS), for the expansion of cable TV and broadba...

Andrei Cîrchelan · 04.04.2012 · 10:08 · 1 min
Higher Profits From Margins As Banks Hike Price Of Consumer Loans Despite Borrowing Cheaper
Banks-Insurance

Higher Profits From Margins As Banks Hike Price Of Consumer Loans Despite Borrowing Cheaper

Leu-denominated loans for individuals became more expensive in February after three months of decline in a row, because of bankers seeking to boost revenue even though they are paying less t...

Ciprian Botea · 03.04.2012 · 00:00 · 1 min
Banks-Insurance

EBRD Mulls RON33.2M Loan For Waterworks In NW Romania

The European Bank for Reconstruction and Development, or EBRD, could issue a loan worth 33.2 million lei (EUR7.8 million) to Romanian Apaserv Satu Mare for water and wastewater infrastructur...

Andrei Cîrchelan · 28.03.2012 · 17:55 · 1 min
IMF Approves New EUR505M Disbursement To Romania
Macroeconomics

IMF Approves New EUR505M Disbursement To Romania

The International Monetary Fund Wednesday completed the fourth review of Romania’s economic performance under a EUR3.6 billion precautionary loan agreement, enabling the disbursement of a ne...

Florentina Dragu · 21.03.2012 · 19:51 · 1 min
Banks-Insurance

EBRD Invests EUR15.5M In Water Infrastructure In Romania’s Timis County

The European Bank for Reconstruction and Development Wednesday said it has extended a EUR15.5 million loan to Aquatim water utility company to improve water services in Timis county, western...

Florentina Dragu · 21.03.2012 · 16:11 · 1 min
Banks-Insurance

Banca Transilvania Gets EUR7.5M EIF Loan To Finance Small Companies

Romanian lender Banca Transilvania (TLV.RO) and the European Investment Fund have signed a EUR7.5 million loan agreement aimed at supporting micro-enterprises and self-employed entrepreneurs...

Florentina Dragu · 20.03.2012 · 19:23 · 1 min