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Altur Slatina Plans To Sell Its Stakes In SIFs To Pay Back Its Debts
Shareholders of Romanian car parts maker Altur Slatina (ALT.RO) will discuss, at their next general assembly, the sale of stakes held by the company in the five regional investment funds (SI...
ING Bank: Romania Continues To See Almost Credit-Less Economic Growth
Romania continues to see almost credit-less economic growth, as the private loans' share of GDP declined last year to a decade low, according to ING Bank analysts.
Loans Granted By NBFIs Up 8.6% In 1H/2016
Loans granted by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON23 billion (EUR5.2 billion) at the end of June 2016, up by RON1.8 billi...
CEC Bank Granted Over 1,300 Loans From External Financing Sources
Romanian lender CEC Bank granted over 1,300 loans from external financing sources, worth over RON700 million, of which nearly 80% targeted small and medium-sized enterprises (SMEs).
ALB Romania: Consumer Loans Rose 35% To RON1.5B In 1H/2016
Consumer lending companies, members of the association of financial companies ALB Romania, granted new loans worth RON1.55 billion in the first half of 2016, up 35% from the same period a ye...
KIWI Finance Brokered Loans Of EUR50M In 1H/2016, Up 37% On Year
KIWI Finance brokered loans worth EUR50 million in the first half of 2016, up 37% against the same period a year ago.
Impact Bucuresti Takes Out Two Loans Worth A Total RON24.2M From Banca Transilvania
Romanian real estate developer Impact Developer & Contractor (IMP.RO) is contracting a mortgage loan from lender Banca Transilvania (TLV.RO), which will be used to finance real estate invest...
Argus Constanta To Borrow RON110M For Raw Materials
Edible oil manufacturer Argus Constanta (UARG.RO) will take loans totaling RON110 million to buy raw materials such as rapeseed, sunflower seeds and raw oil.
NBFI Debtor Numbers Up 13% On Year In May
The number of individual debtors to non-banking financial institutions (NBFIs) stood at 92,300 at the end of May, up by around 10,000, or 13%, compared with May 2015.