LOANS
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Polisano Takes New Loans, Hires New Managers
Polisano drug wholesaler, part of the Sibiu group of the same name, in the last week of 2014 signed an agreement for a EUR10 million (RON44 million) loan with Eximbank, for working capital....
The Romanian Banking System After 6 Years Of Crisis
The local banking system looks completely different from its picture of the autumn of 2008, at the crisis onset, as market players had to adjust to the new conditions, namely low loan demand...
Four Large Banks In Romania Boast Higher Loan Portfolios, But Overall Loan Stock Still Down
Four of the seven local large banks that published their Jan-Sept figures reported increases of between 1% and 9% in loan portfolios, but overall, the loan stock contracted by the equivalent...
Brise Capital Group Plans To Lend EUR20M To Farmers In 2015
Brise Capital Group IFN, the financing division recently founded by Brise Group, controlled by businessman Marius Bucur, plans to grant farmers loans of over EUR20 million in 2015.
The Five Parent Banks That Failed Stress Tests Have EUR9B Worth Of Loans In Romania
Only a quarter of the European banks present in Romania failed the stress tests and the central bank says the local subsidiaries are in a comfortable position.
Romcab Wants To Borrow EUR17.4M From Several Banks, Extend EUR11M Credit Lines
Romanian cable maker Romcab Targu-Mures (MCAB.RO) wants to contract loans of EUR17.4 million and to extend existing credit lines of EUR10.9 million.
NBFIs In Romania Lost RON700M Worth Of Loans In Six Months
Loans granted to companies and individuals by non-banking financial institutions (NBFI) included in the central bank's general registry were worth 21.7 billion lei (EUR4.9 billion) in mid-20...
Guarantee Fund Pledged Guarantees Of RON1.8B For 6,200 SMEs In January-August
Romania's national guarantee fund for small and medium sized businesses (FNGCIMM) gave guarantees totaling RON1.8 billion to 6,200 SMEs in January-August, 88% of which were used to finance w...
Ghetea: Loan Interest Rates Keep Falling
Loan interest rates are falling and will keep falling because the central bank has been taking measures aimed at reducing rates and it will probably continue to do that, which will boost loa...