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Electrica Seeks to Borrow over RON1.7B to Fund Investments, Acquisitions
Romanian state-owned energy utility group Electrica (EL.RO) will seek shareholder approval on April 28 for loans totaling over RON1.7 billion from the EIB, Raiffeisen Bank and Erste to fund...
Digi's RCS&RDS Borrows EUR150M from Bank Syndicate
RCS&RDS, part of Digi Communications, has signed a senior facility agreement for two loans amounting to EUR150 million with a banking syndicate consisting of Citigroup Europe- Dublin Romania...
Banca Transilvania To Grant RON700M Loans Via New Home Program
Romanian Lender Banca Transilvania (TLV.RO) has started to grant loans under the New Home subsidized mortgage lending program, aiming for a total amount of RON700 million.
Banks In Romania Grant New Loans Worth Over RON23.1B In March-June 2020
Banks in Romania granted new loans to households and companies worth over RON23.1 billion in March-June 2020, the first four months since the coronavirus outbreak, with the volume of new loa...
Provident Grants 3.1 Million Loans, Worth RON6.2B, During Its 14-Year Presence In Romania
Provident Financial Romania, a provider of quick and easy short-term loans, has granted over 3.1 million loans, worth a total RON6.2 billion, during its 14-year presence on the local market.
Central Bank Survey: Banks Envisage Harsher Lending Conditions For Firms, Households In Q2/2020
In a survey conducted by Romania's central bank in April 2020, banks estimated the lending standards and the terms of loan contracts for companies will be more restrictive in the second quar...
BRD Groupe Société Générale Expects To Grant RON1.38B Loans Via IMM Invest Romania Program In 2020
BRD Groupe Société Générale expects to grant financing of RON1.38 billion in 2020 through the IMM Invest Romania government program aimed at supporting companies in financial distress due to...
Romania Will Need to Borrow at Least EUR26B in 2020
The coronavirus crisis has raised expenses and cut revenues to the state budget and Romania will need to borrow at least EUR26 billion to finance its budget deficit and external debt.
Romanian Govt Adopts Decree Allowing Loan Repayment Delays Until Year-End
Romania's government on Thursday adopted an emergency decree allowing individuals and companies to postpone their loan repayments for up to nine months but no later than the end of the year.