LOANS
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Patria Credit Posts EUR900,000 Net Profit in 2018
Patria Credit, the non-banking financial institution owned by Patria Bank Group, which funds farmers and micro-enterprises, on Thursday said it had a net profit of EUR900,000 in 2018 and its...
Uztel Ploiesti Shareholders Approve Contracting of RON9.5M Loans
Shareholders of Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) on Monday approved company plans to contract two loans totaling RON9.5 million from First Bank to refinance a...
Garanti Bank Gets EUR77M Loans to Finance SMEs
Lender Garanti Bank has signed two financing agreements totaling EUR77.3 million to finance sustainable energy projects and small and medium-sized enterprises.
GfK: Nearly Half of Romanians Want to Get Loans in Next 6 Months
Around 44% of Romanians intend to get a loan in the next six months and just 8% are completely certain they won't resort to this financing option, according to a poll by GfK, ordered by Inte...
Competition Council Backs Loan Refinancing With Different Bank Than The One Granting The Loan
The Competition Council’s sectorial inquiry into the retail banking services market shows people who wish to refinance loans with different banks than the ones granting the loans face diffic...
Agricover Credit IFN Grants Loans Worth Over EUR300M To Romanian Farmers In 2017
Non-banking financial institution Agricover Credit IFN, which provides financial and agribusiness services to farmers, granted loans of RON1.37 billion (over EUR300 million) to Romanian farm...
Central Bank Deputy Governor: NBFIs Granted RON26.4B Worth Of Loans In June 2017
The stock of loans granted by non-banking financial institutions (NBFIs) in Romania reached RON26.4 billion in June 2017, accounting for 11% of overall loans (granted by banks and NBFIs), Ro...
Central Bank Assessment: SMEs In Romania Took Out RON11B Loans From Banks In 2016
Banks in Romania granted new loans of RON11 billion (EUR2.5 billion) to small and medium-sized enterprises (SMEs) in 2016, over three times less than the lending potential of RON34 billion,...
Agricover Credit IFN 1H Loans Grew 33% on Year
Agricover Credit IFN, the lending division of Agricover Holding granted loans totaling RON421 million in the first six months, up 33% compared with the same period last year, the company sai...