LOANS
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BRD May Grant Subsidized Mortgage Loans Totaling RON315M
Romanian lender BRD-Groupe Société Générale has been assigned a new cap, of RON157.7 million, and may grant new mortgage loans totaling RON315.4 million under the government-subsidized First...
EBRD Funds EUR100M Loans To Boost Energy Efficiency In Romania’s Buildings
The European Bank for Reconstruction and Development (EBRD) is launching a program aimed at financing the residential and business sector, through loans of EUR100 million, for the acquisitio...
Over 3,700 SMEs To Access Loans From EUR400M Funds Allotted To Local Banks By EIB And EIF
Some 3,700 small and medium-sized companies (SMEs) will be able to access loans for new investments and working capital from funds worth EUR400 million allocated to banks in Romania by the E...
SMEs In Romania Can Access EUR177M Loans Based On EIF- Raiffeisen Bank Agreement
The European Investment Fund (EIF) and Raiffeisen Bank have signed a COSME agreement whereby the latter can grant RON800 million (nearly EUR177 million) in loans to small and medium-sized en...
Banks Get EUR600M on Lower Reserve Ratios But Loan Interests Could Rise
Banks have around EUR600 million following the central bank's cutting of required ratios on foreign currency liabilities by two percentage points, but interests on loans could rise following...
Raiffeisen Bank Lent Over EUR350M To SMEs Under JEREMIE Program
Romanian lender Raiffeisen Bank granted loans of more than EUR350 million to small and medium-sized enterprises (SMEs) via the Joint European Resources for Micro to Medium Enterprises (JEREM...
Teraplast Bistrita To Access RON60.4M Loans To Finance Investments
Romanian plastic systems maker Teraplast Bistrita (TRP.RO) plans to access two loans worth RON60.4 million (nearly EUR13 million) from lender Banca Transilvania, in order to finance investme...
Agricover Credit IFN Granted Loans Of EUR220M In 2016
Agricover Credit IFN, the lending division of Agricover group, granted loans worth RON988 million (EUR220 million) in 2016, up 4% on the year, the company said in a statement Tuesday.
Provident Financial Romania Loans Up 27% In 2016
Consumer lender Provident Financial Romania, part of British group International Personal Finance (IPF), granted 27% more loans in 2016, while the number of customers rose 4.4% to over 300,0...