finance
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CEC Bank and Exim Banca Romaneasca Finance CET Titan Construction with RON289M
CEC Bank and Exim Banca Romaneasca have signed a financing agreement of around RON289 million for the development of CET Titan, the first combined heat and power plant built from scratch in Bucharest in the past 46 years, which will produce annually around 400...
IFC’s Support To Expand Access To Finance For Green Housing In Romania
A new IFC investment in UniCredit Bank S.A.senior bonds issues, representing a part from the total of $80 million approved amount in relation to UniCredit Bank’s Euro Medium Term Notes Progr...
Agricover Credit IFN Gets New CEO
Serhan Hacisuleyman, a Turkish banker with 23 years of experience in several business areas such as retail, SME, agriculture and trade, will be appointed CEO of Agricover Credit IFN, the fin...
EC to Launch Excessive Deficit Procedure on Romania in March, Says Finance Minister
Romania will be placed under excessive deficit procedures in March at the earliest, outgoing finance minister Florin Citu said Monday evening on TV station Realitatea Plus.
Finance Ministry Continues Household Bond Program in June
Romania's finance ministry will continue its household bond program in June with interests of up to 5%, it said in a press release Monday.
Capital Injections in Romanian Finance Sector Reach EUR94 in Jan-Sept, Down 35% on Year
Investors owning businesses in Romania's financial industry injected around EUR94 million worth of capital in their local units in January-September, 35% less than in the same period last ye...
Romanian Finance Ministry To Allow Individuals To Buy Treasury Bonds
Romania's finance ministry will launch a program allowing individuals to buy state paper directly through the state treasury at an interest but free of commission charges, the ministry said...
Porsche Finance: SMEs, The Growth Engine For 2015
Small and medium-sized companies are the next step toward growth for Porsche Finance Group, the finance unit of Porsche Holding, as these will continue to renew or widen their car fleets.
Romania Raises EUR1.5B In 10-Year Eurobond
Romania raised 1.5 billion euros in ten-year bonds at a record low yield, in the country’s third debt sale on international market in 2014.