Results 426 - 450 from 839 for "loan"
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OMV Petrom Mulls Refinancing EUR930M Loan Contracted In 2011
04.21.2015
Romanian oil and natural gas company OMV Petrom (SNP.RO) has started talks with local and international banks to refinance a credit line worth EUR930 million, contracted back in 2011, the company said more
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Agricover Credit Borrows EUR22M From EximBank To Fund Agriculture
04.20.2015
Agricover Credit, the lending division of Agricover group, will borrow RON100 million (over EUR22 million) from EximBank to fund agriculture projects, after signing a EUR10 million seven-year loan more
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Entrepreneur: Small Companies Need Cheaper Loans
04.17.2015
Banks need to be more flexible with the small entrepreneurs and make loans cheaper, because they are two or three times more expensive than in other European countries Romania is in direct competition more
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Top Five Banks In Romania Hold Over 50% Of Assets, Loans And Deposits
04.06.2015
The five largest local banks held 54% of the assets, loans and deposits of the banking system at the end of last year. more
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BCR Getting Ready To Sell Up To EUR1.5B Worth Of NPLs In One Go
04.02.2015
BCR, the largest bank in Romania, is getting ready to sell non-performing loans of EUR1 billion to EUR1.5 billion, the highest amount so far, a move that is bound to draw a lot of attention. more
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Agricover Credit Gets EUR10M Loan From International Investment Bank
04.01.2015
Agricover Credit, the lending division of Agricover group, got a loan worth EUR10 million for a 7-year period from International Investment Bank (IIB), that will be lent to farmers for working capital more
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Vest-Energo Wants To Borrow EUR17M For New Projects, Office Building
03.31.2015
Romanian energy producer Vest Energo Bucharest plans to borrow EUR17 million to develop new cogeneration projects and to buy an office building in Bucharest. more
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GoodMills Romania Borrows EUR16M From BRD
03.30.2015
Romanian milling and bakery company GoodMills Romania (former Titan) will borrow EUR16 million from lender BRD - Groupe Societe Generale and estimates a 4.7% turnover growth and operating profit for more
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EIB Grants EUR22.6M Loan To Oradea Municipality For Investments
03.25.2015
The European Investment Bank (EIB) granted a loan of EUR22.6 million to the municipality of Oradea to support investments related to the local road network and tourism. more
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Timisoara Airport Gets EUR2M Loan From Bancpost For Working Capital
03.18.2015
Bancpost has granted the Timisoara Airport a line of credit of EUR2 million for a three-year period, to finance working capital, the bank said Wednesday. more
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Shareholders Lent Companies RON120B, More Than Banks Did
03.13.2015
Loans granted directly by shareholders or partners to companies – common practice especially with small and medium-sized businesses, as well as with foreign-held companies, rose during the crisis to more
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Finance Ministry Repays EUR1.5B Of EU Loan, EUR5B Left
03.12.2015
The Finance Ministry repaid the first EUR1.5 billion tranche of the loan it took from the European Commission in 2009. The amount equals half of this year’s projected budget deficit. more
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Energomontaj Gets RON145M Loan From Bank-Insurance Consortium
03.12.2015
Energomontaj, a company specializing in installation and maintenance services for power plants, got a syndicated RON145 million loan from a BRD-led corsortium including insurers Allianz Tiriac more
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Banks Forced To Replace EUR10B Foreign Lines Of Credit With Local Deposits In Six Years
02.25.2015
Over the last six years, the foreign banks that control 90% of Romania’s banking system have withdrawn EUR10 billion worth of lines of credit extended to their local subsidiaries during the economic more
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Polisano Borrows EUR15M From BRD, Seeks Additional EUR15M To Fund Working Capital
02.23.2015
Pharmaceutical distributor Polisano, owned by the Vonica family in Sibiu, has signed a new financing agreement for EUR15 million with BRD Societe Generale and is negotiation another EUR15 million more
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Rompetrol Rafinare, KMG Companies Borrow $390M From Four Banks
02.18.2015
Rompetrol Rafinare (RRC.RO), Rompetrol Downstream, KazMunayGas Trading AG and KMG Rompetrol, units of oil group KMG International, plan to contract a $390 million loan from lenders BCR, UniCredit more
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First Car Program Gets RON350M For Guarantees This Year
02.09.2015
Romanian government will assign this year RON350 million (EUR79.36 million) as guarantees for car loan program "First Car", according to a draft decision which also stipulates that other banks and more
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Consumer Lending Down By Over RON5B In 2014
02.02.2015
The consumer lending growth that had restarted last summer stopped at the end of the year again, so new sales in November and December did not offset loan repayment and written off non-performing more
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Congaz Constanta To Get RON45M Loan From GDF SUEZ
01.23.2015
Local natural gas distributor Congaz Constanta will pay back a loan it took in 2013 from UniCredit and will take a loan of up to RON45 million from its majority shareholder, GDF SUEZ Energy Romania. more
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IMF Team To Review Romania Loan In Jan 27-Feb 10
01.21.2015
A delegation of the International Monetary Fund will arrive in Romania next week to review the country’s progress under a EUR2 billion precautionary agreement signed in September 2013. more
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Swiss National Bank Decision Deals Staggering Blow To Romanian Swiss Franc Loan Holders
01.16.2015
Swiss National Bank's move to remove the cap on the Swiss franc conversion rates sent the currency soaring against the euro, while in Romania it went from 3.7 lei to 4.3 lei in a matter of hours. more
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EBRD Grants RON132M Loan To Raiffeisen Leasing To Support MSMEs
01.15.2015
The European Bank for Reconstruction and Development (EBRD) has granted a loan of 132 million lei (EUR30 million) to Romanian leasing company Raiffeisen Leasing, a subsidiary of Austrian Raiffeisen more
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Banks Getting Ready To Grant A Record 30,000 First Home Loans In 2015
01.14.2015
Banks will be able to grant more than 30,000 loans via the First Home scheme in 2015 if the government allocates a 2.5 billion lei (EUR557 million) cap as announced at the beginning of the year. This more
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Romanian Banks Get Closer To Mature Western Markets’ Model
01.09.2015
In an attempt to lure as many customers as possible banks are now offering mortgage loans with fixed interests for seven or ten years, thus taking the first step towards loans free of interest risk more
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Key Rate Cut May Push Leu Loan Interests To Less Than 5%
01.08.2015
Interests on leu loans have gone down with each monetary policy easing step of Romania's central bank so they are now competing with the cost of foreign currency loans. The adjustment trend will more