EIB Grants First Loan To A Corporate in Romanian Lei

EIB Grants First Loan To A Corporate in Romanian Lei

yesterday, 17:55

The European Investment Bank (EIB) is providing the first loan to a corporate in Romania that can be disbursed in local currency. The equivalent of EUR50 million will be granted to Romania’s gas transmission company Transgaz, the bank said in a statemnt Thursday.

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Analysis

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Asking prices of home for sale in Bucharest declined but grew in other cities across the country by an average 3.5% in the third quarter compared with the second quarter, according to a report released Tuesday by real estate website Imobiliare.ro.