Results 601 - 625 from 2748 for "bank"
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LIBERTY Steel Group Reaches Standstill Agreement With Its Main Creditor, Greensill Bank
06.15.2022
LIBERTY Steel Group, which includes LIBERTY Galati, the largest steel producer in Romania, has reached a standstill agreement with Greensill Bank, its largest creditor, on the debt facilities relating more
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Raiffeisen Bank Raises RON525M Via Green Bond Issue
06.10.2022
Raiffeisen Bank, one of the largest lenders in Romania, on Friday said it raised RON525 million from stock market investors through an issue of green bonds with a five-year maturity and an annual more
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Alpha Bank Romania Joins IMM Prod, Garant Construct, Rural Invest And Innovation Programs
06.06.2022
Alpha Bank Romania joins the four new governmental programs whose main priorities are to dynamize local production, support constructions, including the “green” area, to stimulate productivity and more
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Mihail Ion To Run Raiffeisen Bank’s New Capital Markets And Private Banking Division
05.31.2022
Raiffeisen Bank on Tuesday said it appointed Mihail Ion to run its new Division of Capital Markets, Investment Banking and Personal Financial Planning Division. more
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Czech APS Buys From Bank of Cyprus A Portfolio Of Romanian EUR147M NPLs
05.30.2022
APS, a debt recovery company headquartered in the Czech Republic, has announced the acquisition from the Bank of Cyprus Group of a portfolio of Romanian non-performing loans (NPLs) and repossessed more
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Alpha Bank Romania’s Operating Profit Doubles YoY To EUR5.6M In 1Q/2022
05.27.2022
Alpha Bank, ranked among the top ten largest lenders in Romania by assets, on Friday reported an operating profit of EUR5.6 million for the first quarter of 2022, up 143% from EUR2.3 million in the more
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Romania's Central Bank Sets Up Payments Committee
05.23.2022
The Board of Directors of Romania’s central bank has established a Payments Committee. more
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Romania’s Central Bank Expects Higher Than Forecast Inflation in Dec 2022 and June 2023
05.20.2022
The Board of Romania’s central bank is not that optimistic about the trend of the inflation, which will continue to remain extremely high until June 2023. The latest data show inflation will reach more
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CEC Bank Posts RON54.2M Net Profit in Q1
05.20.2022
CEC Bank posted RON54.2 million net profit in the first quarter of 2022, as well as RON50.4 billion assets, an increase of 19% on the year-ago period, higher than the overall banking system’s more
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URBB Takes Out Over EUR20M Loan From ING Bank Romania
05.19.2022
United Romanian Breweries Bereprod (URBB), a brewer whose portfolio includes brands such as Tuborg, Carlsberg and SKOL, has contracted a loan of over EUR20 million from ING Bank Romania, which will be more
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Instant Factoring, TechVentures Bank Team Up To Support SMEs In Romania
05.17.2022
Instant Factoring, the first Romanian startup providing online microfactoring for small and medium-sized enterprises (SMEs), and Romanian lender TechVentures Bank have concluded a partnership to more
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EY: Number Of Eurozone Businesses And Households Unable To Repay Their Bank Loans Set To Rise
05.17.2022
The number of eurozone businesses and households unable to make repayments on their bank loans is set to rise, according to the first EY European Bank Lending Economic Forecast. more
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Patria Bank Reports 1Q/2022 Net Banking Income of RON41.5M, Flat from 1Q/2021, and RON882,000 Net Profit
05.17.2022
Patria Bank in 1Q/2022 reported net banking income of RON41.5 million, flat from the year-ago period, determined by the evolution of revenues from financial activity affected by market conditions and more
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Romania Central Bank Revises Up Its Annual Inflation Forecast To 12.5% For End-2022
05.12.2022
Romania’s central bank has revised upwards its annual inflation rate forecast to 12.5% for the end of 2022 and to 6.7% for the end of 2023, the bank’s governor Mugur Isarescu told a news more
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First Bank Reports RON57M Net Profit For 2021
05.11.2022
First Bank (the former Piraeus Bank), held by American private equity investment firm J.C. Flowers, on Wednesday said it recorded a net profit of RON57.1 million for 2021, significantly higher than more
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Romania Central Bank Raises Key Rate To 3.75% A Year
05.10.2022
Romania's central bank on Tuesday (May 10) raised its benchmark interest rate to 3.75% a year from the current rate of 3% a year, starting May 11, 2022. more
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OTP Bank Romania Reports RON24M Loss For 1Q/2022
05.06.2022
OTP Bank Romania registered a loss of RON24 million in the first quarter of 2022, predominantly impacted by risk costs, according to the report published in Budapest, which presents the consolidated more
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Beginner Entrepreneurs May Get EUR50,000 Loan Via Raiffeisen Bank's Startup Studio by Factory Program
05.03.2022
Beginner entrepreneurs in Romania may enroll between May 2 - 20, 2022 into the Startup Studio by Factory program launched by Raiffeisen Bank, within which business ideas are debated with mentors and more
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CEC Bank Becomes Primary Dealer On Government Securities Market
05.03.2022
Romania's state-owned lender CEC Bank becomes primary dealer on the government securities market, starting May 2, thus joining the other seven primary dealers. more
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Credit Europe Bank Romania Switches To RON70M Net Profit In 2021 Vs. RON17M Loss In 2020
05.02.2022
Credit Europe Bank Romania on Monday said it ended 2021 with a net profit of RON70 million, compared to loss of RON17 million in 2020. more
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Idea::Bank's Integration Into Banca Transilvania Group To Be Finalized On June 13, 2022
04.19.2022
Banca Transilvania (BT.RO), the largest bank in Romania by assets, will be finalizing the integration of Idea Bank into Banca Transilvania financial group on June 13, 2022, almost one year since the more
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OTP Bank Romania Unveils New Financing Solution For Farmers
04.15.2022
Lender OTP Bank Romania is launching a new funding solution for the local agribusiness sector, named “Ceiling for financing agricultural crops.” more
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Fitch Downgrades Romanian Garanti Bank’s SSR To ‘B’; Affirms IDR At ‘BB-‘/Stable
04.15.2022
Fitch Ratings has downgraded Garanti Bank S.A.’s (GBR) Shareholder Support Rating (SSR) to ‘b’ from ‘b+’ and the GBR’s Long-Term Issuer Default Rating (IDR) was affirmed at ‘BB-‘ with more
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Moody’s Upgrades To A2 Alpha Bank Romania’s Mortgage Bond Rating
04.13.2022
Rating agency Moody’s Investors Service upgraded by one notch, to A2 from A3, the rating assigned to the mortgage covered bonds issued by lender Alpha Bank Romania. more
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OTP Bank Sees Romania’s GDP Growth Below 2% In 2022
04.11.2022
OTP Bank said in a report on Monday that Romania’s economic recovery is seen slowing substantially in 2022 and the country’s GDP growth is expected to stay below 2% in 2022 as inflation erodes more