Results 126 - 150 from 153 for "cec"
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Banca Transilvania, CEC Bank Refinance Mineral Water Producer Romaqua’s RON500M Loan
09.16.2013
Romaqua, one of the largest Romanian-held companies in the fast moving consumer goods sector, is giving the lead to borrowing in lei, after refinancing an about 500 million lei (EUR112 million) taken more
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CEC Bank Selected To Grant Loans Under Program Supporting Young Entrepreneurs
08.28.2013
Romania’s Economy Ministry selected state-run lender CEC Bank to grant loans under a state-supported program aimed to help young entrepreneurs, which offers non-reimbursable financing of up to more
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Romanian-Controlled Banks Close To Extinction
07.18.2013
Romanian-controlled banks are on their way to extinction, with multiple factors at play: the indiscriminate privatizations conducted in the previous decade amid pressure from external creditors, more
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CEC Bank Gets EUR45M EIB Loan To Finance SMEs
06.26.2013
The European Investment Bank Wednesday said it will lend EUR45 million to Romanian state-run CEC Bank to finance projects of SMEs, mid-caps and public sector institutions in various economic areas, more
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UniCredit Tiriac CEO: Loan Rates Will Stay High Due To Weak Economy
06.12.2013
Interest rates on leu-denominated loans will stay high due to weak economic performance, the head of UniCredit Tiriac Bank said Wednesday. more
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CEC Bank Interested in Buying Corporate Loan Portfolios
06.12.2013
Romanian state-owned lender CEC Bank is interested in taking over credit portfolios sold by other institutions as the market share is important for a bank. more
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CEC Bank Takes EUR25M Loan From Council Of Europe Bank For SME Financing
06.11.2013
Romanian state-run lender CEC Bank has secured a EUR25 million credit line from the Council of Europe Development Bank (CEB) to finance productive investment in the public and SME sectors, the more
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CEC Bank Increases Share Capital To RON1.12B
06.10.2013
Romanian state-owned lender CEC Bank has increased its share capital by 32.5 million lei (EUR7.14 million) to RON1.12 billion by capitalizing on its 2012 profits, the bank said in a statement Monday. more
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CEC Bank To Borrow EUR25M From CEB To Finance SME Projects
05.27.2013
Romanian state-owned lender CEC Bank will borrow EUR25 million from the Council of Europe Development Bank (CEB) to finance investment projects developed by small and medium-sized enterprises and more
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CEC Bank 2012 Net Profit Falls To RON37M On Higher Provisions
05.27.2013
Romanian state-owned lender CEC Bank Monday said its net profit fell to 37 million lei (EUR8.5 million) in 2012, from RON67.4 million a year earlier, on higher provisioning for bad loans. more
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Raiffeisen Becomes Romania's Most Profitable Bank In 2012
05.23.2013
Raiffeisen Bank was the most profitable bank in Romania last year, posting 392 million lei (EUR90 million) in net profit. more
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CEC Bank Lending Rises 6.7% To RON11.2B In 8 Months
09.18.2012
Romanian state-owned lender CEC Bank Tuesday said its loan portfolio was up 6.7% to 11.2 billion lei (EUR2.5 billion) at the end of August, from RON10.5 billion in December last year. more
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CEC Bank Ups First Home Guarantee Ceiling By EUR11.5M
07.03.2012
Romanian state-owned lender CEC Bank increased by EUR11.5 million the guarantee ceiling for the state supported “First Home” program this year, after the bank exhausted the amount initially more
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CEC Bank Net Profit Rises 27% To RON67.4M In 2011
05.22.2012
Romanian state-owned lender CEC Bank Tuesday reported a 26.6% increase in its net profit to 67.4 million lei (roughly EUR15.2 million) in 2011, on higher revenue from lending. more
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CEC Bank Granted Farmers Over 10,000 Loans Worth EUR20M In 2012
03.30.2012
Romania’s state-owned lender CEC Bank granted farmers 10,294 loans worth nearly EUR20 million in the first three months of 2012, CEC Bank president Radu Ghetea said Friday at the conference Mediafax more
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CEC Bank Blasts Government Decision Blocking Share Capital Hike
12.12.2011
The fact that state-owned Romanian lender CEC Bank is no longer allowed to increase its share capital from the profits of previous years is an error, Monday said the bank's president Radu Ghetea. more
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RCS&RDS Gets EUR200M Syndicated Loan From BCR, CEC, Credit Suisse
11.30.2011
Romanian internet and telecom operator RCS&RDS has taken out a EUR200 million syndicated loan from Banca Comerciala Romana (BCR), CEC Bank and Switzerland’s Credit Suisse. more
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CEC Attacks The Market Of Leu-Denominated Mortgage Loans With 5.97% Interest
11.14.2011
State-held CEC Bank is selling until January 15 2012 leu-denominated mortgage loans with a fixed interest of 5.97% in the first year, after which it charges a margin of just 1.75 percent above more
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RCS&RDS About To Take EUR300 Million Loan
11.01.2011
Telecom operator RCS&RDS, controlled by businessman Zoltan Teszari, is in talks with a group of banks over a EUR300 million loan. The five-year loan will be used to settle maturing debt. more
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CEC Bank’s Head To Resume Capital Hike Procedures - Romanian FinMin
10.18.2011
Romanian government have authorized the head of state-run CEC Bank to resume procedures for a capital increase at the bank, despite past opposition from the European Commission regarding the more
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CEC Bank: A Quarter Of Restructured Loans Gone Bad Again
10.13.2011
Romanian state-run lender CEC Bank Thursday said 25% of the distressed loans modified to give the companies more time to recover have gone bad again after three months. more
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Top Ten Romanian Banks After 1H
08.18.2011
The banking system is still digesting the fallout of the crisis almost three years after it started and the largest ten banks, which control almost 80% of the overall banking assets, are seeing their more
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Stamatian, CEC Bank: I’ve Had The Second Chance To Join The Bank’s Management
08.08.2011
Andrei Stamatian, recently appointed as a first vice-president with state-owned lender CEC Bank, says a lot has changed for the better since 2005, when he prepared Austria’s Raiffeisen bid for the more
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CEC Spent EUR6.8m On Management Salaries In 2010
07.26.2011
State-owned CEC Bank spent 28.8 million lei (EUR6.8 million) on management salaries last year, an increase of 36.5% on 2009. more
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CEC Bank VP’s Mandate Expires, Finance Ministry Won’t Renew It
06.17.2011
The Romanian Finance Ministry decided not to renew the mandate of Mirela Iovu as vice-president of CEC Bank, people close to the matter told MEDIAFAX. more