Results 151 - 175 from 200 for "credit"
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SMEs In Romania Recover Below 2% Of Money Owed By Insolvent Clients
03.25.2014
Small and medium-sized enterprises (SMEs) in Romania recover below 2% of the money owed by their insolvent clients and it can take more than two years to recover the money, according to credit more
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Checkups With Credit Bureau, Up 80% In First 2 Months Of 2014
03.12.2014
The Credit Bureau released, at bankers’ request, 1.9 million reports about the situation of existent and potential clients in January and February, up 80% year-on-year. Almost half of these were more
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Agricover Credit IFN Loans Up 55% In 2013, Profit Up 8%, To EUR2.7M
02.26.2014
Agricover Credit IFN, the financing division of Agricover group, granted loans of RON642 million (EUR145.28 million) last year, up 55% from 2012, and posted a net profit of RON12.07 million (EUR2.73 more
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Banks Reviewed 5 Million Loan Applications In January-September
12.16.2013
The Credit Bureau, which collects information on consumer loans, has issued 7.8 million reports in January-September as requested by banks looking for information about their current and potential more
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Posta Romana Borrows RON100M From EximBank To Cover Cash Collection Debts
12.06.2013
Romania’s state-run lender EximBank will grant a credit line of 100 million lei (EUR22.4 million) to postal operator Posta Romana, which will use the money to cover a part of its debts from cash more
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Olteanu, BNR: Average Household Financing Costs Fell Below 10% In October
11.29.2013
The average cost of credit in Romania has dropped below 10% for households and below 8% for corporate customers over the past month, central bank deputy governor Bogdan Olteanu said Friday. more
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China Looking To Spend Up To $10B On Infrastructure, Energy Projects In CEE
11.26.2013
China is ready to explore with European Union countries various ways to use a special $10 billion financing line to support infrastructure and energy projects in central and eastern Europe, Chinese more
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Average Wealth Per Capita Up 9.7% On Year In Romania, To $11,191 – Report
10.09.2013
The average wealth per capita in Romania increased 9.7% in the first half of the year compared to the same period in 2012, to $11,191, much lower than the $17,570 level it reached before the crisis, more
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Romanians Spend Half The Money On Their Cards To Buy Food, Drinks And Cigarettes
09.19.2013
Card holders spent 11 billion lei (equivalent to EUR2.5 billion) on food, beverages and tobacco, half the overall amount spent by Romanians using cards. more
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Yakup Cil Named CEO Of Credit Europe Bank Romania
09.16.2013
Credit Europe Bank Romania, a unit of Dutch-registered Credit Europe Bank, has appointed Yakup Cil as chief executive and chairman of the board, the lender said in a statement Monday. more
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Credit Europe Bank Romania To Increase Share Capital By EUR20M
09.08.2013
Credite Europe Bank Romania will increase its share capital by 88 million lei (EUR20 million) to RON763 million from RON675 million. more
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Managing Director Says Axxess Capital Could Buy A Bank
08.06.2013
Horia Manda, managing director of Axxess Capital, a company which manages the Romanian-American Enterprise Fund (RAEF), Balkan Accession Fund (BAF) and Emerging Europe Accession Fund, says the company more
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Agricover Credit Granted Loans Worth RON253M In 1H
07.30.2013
Romanian Agricover Credit IFN, part of agribusiness group Agricover, said Tuesday it granted loans worth 253.2 million lei (EUR57.6 million) in the first half of 2013, up 87% on the year. more
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Moody's Cuts Ratings Of BCR And BRD
07.18.2013
Moody's Investors Service on Wednesday downgraded the deposit ratings of the two largest banks in Romania, Banca Comerciala Romana and BRD-Groupe Societe Generale (BRD.RO), following the lowering of 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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Credit Europe Bank Names Interim CEO Following Tetik’s Appointment At Banca Transilvania
05.15.2013
Credit Europe Bank Romania has appointed its chief control officer Mirela Bordea as interim CEO after Omer Tetik left the bank to take on the CEO position at Banca Transilvania (TLV.RO), the bank said more
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Agricover Credit IFN Borrows RON70M From Eximbank To Grant Farm Loans
04.23.2013
Romanian state-run lender EximBank and local agribusiness group Agricover have concluded a financing agreement whereby the bank will grant a loan worth 70 million lei (over EUR15.5 million) to more
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Agricover Credit’s 2012 Profit Up 46% On Year To RON11.2M
04.15.2013
Romanian Agricover Credit IFN, part of agribusiness group Agricover, registered profit of 11.2 million lei (EUR2.5 million) in 2012, up 46% on the year, thanks to an increase in the number of clients. more
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Credit Agricole Bank Romania Posted EUR6M Loss In 2012
04.04.2013
Credit Agricole Bank Romania said in a statement Thursday it posted a loss of EUR6 million last year, similar to the loss reported in 2011, citing deteriorating economic conditions, low demand for more
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Romania Should Seek Better Credit Ratings - Minister
04.02.2013
Romania should use the current climate of fiscal stability to improve its position in international ratings, which in turn might ameliorate the relationship between banks and investors, Economy more
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SMEs May Access Annual Credit Lines Of Up To RON0.4M With Subsidized Interest
03.29.2013
Small and medium-sized enterprises (SMEs) in Romania will be able to access annual credit lines capped at 400,000 lei (EUR90,600) per firm starting April 4 through the state-supported “Mihail more
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Artego Targu Jiu Mulls Taking RON10M Credit Line For Working Capital
03.12.2013
Romanian rubber bands maker Artego Targu Jiu (ARTE.RO) will discuss in stockholders’ meeting April 15 on taking a 10 million lei (EUR2.28 million) credit line to finance its working capital, the more
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Comnord Mulls Taking EUR4.5M Loan From UniCredit Tiriac Bank
03.07.2013
Romanian construction company Comnord Bucuresti (COSC.RO), owned by businessman Sorin Creteanu, aims to take a EUR4.5 million credit line from UniCredit Tiriac Bank. more
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Credit Europe Bank Romania May Launch RON250M Bond Issue In 2013 To Support Lending
01.18.2013
Credit Europe Bank Romania may launch an issue of corporate bonds worth 250 million lei (EUR57.73 million) in 2013, to finance and develop the portfolio of long-term loans, according to the daily more
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Bucharest Authorities Want To Contract Credit Lines Of About EUR100M
12.17.2012
Bucharest’s sector 6 city hall wants to contract a credit line of up to 240 million lei (EUR53.8 million) to finance building thermal rehabilitation projects, and the capital’s sector 4 mayoralty more