02.18.2021

Romanian state-owned lender CEC Bank has granted a RON60 million loan to Damen Shipyards Mangalia, one of the largest shipbuilders in Europe, operated by Dutch Damen Shipyards Group, to fund current more

02.09.2021

The volume of new leu loans for consumers and companies rose to a 14-year high, RON68.5 billion in 2020. The volume of new loans in lei is double the level of ten years ago and 3.4% higher than in more

02.04.2021

December 2020 came with last year’s highest level of new corporate loans in lei, as well as the 14-year monthly high, RON4.7 billion. The growth of new corporate loans in lei in December 2020 was more

02.03.2021

New consumer and mortgage loans in lei and euros consumers took from banks fell by some RON2.7 billion or 7% from the 2019 level to RON34.3 billion in 2020. Last year was the first of decline for new more

01.29.2021

Mortgage loan volume went up by more than 9.8% or RON8 billion to RON89 billion lei year-on-year in 2020, and lenders offset the decline in consumer loans with the higher sales for buying a home. more

01.28.2021

Romanian state-owned lender CEC Bank is launching a personal loan with a fixed interest rate of 10.40% per year, which can be contracted exclusively online, without making any trips to the bank, via more

01.28.2021

Romania's government late Wednesday approved the norms extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expired at the end more

01.28.2021

The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in loans. more

01.13.2021

Romania's finance ministry has drafted an emergency decree extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expired at the more

01.06.2021

Romanians took out more than 1.47 billion lei in new mortgage loans in lei in November, the highest level in the past year, with only October 2019 recording a slightly higher figure of RON1.48 more

12.22.2020

Vifrana, the leading organic wine producer in Romania by the cultivated area, wants to repay a loan of RON8.2 million contracted ten years ago from state-run lender CEC Bank, to invest in technology more

12.18.2020

Paper manufacturer Pehart Tec Group held by private equity firm Abris Capital, will get a EUR51 million syndicated loan and plans to use some of it for the development of its plants in Petresti more

12.14.2020

Romanians took out new mortgage loans worth 1.36 billion lei in October, the highest level in 2020. The volume was down 8.1% compared with the year-ago month. more

12.09.2020

Demand for consumer loans in Romania has increased in the fall after the summer rekindled appetite for such loans, following the significant decline in the spring due to the lockdown caused by the more

12.07.2020

Banks in Romania granted new loans to households and companies totaling RON67.42 billion in the first ten months of 2020, accounting for nearly a quarter of total private lending stock at the end of more

11.25.2020

Romania will be receiving a first tranche of EUR3 billion from a European Union loan under the SURE support instrument, finance minister Florin Citu announced Wednesday. more

11.17.2020

The European Bank for Reconstruction and Development (EBRD) has announced a new loan, worth EUR10 million, for Romania’s leading distributor of agricultural technologies Agricover, to meet growing more

11.10.2020

Shareholders of Alro Slatina (ALR.RO), the largest aluminum producer in Romania, have decided at their general meeting of Nov 10 to name Banca Export-Import a Romaniei (Eximbank) as leader of a more

10.26.2020

Blue Air, the biggest private Romanian airline, announced Monday it has received the first tranche of its state-guaranteed EUR300.7 million loan and was preparing for a complicated winter and expects more

10.15.2020

State-owned Eximbank will grant a loan of RON300.8 million to low-cost private airline Blue Air to compensate for the losses directly caused by the coronavirus pandemic, through a government decision more

10.15.2020

Romanians borrowed more than 1.2 billion lei in mortgage loans from banks in August, the third highest level in the first eight months of 2020 and 3.6% more than in August 2019. more

10.13.2020

Romanian regional investment fund SIF Transilvania (SIF3.RO) has contracted a loan of RON40 million from lender Banca Transilvania, which will be used exclusively for the payment of dividends to more

10.06.2020

Alro Slatina (ALR.RO), the largest aluminum producer in Romania, has summoned its shareholders on November 10, 2020 to approve the concluding of an addendum to the credit facility agreement worth more

10.05.2020

The European Commission has approved, under EU State aid rules, a loan guarantee of up to around EUR19.3 million (approximately RON94 million) in favor of the Romanian state-owned airline TAROM, the more

10.02.2020

Romania is borrowing EUR4 billion from the European Union to protect citizens affected by the COVID 19 crisis. The government will use the money to implement protective measures adopted since the more