04.05.2017

EximBank and Agricover Credit are extending, for two years, a loan agreement worth RON100 million, which was concluded in 2015 to ensure the resources needed to develop new financial products and more

03.30.2017

Lender BRD launches a new mortgage loan for the acquisition or construction of a first home, an alternative to government-guaranteed mortgage lending First Home program, with a minimum down payment of more

03.23.2017

Romania will borrow EUR60 million from the International Bank for Reconstruction and Development (IBRD) for a project targeting the improvement of justice services. more

03.23.2017

German-held Schwartz group, which owns the Kaufland and Lidl retail chains, has applied for a EUR180 million senior syndicated loan from the European Bank for Reconstruction and Development (EBRD) to more

03.14.2017

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02.13.2017

Last year was a good year for banks, despite legislative turmoil and gloomy forecasts by bankers, so new retail and corporate leu and euro-denominated loans stood at more than 67 billion lei (EUR15 more

02.09.2017

Romania will grant EUR50 million to the Republic of Moldova, representing the second tranche of the loan, after it granted the first tranche worth EUR60 million on August 24, 2016. more

02.03.2017

Chimcomplex company, part of Serviciile Comerciale Romane group, owned by businessman Stefan Vuza, will lend RON4.7 million (EUR1 million) to Serviciile Comerciale Romane (SCR) Piatra Neamt, the more

01.31.2017

Romanian lender Banca Comerciala Romana (BCR), a unit of Austria’s Erste Group Bank, has granted a EUR25 million loan to TMK-Artrom Slatina (ART.RO), controlled by Russian steel pipe maker TMK, for more

01.30.2017

Paper products manufacturer Pehart Tec Grup has contracted a revolving loan facility worth EUR24 million from lenders Banca Comerciala Romana, EximBank and Banca Transilvania. more

01.10.2017

ING Bank, the seventh largest bank by value of assets, will reduce the minimum downpayment required on standard mortgage loans to 15% from 25%, starting January 21, 2017. more

12.23.2016

Romanian cable maker Romcab Targu-Mures (MCAB.RO) will borrow EUR5 million (RON23 million) from Piraeus Bank to finance the current activities and the investment projects of the company. more

12.05.2016

The European Bank for Reconstruction and Development (EBRD) is providing a EUR15 million loan to the city of Iasi for the acquisition of 50 new buses with low carbon emissions, the bank said in a more

11.04.2016

Craiova-based window and door system producer Casa Noastra, which sells QFort brand, will borrow RON10 million from lender CEC Bank, for buying plots of land. more

11.03.2016

New leu loans banks granted to consumers reached a new peak in January-September, 22.7 billion lei (EUR5.03 billion), Romania’s central bank data show. more

10.31.2016

Fabrica de Lapte Brasov, the local producer of the Olympus, Oly dairy products, contracted a loan of EUR3 million from lender Garanti Bank to finance its current operations, according to a document more

10.26.2016

Cable Communications Systems NV, the parent company of telecom operator RCS&RDS, completed on Wednesday a double transaction for the refinancing of loans, according to law firm PeliFilip, which more

10.20.2016

Real estate company Napochim Imobiliare Cluj-Napoca (NCHI.RO) took out a loan of RON8 million from its majority shareholder Perpetuum Impex, for a one-year period, which will be used to develop its more

10.14.2016

Romania’s central bank (BNR) says that the conversion of the Swiss franc loans at the historical exchange rate could drive the solvency of two banks under the minimum requirement, and in all six more

10.05.2016

New leu and foreign currency-denominated loans granted by banks to companies fell sharply by about 18% in August, compared with the year-ago month and reached 2.66 billion lei (EUR599 million), more

10.04.2016

The new bills related to the banking system, such as the individual insolvency bill, the debt discharge law or the loan conversion bill, are driving lenders’ costs “beyond affordability level”, more

10.04.2016

Romanian oilfield equipment manufacturer Uztel Ploiesti (UZT.RO) will take out a loan of RON7.5 million from ING Bank, of which, nearly RON4 million will be used to pay off debts included in the more

10.03.2016

Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), hiked the down payment required on mortgage loans after the implementation of the debt discharge law, but it subsequently more

09.26.2016

Romanian real estate developer Impact Developer&Contractor (IMP.RO) said Monday it contracted a loan worth RON35 million from Libra Internet Bank, for a 48-month period, to finance the construction of more

09.13.2016

The European Bank for Reconstruction and Development (EBRD) granted a loan of EUR10 million to Garanti Leasing Romania to increase access to financing for small and medium-sized enterprises (SMEs) in more