Results 476 - 500 from 839 for "loan"
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Isarescu: Decision To Cut Key Rate To 3.25% Not An Easy One
08.05.2014
Romania’s central bank (BNR) decision to cut the key rate to 3.25% was not an easy one considering the potential response of commercial lenders, as already seen, to first cut deposit interest rates, more
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Argus Constanta To Borrow RON70M From Banca Transilvania
08.04.2014
Vegetable oil producer Argus Constanta (UARG.RO), owned by SIF Oltenia, will borrow RON70 million (EUR15.8 million) for one year from Banca Transilvania (TLV.RO), to buy raw materials. more
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Hidroelectrica Closes Fifth Credit Line In Last Five Months
08.04.2014
Romanian insolvent power producer Hidroelectrica closed at the end of July the fifth credit line over the last five months, namely, a loan of EUR30 million contracted from RBS Bank in 2008. more
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Banks Cling On To Very High Margins On Consumer Loans
07.30.2014
The leu consumer loans, whose resurgence bankers expect to boost their revenue, are being offered at a more than 10% yearly interest, even though banks pay 2% to 3% for deposits from consumers and more
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Leu Mortgage Loans Triple In One Year
07.28.2014
The stock of loans banks granted to those looking to buy a home stood at more than 5.9 billion lei (EUR1.34 billion) in mid this year, almost three times higher than in the year-ago period, according more
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Rise In Leu Lending Unable To Offset Decline In Foreign Currency Loans
07.24.2014
Bank lending fell by almost 4% year-on-year in June, double as much as in May, due to the worsening decline in foreign currency loans and the slowdown of the growth of leu financing. more
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EIB Lends EUR30M To Romanian BCR Leasing For SMEs, Midcaps Financing
07.21.2014
The European Investment Bank is lending EUR30 million to Romanian BCR Leasing to support the undertakings of small and medium-sized enterprises (SMEs), midcap companies and public entities in the more
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Romania’s Most Debt-Laden Counties
07.21.2014
Gorj and Iasi lead by far in the ranking of Romania’s counties with the highest level of retail and corporate loans against the sums in current accounts and deposits set up with banks. The more
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Prodplast Owner Seeks EUR35M Loan To Build Shopping Center In Bucharest
07.11.2014
Romanian businessman Florin Pogonaru wants to borrow EUR35 million to finance the building of a shopping center in Bucharest via his real estate firms Prodplast Imobiliare, whose share capital will be more
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Soceram Shareholders Ok EUR20M Loan, Non-Reimbursable Funds
07.07.2014
Shareholders of construction materials producer Soceram approved the contracting of a loan up to EUR20 million and the accessing of non-reimbursable funds via programs specific to the company’s more
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Garanti Leasing Borrows EUR7M From European Fund for Southeast Europe
07.03.2014
Financial leasing company Garanti Leasing on Thursday said it took out a loan of EUR7 million from the European Fund for Southeast Europe (EFSE) to finance fixed assets on the segment of small and more
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Hidroelectrica Closes EUR75M Credit Line From Citibank
07.01.2014
Romanian insolvent power producer Hidroelectrica has closed a EUR75 million credit line granted by Citibank International in 2009 and plans to pay back loans of EUR39 million by the end of the year. more
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Banking System Reverts To Pre-EU Accession Situation
06.30.2014
The value of private lending, as share in the gross domestic product, has returned to 2007 levels in Romania, and is on the way for further declines. more
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Antibiotice Iasi Extends RON60M Loan Into 2015
06.26.2014
Romanian state-run drugmaker Antibiotice Iasi (ATB.RO) will extend by one year its 60 million lei (some EUR13 million) credit line signed with EximBank in July 2013, according to a shareholders’ more
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Agricover IFN: Lending Demand From Farmers Gone Through The Roof
06.23.2014
Demand for funding from Romanian farmers has gone through the roof, says Robert Rekkers, the general manager of Agricover IFN, the finance unit of the agribusiness group by the same name. more
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Solek Group Draws EUR6.1M Loan From Garanti, OTP To Refinance Solar Parks
06.20.2014
Czech group Solek, developer of green energy projects, has drawn over EUR6.1 million from Garanti Bank and OTP Bank to refinance several solar parks with a total installed power capacity of 8.58 MW. more
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Romania Borrows EUR1B From World Bank For Fiscal, Health Projects
06.17.2014
Romania’s Finance Ministry has borrowed EUR1 billion from the International Bank for Reconstruction and Development to finance fiscal policies and healthcare projects, the ministry said in a more
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Garanti Bank Lends EUR4M To FF Group Romania For Real Estate Project
06.17.2014
Garanti Bank granted a EUR4 million loan to FF Group Romania (former Elmec Romania), for a real estate project downtown Bucharest, an investment worth approximately EUR5 million. more
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Garanti Bank Gets EUR35M IFC Loan To Finance SMEs, Women Entrepreneurs
06.16.2014
The International Finance Corporation, the private sector lending arm of the World Bank Group, approved a EUR35 million loan to Garanti Bank Romania to help finance the country’s small and medium more
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EIB, UniCredit Tiriac Bank To Sign EUR60M Loan Deal Next Week
06.12.2014
The European Investment Bank will extend a EUR60 million financing line to Romania’s UniCredit Tiriac Bank, said Mihai Tanasescu, EIB Vice-President responsible for lending operations in Romania. more
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Unirea Shopping Center To Borrow Up To EUR45M For Investments
06.10.2014
Shareholders of Unirea Shopping Center (SCDM.RO) decided to take a loan between EUR40 million and EUR45 million for investments in the two shopping centers it owns in Bucharest and Brasov, compared more
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Agricover Credit To Borrow RON30M From Oikocredit International
06.05.2014
Agricover Credit IFN, the financing division of Agricover group, will take out a loan of 30 million lei (EUR6.8 million) from Oikocredit International based in The Netherlands. more
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Bankers Sold RON500M Worth Of Mortgage Loans In April
05.28.2014
The stock of leu loans banks granted to home buyers stood at more than 4.9 billion lei (EUR1.1 billion) at the end of April, up about half a billion lei on the previous month, according to central more
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World Bank Approves EUR750M Budget Support Loan For Romania
05.23.2014
The Board of Directors of the World Bank Group has approved a EUR750 million budget support loan (DPL) for Romania, which targets the modernization of public expenditures and improvement in the more
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Azomures Borrows EUR66M To Upgrade Urea Plant
05.21.2014
Romanian chemical fertilizer maker Azomures has borrowed EUR66 million from Czech banks Ceska Sporitelna and Ceskoslovenska obchodni banka to upgrade its urea melt plant, the company said in a more