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

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

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

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

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

05.15.2014

Foreign markets no longer see Romania as a high risk investment, so the credit default swap level has stabilized at about 150 basis points in the past week after five years of crisis when Romania’s more

05.09.2014

Romanian Banking Association (ARB) considers that the government’s loan restructuring program is rather an electoral measure, Florin Danescu, ARB executive president, told a financial seminar more

05.09.2014

The International Finance Corporation, the private sector arm of the World Bank Group, will provide a $40 million subordinated loan to Romanian lender Banca Transilvania (TLV.RO) to strengthen the more

05.08.2014

Garanti Leasing has signed a five-year loan agreement for EUR7.5 million with Black Sea Trade and Development Bank (BSTDB), which it plans to use to continue lending to small and medium-sized more

05.05.2014

Romania’s Unirea Shopping Center (SCDM.RO) wants to take out a bank loan of up to EUR70 million for investments planned on the two shopping centers it holds in Bucharest and Brasov. more

05.05.2014

The share of homeowners who took out a mortgage loan tripled on the year in 2013, while the average value of a loan reached RON140,000 (EUR31,700), according to a study conducted by local lender BCR, more

04.29.2014

The Finance Ministry has almost EUR8 billion left to repay of the about EUR20 billion record loan it took out together with the central bank from international financial institutions in 2009 by 2023. more

04.25.2014

Romanian commercial lender Banca Comerciala Carpatica (BCC.RO) Friday said it granted a loan worth 9 million lei (EUR2 million) to Genesis Biopartner which will use it to build a new cogeneration more

04.18.2014

The stock of loans granted by non-bank financial institutions (NBFI) has shrunk by almost 6 billion lei (EUR1.34 billion) or 25% to RON18 billion from the end of 2009 through February 2014, according more

04.17.2014

Companies in Romania had EUR11 billion loans taken out directly from banks abroad, mostly from Germany and Austria, at the end of last year, according to Romania’s central bank (BNR) data. more

04.08.2014

A total of 9 billion lei (EUR2 billion) worth of retail loans were more than 90 days overdue at the end of February, written off by banks because chances of recovery were slim to none. Such loans more

04.01.2014

European Bank for Reconstruction and Development (EBRD) will grant a EUR4.8 million loan to public transport company TURSIB to relocate the bus depot in Sibiu city, from its current site in the city more

03.31.2014

The World Bank will extend a credit line to Romania for development projects of EUR1 billion a year for the period 2014-2017, based on a new partnership strategy to be approved by the bank's board on more

03.27.2014

Deutsche Pfandriefbank, Raiffeisen Bank International, Raiffeisen Bank Romania and Erste Group Bank AG will lend EUR220 million to help refinance debt obligations of AFI Europe’s shopping mall AFI more

03.26.2014

The International Monetary Fund has completed the first two reviews of Romania’s economic performance under a two-year precautionary loan agreement, enabling the disbursement of an additional amount more

03.25.2014

Banks are trying to revive sale of consumer loans by charging lower interests and cutting fees, now that the crisis has eaten into their revenue and profits. more

03.24.2014

South-African property investment fund New Europe Property Investments, or NEPI (NEP.RO), got a EUR20 million loan from Garanti Bank to refinance its investment in a shopping mall in Galati, opened at more

03.20.2014

Spirits producer Zarea Bucuresti (ZARE.RO) wants to borrow EUR8 million from BRD and/or Banca Transilvania or other commercial banks. more

03.19.2014

The European Investment Bank (EIB) Wednesday said it will lend up to EUR50 million to Garanti Bank Romania to finance projects promoted by small and medium-sized enterprises (SMEs), mid-cap companies more

03.18.2014

Romanian power supplier and energy trader Tinmar, owned by businessman Augustin Oancea, borrowed EUR7 million from commercial lender Banca Comerciala Carpatica for the development of an 8.5-MW solar more