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

09.28.2020

Transilvania Nuts, a walnut kernel processor controlled by Levente Bara and Alexandru Chiric, has contracted a loan of EUR2.3 million from lender BRD Groupe Société Générale to cover the more

09.25.2020

Romanians took out almost 1.29 billion worth of new mortgage loans in lei in July, the highest level in seven months, and also 5% higher than in July 2019. more

09.21.2020

AFI Europe Group has received a EUR170 million financing from a consortium of banks made up of Erste Bank Group, pbb Deutsche Pfandbriefbank and Banca Comerciala Romana with a view to acquiring NEPI more

09.21.2020

Romanian airline Blue Air urges the finance ministry to urgently complete the legislation required for the company to benefit from a EUR300 million rescue loan to cover its losses and avoid more

09.18.2020

Bucharest, including Ilfov County, stands out with the highest stock of loans at the end of July 2020, some 53 billion lei, almost 7% more than in the year-ago period, Romania’s central bank data more

09.15.2020

Shareholders of Romanian aircraft parts maker Romaero (RORX.RO) on Tuesday approved a decision to contract some credit facilities from lender CEC Bank within a maximum ceiling of RON59.9 million, more

09.03.2020

Life is Hard (LIH.RO), a software solutions provider listed on the Bucharest Stock Exchange, has contracted a loan of RON1 million from Banca Comerciala Romana (BCR), with a view to developing new more