05.03.2023

The European Investment Fund (EIF) has signed a RON45 million (EUR9.1 million) loan with Agricover Credit, the main specialized financial services provider for farmers in the Romanian market. more

04.18.2023

Investment fund VR Business Capital, controlled by Victor Angelescu, has acquired 49% of the shares of Sfera Credit, a non-banking financial institution that grants online loans, a business that is more

03.31.2023

Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2022 registered EUR1.55 million net profit and reported 22% portfolio expansion, to EUR32.5 million. more

03.17.2023

Credit Europe Bank Romania in 2022 generated net profit worth RON34.5 million, down from RON70 million in 2021, amid ongoing digitalization investments. more

02.15.2023

Austrian company Enery Power Holding, also present in the Czech Republic, Slovakia and Bulgaria, has signed a senior term loan and revolving credit facilities agreement for the acquisition of an 81MW more

02.02.2023

Romanian producer of organic agricultural products, Norofert (NRF.RO), announced in a stock market report on Thursday (Feb 2) that it signed a revolving credit contract with the Export-Import Bank of more

01.12.2023

Real estate developer Globalworth, one of the leading investors in office space in Central and Eastern Europe, has signed financing contracts for two new credit facilities worth EUR160 million, with more

12.21.2022

Law firm Wolf Theiss has advised AFI Europe on obtaining a EUR450 million credit facility for the purposes of refinancing its three shopping centers in Romania – AFI Cotroceni in Bucharest, AFI more

12.19.2022

Law firm Tuca Zbarcea & Asociatii advised the banking syndicate consisting of Banca Comerciala Romana (BCR), as coordinator and lender, Raiffeisen Bank, BRD Groupe Société Générale, Banca more

12.15.2022

The fifth edition of the Financial Reporting of European Banks report by Mazars, the international audit, tax and advisory services company, focuses on European banks’ expected credit loss (ECL) more

12.09.2022

Romgaz during the general meeting of Thursday approved an increase in the credit facility limit by RON70 million, namely from RON350 million to RON420 million, and the one-year extension of the more

12.05.2022

Patria Credit IFN SA, a non-banking financial institution part of Patria Bank Group, has signed a new guarantee agreement with the European Investment Fund (EIF), within a RON205 ceiling, which will more

10.03.2022

Vista Bank has successfully completed the merger with Crédit Agricole Romania, according to a statement. more

09.21.2022

AVBS Credit, a Romanian broker for banking services, intermediated sales of bank and non-bank loans in the amount of EUR42.5 million in the first seven months of 2022, 17% more than in the same period more

09.15.2022

Investment fund The European Fund for Southeast Europe (EFSE) has extended a EUR8 million credit line granted to Libra Internet Bank. more

09.13.2022

Real state developer One United Properties wants to contract a EUR25 million credit facility from Banca Transilvania to finance and refinance One Cotroceni Park, a mixed-use real estate project more

08.02.2022

The European Bank for Reconstruction and Development (EBRD) is enhancing food production and security in Romania and beyond by approving EUR20 million to Agricover Credit IFN, a non-bank agricultural more

05.30.2022

Agrinvest Credit IFN, a company specialized in financing the Romanian agricultural sector, on Monday said it plans to grant new loans worth over RON45 million in 2022 after the volume of loans granted more

05.24.2022

DRUID and Transilvania Leasing & Credit, one of the most experienced Romanian players on the local credit market, announced the implementation of a conversational artificial intelligence (AI) solution more

05.02.2022

Credit Europe Bank Romania on Monday said it ended 2021 with a net profit of RON70 million, compared to loss of RON17 million in 2020. more

03.23.2022

Credit Europe Bank Romania becomes a partner of the Romanian Fintech Association (Rofin.tech), an association that includes companies founded by Romanian entrepreneurs, which develop technological more

03.18.2022

Patria Credit, a non-banking financial institution part of Patria Bank Group, in 2021 posted EUR1.59 million net profit, up 42% from 2020, while its loan portfolio expanded by 32%, to EUR26.6 million. more

02.23.2022

The Bihor County Council has signed a credit contract of RON100 million (EUR20 million) with lender Raiffeisen Bank, with a 12-year reimbursement period. more

01.27.2022

ING Bank Romania has granted the second loan facility of RON10 million (EUR2 million) to the company Agrinvest Credit IFN specialized in financing the Romanian agricultural sector. more

12.24.2021

Romanian regional investment fund SIF Transilvania has signed with lender Banca Comerciala Romana a revolving credit agreement for the amount of RON90 million, for a 12- month period, intended for the more