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

09.05.2016

Romanian brick maker Cemacon Cluj (CEON.RO) approved the contracting of a loan worth maximum RON60 million, of which RON55 million for refinancing and RON5 million for working capital, the company more

09.05.2016

The European Bank for Reconstruction and Development (EBRD) is providing a EUR25 million loan to Universal Alloy Corporation Europe (UACE), a producer of aluminum components for the aerospace industry more

08.23.2016

EximBank won the auction organized by Romania's state-owned postal operator Posta Romana and will grant the postal operator a loan worth RON60 million for financing working capital. more

08.18.2016

EximBank and Raiffeisen Leasing have concluded a partnership whereby the bank grants a loan worth RON70 million to Raiffeisen Leasing. more

08.09.2016

Adval Asset Management, supported by JLL’s Capital Markets team, has successfully secured the refinancing of EUR6 million of Cascade Offices located in Romania’s capital city Bucharest. more

08.08.2016

OTP Bank Romania will launch the loan for pre-financing the subsidies granted by agriculture support agency APIA, for legal entities, registered sole traders, family businesses and individual more

07.18.2016

The mortgage loan market will register a positive evolution on medium and long term, given the economy and real estate market trends, according to OTP Bank representatives. more

07.15.2016

The European Investment Bank (EIB) is lending EUR360 million to Romania to finance the national contribution to growth-oriented investments during the 2014-2020 EU programming period under Operational more

07.11.2016

New loans for consumers beat new corporate loans in Romania for the first time ever. After having had to deal with corporate insolvencies in the range of billions of euros, banks prefer to work with more

06.28.2016

Dutch dairy producer FrieslandCampina, which owns Napolact brand on the Romanian market, borrowed EUR150 million from European Investment Bank (EIB) for research and development activities in more