06.20.2016

Real estate developer Practic Bucuresti (PRBU.RO), controlled by businessman Radu Timofte, summoned the company’s shareholders at a meeting scheduled for July 18 to approve the closing of a credit more

06.17.2016

The European Investment Bank (EIB) is lending EUR300 million to Romania in support of priority environment sector projects under the Operational Programme Large Infrastructure during the 2014-2020 EU more

06.16.2016

Romania will borrow EUR175 million from Council of Europe Development Bank (CEB) for the construction of apartments for youths via the National Housing Agency (ANL) program. more

06.13.2016

Consumer loans have gone up 15% to 34 billion lei (EUR7.53 billion) at the end of April, compared with the year-ago period, Romania’s central bank data show. more

05.20.2016

Teraplast Bistrita group (TRP.RO), processor of PVC profiles and manufacturer of building materials and installations, will get a RON13.5 million (EUR3 million) loan from BRD to finance part of its more

05.13.2016

Nidera Romania, the local unit of Chinese-Dutch grain trader Nidera, will borrow $110 million from Raiffeisen, UniCredit and ING, for future projects and transactions, according to the information more

04.28.2016

The leu-denominated loans granted to consumers to buy homes have doubled to 21 billion lei (EUR4.7 billion) in the past year (March 2015 to March 2016), while foreign currency loans dropped by RON3 more

04.05.2016

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03.28.2016

Leu-denominated consumer loans reached 31.6 billion (EUR7 billion) in February, an increase of 14% on the year-ago month. Leu-denominated personal loans therefore reached the highest level since May more

03.16.2016

Romanian port operator Chimpex Constanta has signed a EUR27 million loan agreement with BCR, a unit of Austria’s Erste Group Bank, to build a new grain terminal at the Black Sea. more

03.03.2016

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03.02.2016

Medlife, the biggest private healthcare provider in Romania, will contract a EUR56 million loan from a group of four banks, for acquisitions in the next 18 months, as well as for a new investment more

02.12.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) has secured a syndicated $137 million loan from a consortium led by Raiffeisen Bank International and Raiffeisen Bank Romania. more

02.11.2016

Leu-denominated consumer loans granted by banks reached 33 billion lei (EUR7.3 billion) at the end of last year, an increase of almost 11% on 2014, according to Romania’s central bank data. This is more

02.09.2016

Romanian aluminum smelter Alro Slatina (ALR.RO) has concluded a $60 million loan agreement with the Black Sea Trade and Development Bank, aimed at continuing its investment program this year, the more

01.07.2016

The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per annum on more

12.22.2015

Romanian lender Banca Transilvania has received financing of EUR75 million from the European Investment Bank (EIB), the second tranche of a loan of EUR150 million, which will be used to finance more

12.22.2015

Banks granted 53.5 billion lei (EUR11.9 billion) worth of new leu, euro and US dollar-denominated loans to consumers and companies in the first ten months of the year. New leu-denominated loans more

12.18.2015

The European Bank for Reconstruction and Development (EBRD) will grant a long-term loan worth RON67.5 million (EUR15 million) to Sibiu municipality for the rehabilitation of about 25 kilometers of more

12.16.2015

Agriculture is the only sector that had borrowed more money by the end of October compared with October last year (a 2% increase in loans taken), while the rest of the sectors (industry, services, more

11.25.2015

Leu-denominated loans to consumers and companies peaked at almost 109 billion lei (EUR24.5 billion) at the end of October, an increase of about 17% on the year-ago period, largely because on the rise more

11.12.2015

Banks sold 11 billion lei (EUR2.5 billion) in consumer loans in the first nine months, the highest level in the past six years. Sales of leu-denominated consumer loans were RON3 billion higher than in more

11.03.2015

Romania will borrow EUR175 million from the Council of Europe Development Bank for the construction of approximately 7,000 apartments via the National Housing Agency (ANL) program, between 2016-2020. more

10.27.2015

The European Bank for Reconstruction and Development (EBRD) is granting a syndicated loan of up to RON675 million (EUR153.7 million equivalent) to electricity distribution company CEZ Distributie in more

10.19.2015

Romanian Senate on Monday ratified the agreement whereby Romania will grant a loan worth EUR150 million to the Republic of Moldova, signed in Chisinau on October 7. more