Results 1 - 25 from 28 for "guarantee fund"
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CEC Bank Completes Takeover Of Rural Credit Guarantee Fund From BRD, BCR And Raiffeisen Bank
07.27.2023
Romanian state-owned lender CEC Bank announced that it completed the acquisition of a 99.993% ownership stake in the Rural Credit Guarantee Fund (FGCR) from BRD Groupe Societe Generale, Banca more
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Romania SME Guarantee Fund Reports 7% Higher Net Profit, Of RON34.5M, For 1Q/2022
06.22.2022
Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON34.5 million in the first quarter of 2022, up 7% on the year and 36% more
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Romania SME Guarantee Fund Reports Record Profit, Of RON102M, For 2021
05.11.2022
Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) on Wednesday said it had a net profit of RON102.65 million in 2021, nearly 23% above the targeted level after more
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SME Guarantee Fund Unveils Equipment And Machinery Leasing Program
07.20.2020
Romania’s national guarantee fund for small and medium-sized businesses (FNGCIMM) is diversifying its guarantee offer in order to support the access to financing of small and medium-sized more
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SME Guarantee Fund Available to Take Over Loan Risks
03.17.2020
Romania's national guarantee fund for SMEs said Tuesday it may support businesses and the financial sector by partially raking over loan risks and thus easing access to financing at advantageous more
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Euroins Goes Under Temporary Administration Of Policyholders Guarantee Fund
02.13.2020
Insurance company Euroins, owned by Bulgarian Eurohold group, has gone under the administration of the Policyholders Guarantee Fund (FGA). more
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SME Guarantee Fund 1H Net Profit Surges 50% To RON47.5M
09.03.2018
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SME Guarantee Fund Sets Off First Home Program Whose Budget Reaches RON2B In 2018
01.12.2018
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SMEs Guarantee Fund Issued Record Guarantees to Help EU Fund Absorption
10.17.2017
Romania's guarantee fund for SMEs issued a record number of guarantees in the past three months to increase EU fund absorption by guaranteeing loans for co-financing of rural development project. more
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SME Guarantee Fund to Focus on SMEs as First Home Program Slows Down
09.05.2017
Romania's guarantee fund for small and medium-sized enterprises (SMEs) will focus more on helping businesses secure loans, as a government-backed program for first time homebuyers currently makes up more
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Guarantee Fund: Guaranteed Bank Deposits Rose To RON221B In 1H/2016
08.29.2016
Guaranteed bank deposits of natural persons and legal entities at credit institutions participating in the Romanian Bank Deposits Guarantee Fund (FGDB) rose by RON2.2 billion in the first half of more
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Former Eureko Head Carmen Radu Appointed Head Of Insurance Guarantee Fund
08.19.2015
The board of the Financial Supervisory Authority designated Carmen Daniela Radu Wednesday to head the board of the insurance guarantee fund, set up in July. more
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Petre Tulin Takes Over As Deputy GM Of Bank Deposits Guarantee Fund
06.11.2015
Petre Tulin, general manager of Romanian lender Banca Comerciala Feroviara (BCF), took over the position of deputy general manager of Romanian Bank Deposits Guarantee Fund, the fund said on its more
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SME Loan Guarantee Fund: Value of Payments Requested By Banks For NPLs Rose 45% In 2014
03.16.2015
The value of payment requests submitted by banks to Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) for non-performing loans (NPLs) rose 45% in 2014, the fund said in more
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ASF: Insurers To Pay Higher Contribution To Guarantee Fund Starting January 1, 2015
09.18.2014
Romania’s Financial Supervisory Authority has decided to increase, as of January 1, 2015, the contribution paid by insurance firms to the guarantee fund of insurers (FGA) because damage payments and more
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FRC Granted Counter-Guarantees Worth EUR662M In 2010-2012
03.26.2013
The Romanian Counter-Guarantee Fund (FRC) has granted some 17,000 counter-guarantees worth a total of EUR662 million since its establishment, in 2010. more
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CSA's Guarantee Fund To Cover Damages Of Up To EUR1B In Case Of Major Earthquake
11.27.2012
The guarantee fund of Romanian insurance market regulator CSA will pay damages capped at EUR1 billion in case of major natural disasters if the companies that issued property insurance policies lack more
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SME Loan Guarantee Fund Granted Guarantees Of RON1.3B In Jan-May
06.13.2012
The National Fund Guaranteeing Loans for Small and Medium Enterprises (FNGCIMM) offered 4,100 guarantees to firms in the first five months of 2012, which amounted to 1.3 billion lei (EUR291.5 more
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Government To Set Up Credit Fund To Help Farmers Co-Finance EU-Funded Projects
03.23.2012
The Romanian Government will create a credit fund meant to help farmers who want to carry out EU-funded projects co-finance investments, according to a draft emergency ordinance. more
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Romanians Put Aside EUR5B During Crisis
01.24.2012
Deposits at Romanian banks climbed by almost EUR10 billion in the past three years, as customers adjusted their financial behavior to the economic crisis. more
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Former Insurance Watchdog Chief To Run Guarantee Fund
12.12.2011
Nicolae Crisan, former president of insurance watchdog CSA, was appointed general manager of the Guarantee Fund, a CSA department that protects insurance beneficiaries in case of insurer bankurptcy. more
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Bridge Bank To Get Money From Guarantee Fund's Private Resources
12.03.2011
The private resources of the FGDB, a fund guaranteeing bank deposits, will be used to finance the bridge-bank, while public funds will only be used in the form of a loan granted by the Finance more
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Former Labor Minister Seitan To Head Romania's Private Pension Guarantee Fund
11.25.2011
Romania’s private pension system regulator CSSPP has appointed former labor minister Mihai Seitan to head the private pension guarantee fund for the next four years. more
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Romania To Raise Capital Of SME Loan Guarantee Fund By RON250M In 2012
11.11.2011
The capital of Romania's National SME Loan Guarantee Fund will be raised by 250 million lei (EUR57.5 million) in 2012, according to Prime Minister Emil Boc. more
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Private Pension Guarantee Fund To Have Initial Budget Of EUR500,000 - Watchdog
11.10.2011
The initial contribution to the Romanian private pension guarantee fund will amount to about EUR500,000 and will be paid by private pension fund administrators and pension providers by May 1, 2012, more