12.11.2024

Patria Credit IFN SA, a non-bank financial institution part of Patria Bank Group, has announced on Dec. 11 that it has signed an agreement with the European Investment Fund (EIF), via the InvestEU more

10.23.2024

The European Investment Fund (EIF) has sealed agreements with UniCredit Bank, Alpha Bank, Libra Internet Bank, BRD Groupe Société Générale, Patria Bank, Intesa Sanpaolo Bank and Garanti BBVA to more

08.03.2023

Exim Banca Romaneasca launched a new guarantee product in the name and on behalf of the Romanian state that facilitates access to finance for companies implementing investment projects in the field of more

09.27.2022

The European Investment Fund (EIF) will provide EUR8.4 million (RON42 million) in guarantees for microfinancing operations worth RON500 million (EUR100 million) carried out by BT Mic, the more

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

01.27.2017

This year's government-guaranteed mortgage lending First Home program would have a guarantee budget of RON2.5 billion, down by RON440 million compared with 2016, according to a draft government more

09.13.2016

Romania’s Finance Ministry has proposed supplementing by RON500 million the guarantee ceiling for the government-guaranteed mortgage lending First Home program. more

06.03.2016

Romania's largest bank BCR, a unit of Austria’s Erste Group Bank (EBS.RO), got additional guarantees of RON88.6 million for the government-backed mortgage lending First Home program, allowing the more

05.10.2016

Romania’s Finance Ministry has proposed supplementing by RON500 million the guarantee ceiling for this year’s government-guaranteed mortgage lending First Home program, in response to the requests more

03.07.2016

Commercial banks will benefit from a guarantee ceiling of RON200 million from Romania's state-owned EximBank to finance SMEs, based on an agreement involving state guarantees for investment loans or more

02.05.2016

Romania's national guarantee fund for SMEs (FNGCIMM) on Friday said it has granted over 1,500 guarantees worth a total RON133 million, under the government-backed mortgage lending First Home program, more

12.30.2015

Next year's government-guaranteed mortgage lending First Home program will have a guarantee budget of RON1.5 billion, according to a government decision. more

10.09.2015

Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) grants guarantees of 100% at most, as of October 1, for bank loans contracted by organizations and federations more

04.21.2015

Applications for guarantees on mortgage loans under the First Home program increased 30% this year and the guarantee fund recommends pre-sale agreements of at least 30 days. more

03.31.2015

Romania’s Farm Loan Guarantee Fund granted guarantees of RON1.5 billion in 2014, for agricultural loans worth over RON2 billion, Ileana Bratu, director within the fund, said Tuesday at the more

02.10.2015

Romanian government on Tuesday decided to assign this year RON350 million (EUR79 million) as guarantees for lending program "First Car", while other banks and non-banking financial institutions can more

02.09.2015

Romanian government will assign this year RON350 million (EUR79.36 million) as guarantees for car loan program "First Car", according to a draft decision which also stipulates that other banks and more

09.26.2014

Romania's national guarantee fund for small and medium sized businesses (FNGCIMM) gave guarantees totaling RON1.8 billion to 6,200 SMEs in January-August, 88% of which were used to finance working more

10.09.2013

Romania’s Government on Wednesday approved an emergency decree that will allow small and medium-sized businesses to access credit lines for working capital of up to RON5 million for a two-year more

10.07.2013

Small and medium-sized businesses will be able to access credit lines for working capital of up to RON5 million for a two-year period that will be 50% guaranteed by the state, under a proposed more

09.27.2013

State guarantees to stimulate private lending have increased from RON3 billion to RON8 billion for the period July 2013-June 2014, after the Government persuaded the IMF and European Commission the more

08.13.2013

Romania’s government will increase funding for this year’s edition of the state-guaranteed First Home mortgage lending program by extra 200 million lei (EUR45.2 million) for the acquisitions of more

12.18.2012

The Romanian state supported “First Home” program will continue next with the state guarantees that were not used in 2012, according to a decision approved by the Government Tuesday. more

11.15.2012

Romania’s Hunedoara energy holding Thursday said it is negotiating with state-run lender EximBank and the Economy Minister, the power producer's majority stockholder, a state guarantee for loans of more

09.24.2012

The Romanian Counter-Guarantee Fund (FRC) said Monday it has provided 12,600 counter-guarantees worth 2.086 billion lei (EUR0.46 billion) since its launch, two and a half years ago. more