Romexterra Leasing borrows 18m euros

Following the shareholders’ approval, Romexterra Leasing will take out several lines of credit worth 18 million euros from three local banks and from an international financial institution. The company will take out a loan worth 7 million euros from Unicredit Romania, of the equivalent to 3.5 million euros is available in RON, and a 5 million-euro credit from Volksbank Romania. Romexterra Leasing will also take out a line of credit worth 4 million euros from Bancpost and a loan worth 3 million euros from the Black Sea Trade & Development Bank. Romexterra Bank is the company’s majority shareholder, controlling 89.59% of the capital, followed by Petromservice and Grup Servicii Petroliere (Petroleum Services Group), with 2.21% each, as well as others – with 5.99%. Romexterra Bank intends to open 12 offices in Medias, Satu Mare, Pitesti, Galati, Bistrita, Reghin, Arad, Miercurea Ciuc, Marghita, Targoviste and Deva.