guarantees
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Guarantees for “First home” scheme diminished due to funds not being used
The Finance Ministry has decided to allocate a maximum of 700 million euros in guarantees for the “First home” programme, 30% less than last year, as less than half the 1 billion-euro available guarantees had been used by the end of December.
New guarantees of up to 1.25bn euros for “First home”
The Government can allocate up to 1.25 billion euros for the extension of the First home scheme by guaranteeing home loans, but other guarantee schemes will probably be included in this maxi...
EximBank's insurance company expects 3m-RON business
EximBank, a state-held bank specialising primarily in providing guarantees and funding for SMEs, expects the insurance company it will launch on the Romanian market in the first half of 2010...
Down payment and guarantees currently required for mortgage loans
Those who want to take out a loan for a home should have an at least 15% downpayment ready, but there is also the possibility that the bank could ask for additional guarantees - i.e. mortgag...
Value of requests for guarantees for loans taken out by SMEs doubles
Requests for guarantees for loans taken out by SMEs doubled in January this year against the same time last year, with guarantees worth almost 26 million euros (110 million RON) being grante...
Property Fund demands 1bn-euro guarantees
Management companies, which will take part in the tender to take over the Property Fund (Fondul Proprietatea), might have to offer guarantees worth at least one billion euros to be able to e...
Eximbank focuses on export insurance and guarantees
Eximbank will focus on granting insurance for exports and guarantees as of this year and will also develop products to cover foreign exchange and interest risks, Carmen Radu, the chairperson...
Emerson asks for guarantees
US-based Emerson Electric, a world leader in the electrical engine industry, has decided to invest 125 million euros in Cluj. Its representatives, however, notified the local authorities tha...
5m euro guarantees from Distrigaz hopefuls
5m euro guarantees from Distrigaz hopefuls