loan
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RCS hires Credit Suisse to get it 200 million euros
Telecom operator RCS&RDS, whose annual revenues stand at 400 million euros, has hired Credit Suisse First Boston investment bank to get it more than 200 million euros from the financial market in form of a seven-year loan, market sources told ZF.
EC loan tranche strengthens NBR reserve
NBR's foreign currency reserve added almost 700m euros in March after the 1.4bn-euro tranche from the loan the state contracted from the European Commission was disbursed, thus climbing to 3...
Banker: Loan value could be reduced to have lower instalments
A banker proposes as a first to write down loan amounts in order to unfreeze the banking market.
Băsescu: We're going to the IMF, nobody will lend us long-term money
President Traian Băsescu officially admitted in a speech before the Parliament that Romania would sign a new loan agreement with the International Monetary Fund (IMF) in 2011.
Loan demand rises in July
Bankers were taken by surprise in July, when more than 327,000 clients applied for a loan, with their number being almost three times higher than the monthly average during the January-June...
Loan interest rates will not fall any further because they are low enough, say bankers
Bankers sell consumer and mortgage loans cheaper than a year ago, but warn that interest rates will not fall further in the coming period because a low has already been reached, and in addit...
Just 5% of Romanians living in cities want to take out a loan
One out of three Romanians living in cities has a loan to pay back and just 5% of city residents want to take out a banking loan this year, reveals a survey published in the 2010 Financial R...
Bad payers cause Bihor bankers headaches
Bankers are facing ever growing problems related to late loan payments, with the total value of the population's and companies' overdue payments climbing by 44% since the start of the year,...
Instalments for three rooms: from 600 to 350 euros in two years
The monthly instalment of a loan for the purchase of a three-room apartment in Bucharest has dropped from around 600 euros to 350 euros in less than two years amid the almost 50% lower price...