loan
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EBRD loan makes Kaufland the most aggressive hypermarket network
Kaufland opened its 42nd discount hypermarket at the end of last week, in Slobozia, bringing its investments in expansion to 30-40 million euros this year, with openings in Bucharest and Res...
ICCO gets 23m-euro loan from UniCredit
Following negotiations that lasted about one year, the ICCO group has contracted a 23m-euro loan from UniCredit Tiriac Bank to continue works in the industrial park of Brasov, a project wort...
NBR: Loan and deposit interests are still too high
The National Bank of Romania considers the average interest rates of time deposits and new loans are still distorted compared with the key interest, so that the monetary policy relaxation pu...
Raiffeisen: The region is not what it was but players remain committed
Things have changed radically in Central and Eastern Europe compared with 2008, with bankers now being concerned about the worsening of loan quality and seeking to find cheaper sources of fu...
How Romstrade managed to take out a 140m-euro loan for infrastructure
Capital Partners M&A consultancy last week brokered a 140m-euro line of credit from the London subsidiary of Credit Suisse Swiss bank for Romstrade constructions firm of Giurgiu controlled b...
Clients have to pass 2% interest rise and 15/25% RON depreciation tests to get a loan
The clients that take out new loans need to be able to cope with increases in interest rates by at least two percentage points and a depreciation of RON by at least 15% against the euro, and...
Altex's Ostahie ventures on banks' turf with personal loan product
Dan Ostahie, the majority shareholder of electrical and IT retailer Altex, plans to consolidate the company's position on the non-bank financial sector through Credex by launching a "Persona...
BCR seeks 50,000 clients for savings and loan products
BCR Banca pentru Locuinte (BCR Housing Bank - BCR BpL), the third player to provide savings and loans products for housing, has targeted 50,000 clients within its first year in business and...
Loan brokers see massive increases
Loan brokers saw significant increases in the value of loans brokered in the first five months of the year, but, even so, the local market remains a long way behind Central and Eastern Europ...