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Romania

Specialised financial service companies eye the market

Companies that provide financial services from the European Union continue to notify the NBR (National Bank of Romania) of their intention to provide services directly on the Romanian market on the strength of the financial European passport (more…)

#bank#financial services#international

Credit Europe Bank approaches SMEs through regional centres

Credit Europe Bank, the former Finansbank, intends to attract 6,000 clients this year on the segment of small and medium-sized…


BRD factoring operations, up over 150 pc

BRD Societe Generale last year registered turnover from factoring operations of approx EUR328m, 152 per cent up on 2005, the (more…)

#bank#import factoring#Societe generale


Romania 2006-07: Acceleration and accession – the watchwords for...

Mihaela Dimitriu, Director Factoring Division, BRD - Groupe Societe Generale SA on the prospects for Romanian factoring activity this year…

#ABN AMRO#Allianz#bank


Banks pump hundreds of millions of euros into SMEs

As the market of funding for the SME client segment took off in 2006, several players in the system introduced…

#bank#banks#funding


EBRD grants EUR200m to BRD for onlending

Romanian bank BRD-Groupe Societe Generale and the European Bank for Reconstruction and Development (EBRD) signed an agreement (more…)


BCR Leasing to start factoring services

BCR Leasing received its shareholders' approval to expand its business by including such operations as factoring, discounting and forfeiting services…


BRD sales turnover tops EUR240m in first 10 months

BRD Group's factoring department achieved a sales turnover of euros 243m in the ten months to 31 October 2006, on…


Factoring growth will come from SME demand, says Lublinski...

Romania's factoring industry holds significant growth potential as we enter the final weeks of 2006, according to Ryszard Lublinski, general…


ING Commercial Finance confirms GM role

ING Commercial Finance (ING CF) Romania has confirmed factoring veteran Ryszard Lublinski as the business unit's new (more…)


ProCredit Bank receives syndicated loan for SMEs support

ProCredit Bank and Citibank Romania signed an agreement regarding a syndicated loan with a five-year maturity, to use in financing…

#bank#investment#smes


ABN AMRO Romania focusses on SMEs

ABN AMRO Romania intends to remain a niche bank, focusing on the small- and medium-sized enterprises (SME) sector and takes…

Compania de Factoring eyes turnover growth in 3 years

Compania de Factoring, a company specialised in funding receivables, intends to achieve a turnover worth over euros 550m in the…

#bank#Commerzbank#funding

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