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Romania

EBRD, EU and OTP Bank Romania help SME sector

Entrepreneurs across Romania will have more access to finance to build or expand their businesses with the help of a EBRD loan to OTP Bank Romania, a subsidiary bank of OTP Bank Group of Hungary (more…)

#Access to Finance#bank#European Commission

Misu Negritoiu takes the reins of ING Romania, announces...

Misu Negritoiu will become chief executive of ING Bank Romania as of 1 August, as well as chairman of the…


Eximbank adapts products to EU competition standards

Romanian Export-Import Bank announced yesterday that it has launched new products for small- and medium-sized enterprises (SMEs) and exporters (more…)

#bank#exporters#exports


BRD-GSG launches full package for SMEs

BRD Group Societe Generale yesterday launched a complete product offering focusing on small- and medium-sized enterprises made up of two…


Government seeks to support SMEs during EU integration

Government officials consider that SMEs are the engine of the national economy, but this sector is lacking the skilled personnel…


Raiffeisen Bank announces new SME fund

The targeted clients are SMEs operating in towns with less than 50,000 residents, said bank officials (more…)

#bank#Raiffeisen#Raiffeisen Bank


Eximbank supports SMEs with two new programmes

The Eximbank of Romania is to launch two new products mainly dedicated to small- and medium-sized enterprises (SMEs), said bank…

#bank#interest#interest rate


Companies improve financial indices, BNR study

Companies in Romania improved their financial indices, according to a study by the National Bank of Romania (BNR), regarding the…


SMEs to pay 16% tax on profits in 2007

Public Finance Minister Sebastian Vladescu, announced that Romanian small- and medium-sized enterprises (SMEs) will pay profit tax of (more…)


BNR approves regulations for non-banking institutions

Some of the domains of activity of the IFNs are the funding of the commercial transactions and factoring operations, leasing…


SMEs bankruptcy rate after accession overestimated – ANIMMC

In recent months, all kind of speculations have been made on the number of SMEs that would go bankrupt after…

#conference#exports#smes


SMEs' development weakened by lack of credit

Company crediting by banks is still at a low level in Romania compared with other states in the region, which…

#bank#regulation#risk

State backs Banca Comerciala Romana takeover

The Prime Minister met the general manager of Austrian Erste Bank to discuss the final stages of Banca Comerciala Romana…

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