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The activity of non-banking financial institutions (IFN), including factoring companies, will be regulated through emergency ordinance and not by law as initially expected (more…)
#bank#bonds#guarantees
The Privatisation Commission has announced the winner of the race for the acquisition of Banca Comerciala Romana (more…)
Banca Comerciala Romana (BCR) has taken a loan from the World Bank s investment arm and plans to use the funds to…
In the first 10 months of this year, BRD-Groupe Societe Generale recorded a total factoring turnover of... (more…)
Raiffeisen Bank has launched a promotional offering for SMEs in the form of... (more…)
Once regarded as an intangible financing solution in Romania, factoring has become a real trade finance alternative for Romanian exporters…
#assignment of receivables#bank#exporters
Market Performance and Supply Factoring, which was introduced to the Romanian market six years ago, experienced some positive developments during…
Despite suggestions it could go another way, the recently appointed Finance Minister, Sebastian Vladescu, announced last Monday that VAT is...…
Romania s Chamber of Commerce and Industry (CCIR) and Volksbank have jointly launched... (more…)
The Ministry for European Integration yesterday launched a new programme aimed at improving SMEs’ competitiveness in view of Romania’s EU…
#exports#smes#training
Raiffeisen Bank signed a loan agreement for 30m euro, the money being aimed at further developing lending activities for SMEs…
#bank#Raiffeisen#Raiffeisen Bank
Factoring may be a solution to the problem of Romanian exports according to (more…)
#bank#exporters#exports
SMEs are being given a helping hand through a special 'business incubator' project launched last week by the United Nations…