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Coface Intercredit Romania, one of the country's top risk management companies, insured commercial loans totalling (more…)
#insurance#management#risk
Head of the National Agency for Small and Medium Enterprises, Eugen Ovidiu Chirovici, yesterday opened the fourth SME Fair, which…
Factoring activities of the Romanian Bank for Development (BRD) have increased by 200% in comparison to the same period last…
#bank#insolvency#international
Finansbank Romania will increase its loan resources for foreign trade and SMEs by Ђ10m from new subordinated and syndicated loans,…
A normative act that will facilitate access of small- and medium-sized enterprises (SMEs) to micro-credits has been adopted last week…
Through its Romanian representative office, American-based financial holding Magnus LLC has launched a US$50m loan programme for Romanian companies that…
#guarantees#interest#interest rates
Ovidiu Nicolescu, president of the National Council for Private Small- and Medium-Sized Enterprises, said 20-25 per cent of Romanian SMEs…
The central bank (BNR) lifted restrictions on Romanian companies' hard currency acquisitions from 24 February 2005. Previously Romanian companies were…
Eximbank will launch foreign currency exchange risk operations in March to support exporters, bank president Mariana Diaconescu said last week.…
Romanian central bank decreased its key interest rate by 72 basis points to 15.75 per cent p.a. Central bank reacted…
#bank#inflation#interest
The European Bank for Reconstruction and Development (EBRD) is increasing its exposure to Banca Transilvania by a further Ђ7.5m, as…
#bank#international#Raiffeisen
The increasingly stronger position held by large foreign banks on central and eastern European markets, Romania included, tends to seriously…
#bank#banks#smes
France's Societe Generale, majority owner of BRD-Groupe Societe Generale, bought the state's remaining 7.3 per cent last week. AVAS said…
#acquisition#bank#investment