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In the first nine months of 2004, BRD – Groupe Sociйtй Gйnйrale recorded a volume of Ђ80m from factoring operations, which represent an increase of 184 per cent compared to 12 months of last year. From the total amount, Ђ31m...
Finansbank Romania has obtained a Ђ15m syndicated loan arranged by Alpha Bank's London branch, The Bank of New York and…
#bank#business finance#exports
Commercial banks are set to cut interest rates on loans in the coming weeks. Yet, the cut will only be…
#bank#banks#interest rate
Small- and medium-sized enterprises (SMEs) acting in industry and services have been on the increase, unlike SMEs dealing in trade,…
#funding#international#smes
Romania's Export Import Bank, Eximbank SA, launches on September 1 the autumn campaigns designed to support exporting business operators. Facilities…
BRD - Groupe Societe Generale, the Romanian-French banking group, said it would grant small and medium-sized enterprises (SMEs) leu and…
Romania’s central bank (BNR) cut its key interest rate by 75 basis points yesterday, moving ahead with a gradual monetary…
#bank#banks#inflation
In the first five months of the year the volume of domestic factoring operations of BRD – Groupe Sociйtй Gйnйrale…
#bank#insolvency#management
“Factoring in Romania is still at an early stage: the beginnings go back only to 1995 when one of the…
Raiffeisen Bank and the European Investment Fund (EIF) have signed a Ђ40m accord to guarantee loans for Romanian small- and…
The Privatisation Authority's (APAPS) commission conducting the privatisation process of Banca Comerciala Romana has asked its legal consultant, Nestor&Nestor, to…
The Businessmen's Association of Romania (AOAR) warned Romanian companies that they would face very high costs resulting from the country's…
#funding#GDP#liquidity
Romanian - Norwegian trade exchange continued to show growth last year and reached US$190 million, compared to US$170 million in…
#exports#trade