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Romania

EBRD and IFC plans for Banca Comerciala Romana restructuring

European Bank for Reconstruction and Development (EBRD) and the International Finance Corporation (IFC) have prepared a restructuring plan for the state-run commercial bank Banca Comerciala Romana in which the two financial institution will acquire a 25 per cent stake. The...

#bank#financial institution#international

New financing line for SMEs

The Agency for Small and Medium Enterprises (SMEs) and Banca Commerciala Romana (BCR) signed a contract for a new financing…

#Paid#smes#WHO


Non-reimbursable loans for SMEs in the second phase of...

The second appeal for recommendations of projects within the non-reimbursable financing plan for small- and medium-size enterprises (SMEs) was launched…

#European Commission#Jobs#smes


Central Bank increases by 1% the rate of intervention...

Romania’s Central Bank (BNR) decided to increase by 1% - to 19.25 from 18.25 - BNR’s rate of the intervention…

#bank#banks#guarantee


Banca Comerciala Romana named Best Romanian Bank 2002

The Romanian Commercial Bank (BCR) has been named "Best Romanian Bank" for 2002, by UK financial magazine Euromoney. The bank…

#bank


Banca Comerciala Romana achieve 180% increase in factoring volume...

Banca Comerciala Romana (BCR), the country’s largest state-owned bank and leader in the Romanian factoring market, recorded in the first…

#bank#international#Unicredit


Romania/Bulgaria fund for SMEs

The European Bank for Reconstruction and Development (EBRD) has launched a private equity growth fund for small- and medium-sized companies…


Entrepreneurs look for backing for new Romanian factoring business

Two Romanian businessmen with considerable factoring experience are looking for an investor to help launch a new factoring business in…

#Two


Privatisation of Banca Comerciala Romana to Proceed at Cautious...

It was announced earlier in the month that Romanian authorities had approved the privatisation strategy of Romania’s largest bank, Banca…

#bank#banks#BCR Publishing


Romanian Government to Sell Majority Stake in Banca Comerciala...

It has been reported that the Romanian government plans to sell a 51% stake in Banca Comerciala Romana in 2002.…


Unicredito Italiano Acquires Majority Stake in Demirbank Romania

A 62.5% stake in Demirbank Romania, the company which, according to figures submitted to Factors Chain International for the year…


Two new players in Romanian Market

Two new players have recently joined the Romanian market, The Romanian Commercial Bank and Demir Bank of Romania in offering…

#bank#banks#Two


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