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Romania

Euler Hermes eyes large business potential in Romania

The Euler Hermes Group has decided to offer credit insurance services in Romania in cooperation with Allianz-Tiriac insurance company in a move to expand its activity in south eastern Europe and to be present in a country with high economic...

EBRD supports small business in Romania

The European Bank for Reconstruction and Development (EBRD) and the European Union (EU) have released Ђ5m to Microfinance Bank MIRO,…

#bank#international#microfinance


EBRD grants Alpha Bank Romania loan facility for SMEs...

The European Bank for Reconstruction and Development (EBRD) has granted a Ђ10 million loan facility to the Alpha Bank Romania…


Banca Comerciala Romana privatisation to be completed in 2006

The privatisation process of Romania’s largest commercial bank Banca Comerciala Romana will be completed by 2006 once the government has…

#bank#IMF#memorandum of understanding


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…

#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

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