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The European Investment Bank (EIB) and BRD Groupe Societe Generale SA have signed an agreement for EUR 100 million to finance projects which will contribute to increasing employment, improving access to financing for Romanian SMEs and boosting the competitiveness of...
#bank#economic recovery#innovation
The European Investment Bank (EIB) and ING Bank Romania has signed a loan contract for EUR40 million in Bucharest. (more…)
#bank#funding#ING
EBRD to provide EUR80 million facility to Banca Comerciala Romania (BCR). (more…)
#bank#funding#smes
Insolvency specialists, Casa de Insolventa Transilvania (CITR), names five main reasons for business insolvencies. (more…)
#insolvencies#insolvency#management
UniCredit Tiriac Bank s volume of factoring operations amounted to some EUR 796 million in 2012, similar to the level…
Romania's factoring market has seen significant growth, increasing by 12.8 per cent year-on-year in 2012 to reach a new record…
Banca Comerciala Rom na sees massive rise in factoring business in 2012. (more…)
#bank#non-recourse factoring#recourse factoring
The International Finance Corporation and Banca Transilvania are expanding their partnership by increasing financing available for small importers and exporters…
#bank#exporters#guarantees
The International Finance Corporation (IFC) and Garanti Bank are joining forces to expand the availability of trade finance for importers…
The Romanian factoring market increased by 43 per cent in 2011, reaching a volume of almost EUR 2.6 billion, according…
The International Finance Corporation (IFC) has provided a 22.5 million euro loan to Garanti Bank Romania to help finance SMEs…
#bank#financial services#international
The European Investment Fund (EIF) and UniCredit Tiriac Bank S.A. have signed a guarantee agreement under the Joint European Resources…
#bank#EIF#guarantees
Banks will no longer have to pay VAT when selling non-performing loans to other entities, such as foreign subsidiaries, other…