EximBank is financing Romelectro for a project of EUR 30 M in Egypt


Romanian company Romelectro SA, one of the biggest general contractors in energy projects, is going to implement a project of EUR 30 million in Egypt. In this context, EximBank has granted a multi level financing facility amounting at RON 63 ...

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Which is the common point of UniCredit Bank, MasterCard, GoSwiff and Allianz-Tiriac in Romania?


GoSwiff, global financial solutions provider, along with UniCredit and MasterCard, signed a partnership to launch mobile payments in Romania through mPOS, a press release informs. The partnership is created to enable Allianz-Tiriac Asigurari agents to start accepting card payments with ...

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Fondul Proprietatea borrows RON 1bn from BRD to repurchase shares

fondul proprietatea

Fondul Proprietatea has concluded on Monday a ‘revolving’ credit agreement for a maximum amount of RON 1 billion with BRD – Groupe Societe Generale, which will be used for programmes to repurchase shares, Franklin Templeton Investment Management Limited United Kingdom, ...

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UniCredit, the first bank in Romania issuing Bank Payment Obligation


UniCredit officially launched the first-ever Bank Payment Obligation (BPO) on the Romanian banking market, which is also the first ever concluded by a bank of UniCredit Group in Central and Eastern Europe (CEE), a press release informs. This first BPO ...

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Banca Transilvania: Romania could end 2016 with an economic growth of 5 pc

economic growth

Banca Transilvania estimates that Romania will record an economic growth of 5 percent this year, significantly above the forecasts of international institutions, the macroeconomic report shows. Also, Romania will have a budget deficit of only 2.3 percent of gross domestic ...

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Household loans increased by 50 pc in five months


During January-May, the banks granted new RON-denominated loans for population amounting to RON 12 billion, up by 50 percent compared to the same period of 2015 due to the decrease of interest rates and to the aggressive promotion of loans ...

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