M Core secures €175 million financing from Alpha Bank Group
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
Alpha Bank Group has provided a €175 million financing to the British M Core for the acquisition of several shopping centres in Romania.
Distribuție Energie Oltenia (DEO), the electricity distribution company part of Evryo Group, has signed a large scale syndicated loan.
Alpha Bank Romania will be merged into UniCredit Bank Romania, creating the third banking group by assets in the country.
The syndicate of banks included CEC Bank and Alpha Bank Romania and the facility granted is secured by a guarantee issued by Exim Banca Românească.
Alpha Bank Romania announces the re-launch of the application, products and services taken over from Orange Money Romania.
Total assets reached €4.7 billion at the end of the first quarter, up 8% compared to the first quarter of 2023.
The funds will be utilized to refinance the development of 40 green logistics buildings (Green buildings) of Class A.
In 2023, Alpha Bank Romania continued to adapt to challenges and changes in the macroeconomic environment.

Romania posted in November in the highest inflation rate in the European Union, according to statistical office Eurostat.
DP World has expanded its operations in Romania with two new mobile harbour cranes and a 119,000 sqm multimodal terminal platform at Constanța South Container Terminal.
Romania's Competition Council has fined three companies a total of RON 135.2 million (€26.6 million) for anti-competitive agreements in the heated tobacco products market.
Ebury, the global fintech specialising in international payments and FX risk management, has appointed Cosmin Bucur as its new Country Manager for Romania.
Croatia, Czech Republic, Hungary, Poland, Romania and Slovakia have recorded an 18% increase in banking assets between 2021 and 2024.