Prime Minister Ludovic Orban said that the Government is currently drafting several state aid schemes aimed at guaranteeing factoring, leasing for the purchase of equipment and guaranteeing the discount of payment instruments. "We are in the process of drafting several state aid schemes.
Italy's BFF Banking Group announced on Thursday it will open a branch in Greece in the year's third quarter, after receiving the necessary permits from the central banks of Greece and Italy.
The group has been supporting its clients in Greece since 2017, having acquired over 100 million euros of requirements from the Greek market.
The Guarantee Fund for the supply of loans to small, medium-sized and large companies with state collateral began operating on Wednesday with high expectations.
These working capital loans will have low requirements and favorable interest rates so as to provide liquidity to corporations during the crisis brought on by the coronavirus pandemic.
Data obtained by Buyshares.co.uk indicates that the banking industry paid ad impression declined by 68.57% in the first 22 weeks of 2020 compared to a similar period last year. The slump is a direct impact of the Coronavirus pandemic that has affected most sectors of the economy.
Reduced banking activity leads to a decline in paid ad impressions
Prime Minister Ludovic Orban said on Friday, at a meeting with leaders of the Romanian Association of Banks (ARB), that the success of the economic rebuilding plan lies in the partnership with the financial and banking systems.