Speaking at a press conference, Demetrian said that, in the context of stability in what concerns risk levels, the economic environment is highly likely to see sustainable and healthy growth.
According to Demetrian, the lending market has a high growth potential, considering that the weight of bank loans in the gross domestic product reached 32% in 2014, which places Romania last in the region, being outranked by Hungary, with 42%.
Moreover, the housing demand will continue to support the increase in real estate lending, which translates into high potential compared to similar markets, a potential generated by the portfolio of youths aged 20 to 25 who will reach the peak of financial maturity. Real estate lending accounted for 15% of Romania’s GDP in 2014, compared to 21% in Hungary and 22% in Bulgaria.
As regards BCR, Demetrian expects an increase of 15%-17% in financings on the retail segment.
Demetrian concluded saying that 2016 will be the year of challenges which, once overcome, will trigger a ‘revolution’ in the next ten years.