CONSUMER LOANS
17 articole · RSS
Decline In Consumer Loan Stock Is Bad For The Economy
Consumer loan stock fell by the equivalent of 21 billion lei (EUR4.6 billion) in July, from the record high reached in February 2009, when the financial crisis hit Romania.
Ostahie: Central Bank’s Key Rate Cut Was Good, As It Revived Consumer Lending
The Romanian central bank’s recent cut in its monetary policy rate triggered an increase in loan-based sales of electronics and IT products, one of the sectors that has been affected by the...
Romanian Consumer Lending Companies Granted EUR195M Financing In 1H, Down 13%
Non-banking financial institutions members of the ALB Romania association, which make up for 84% of the local consumer lending market, granted financing of EUR195 million in the first half o...
Romanian Consumer Lending Companies Granted EUR512.4M Financing In 2012
Non-banking financial institutions members of the ALB Romania association, which make up for 86% of the local consumer lending market, granted financing of EUR512.4 million last year, the as...
Isarescu Says Long Maturities On Consumer Loans Pointless
Romanian central bank governor Mugur Isarescu Wednesday said the bank’s new regulations to limit the maturity of consumer loans should be interpreted as a “return to normalcy,” because matur...
Bankers Raise Leu Consumer Loan Rates Again
Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The ex...
BNR Plans To Cap Consumer Loan Maturity At 5 Years
Romanian banks may have to reduce the maturity of consumer loans to five years from 20 currently, while extending minimum guarantees to 133% of the loan’s value, according to a draft regulat...
Unicredit: Leu Consumer Loans Market Is Shaping Up
The rising euro financing costs, particularly for consumer loans, will spur the shaping up of a market of consumer loans in lei, says Rasvan Radu, executive vice-president with UniCredit Tir...