CORPORATE LENDING
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New Corporate Loans Picked Up in September
September brought a corporate lending rebound, after the August slowdown. Banks operating on the Romanian market granted new RON-denominated loans of RON3.77 billion to companies, up 31.6% from August 2021.
Trend Shift: Foreign Currency Credits Replaced By Leu Lending
Leu-denominated loans to individuals and companies rose in February by the equivalent of 250 million lei (EUR55 million), half the growth clip registered in January, but, despite the slower...
Fast Key Rate Decline Encouraged Firms To Take Out RON1.6B Loans In Two Months
Lower interest rates do manage to stimulate the demand for loans, as proved by the 2% increase in leu-denominated loans in September after the 3-month ROBOR (the offered rate on the interban...
UniCredit CEO: Corporate Sector Is Still Suffering
Consumer loan demand is showing signs of growth, but it is not the healthy result of wage raises, instead reflecting the need for money of people short on cash, says Rasvan Radu, CEO of UniC...