CREDIT CARD
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eMAG To Launch Credit Card, Tap Tourism Market, Sell Casco Insurance In 2017
eMAG, the largest online retailer in Romania, will be launching a credit card, in the second half of 2017, and also plans to enter the tourism market and sell voluntary car insurance policies Casco, eMAG general manager Tudor Manea told a press conference on W...
Credit Cards Trigger RON530M Worth Of NPLs
Banks have 530 million lei (EUR120 million) worth of non-performing credit card loans in their portfolios, many of which sold as an option to consumer loans, reveals the annual financial sta...
Romanians Spend Half The Money On Their Cards To Buy Food, Drinks And Cigarettes
Card holders spent 11 billion lei (equivalent to EUR2.5 billion) on food, beverages and tobacco, half the overall amount spent by Romanians using cards.
Free From BNR’s New Restrictions, Credit Cards Become Bankers’ Next Retail Bet
Now that consumer loans come with heavy restrictions imposed by Romania’s central bank, banks are turning to credit cards, unaffected by the new lending rules.