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Maximum Discretion About Bankers’ Proposals For Draft Restricting Lending To Individuals
Tuesday is the deadline by which the Romanian National Bank accepts comments and proposals on the draft regulation set to drastically restrict lending in foreign currency to individuals, but...
Will Bankers Cut Leu Loan Costs To Counter Restrictions On Forex Loans?
For a loan of EUR40,000 or the equivalent in lei, the difference between the monthly installment on a leu-denominated and a euro-denominated loan is of around EUR85. In 30 years, clients pay...
Investors Abandon Leu And Bucharest Shares Fearing Italy Debt Problems
The leu and the Bucharest Stock Exchange fell 2% in the past two days, after international investors responded anxiously to fears that Italy and potentially even Spain could face similar pro...
Foreign Currency Borrowers - From Yesterday's Dream To Today's Nightmare
Clients with high incomes, wooed by bankers during the boom years with high foreign currency loans and installments as high as three quarters of their salaries at times, are now giving banke...