LENDING
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Ponta Urges Banks To Resume Lending
The biggest challenge for the Romanian economy is the lack of lending as banks have turned into “real estate agencies,” according to Romanian Prime Minister Victor Ponta.
EIB Comes Up With EUR800M To Unfreeze Lending This Year
European Investment Bank (EIB) could increase its exposure to Romania by EUR1 billion to EUR1.5 billion from the current almost EUR10 billion in the next few years.
BCR Says Ready To Help Economy, But Through Leu-Denominated Loans
After extensive restructuring measures, Romania's largest lender Banca Comerciala Romana (BCR) is ready to restart lending to individuals, but only in lei, according to the bank’s strategic...
Negritoiu, ING: Banks Might Reduce Loss Next Year
Lending is unlikely to increase in Romania in the next year and banks will cut provisions, which means they are likely to reduce loss, ING Bank Romania president Misu Negritoiu said Thursday...
ZF Bankers Summit ’13: Only Energy, Agriculture, Public Administration And EU-Funded Projects Are Bankable
Bankers are awaiting the return of economic growth before genuinely restarting lending, but they admit there are good some businesses worth more attention, even at this time, when there are...
Ghetea: Household Lending In Romania Currently Risky
Household lending in Romania is highly risky at the moment as financing requests generally come from people in dire straits, CEC Bank president Radu Ghetea said Wednesday at ZF Bankers Summi...
ProCredit Bank Romania Sees 16% Hike In Loan Portfolio
ProCredit Bank Romania estimates its loan portfolio will grow by 16% to EUR250 million in 2013, from EUR215 million at the end of last year, Andreea Enache, head of the bank’s corporate clie...
Ghetea: Romania Bank Lending Likely To Revive In 3Q
A steady economic growth could prompt bankers to resume lending as of this fall, the head of the Romanian Banking Association said Tuesday.
TBI Bank Bucharest Aims For EUR70M Loans, EUR40M Deposits In 2013
TBI Bank, the Romanian subsidiary of TBI Bank EAD Sofia operated by Dutch financial group TBIF Financial Services, wants to grant loans of EUR60-70 million to individuals and firms and attra...