LENDING
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Romanians To File 133% Guarantee On Consumer Loans - Draft
Consumer loans will have a maturity of at most five years, and clients will have to guarantee 133% of the loan’s value, while real estate financing in euro will require an advance of at leas...
Analysts, Still Cautious: Lending Could Suffer Again
A faster recovery of lending is not possible on the short term, analysts believe, given the recent weeks’ international market turmoil, likely to lead to rising borrowing costs.
Lending Picks Up: EUR3B In New Loans In Four Months
After two years of decline, private lending has been on the rise for the last four months, with companies borrowing most new money.
Fitch: Forex Lending Could Resume Upward Trend In Romania
Fitch Ratings Thursday warned Romania could see a new spike in foreign currency lending due to prolonged high inflation, which forces the central bank to keep interest rates above eurozone l...
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...
Erste Expects Romanian Lending To Pick Up In Coming Months
Erste Group Bank AG (EBS.RO) Chief Executive Officer Andreas Treichl estimated Friday Romanian lending will pick up over the next period as the economy rebounds from the crisis.
Volksbank Head: We Won’t Resume Loan Sales Aggressively
Austrian-owned Volksbank, which ranks eighth by assets in Romania, wants to gradually resume retail lending, frozen over the past two years, but its officials say it will focus more on trans...
Good News For Bankers: Private Lending Is Thawing
May brought the fastest monthly advance of private lending in the past year, 1.5%, showing that bankers are successful in finding more clients to sell loans to.
Swiss Franc Loans Cause Trouble To Banks And Clients Alike
Loans in Swiss francs, used in boom years as a means of stimulating sales thanks to the low nominal interests, are now troublesome for bankers as well, not just for clients who chose to borr...