LENDING
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New Loans To Consumers And Companies Up Almost 8% To RON30.5B In Q1
New loans granted by banks in Romania to consumers and companies stood at RON30.5 billion in the first quarter of 2023, an increase of more than 7.77% on the RON28.3 billion in the year-ago...
JLL: Limited Access To Lending, Young Generations’ Preference For More Flexibility Sparks Demand Growth On Rental Market
The limited access to lending, combined with young generations’ preference for more flexibility, stimulate the rental market and create the necessary framework for the emergence of the built...
EIB: Banks In Central, Eastern And Southeast Europe Expect Rising Demand For Credit
The Bank Lending Survey released by the European Investment Bank (EIB), with a focus on Central, Eastern and Southeast Europe (CESEE), looked into data collected in September 2022 and outlin...
Romania Private Lending Growth Slows Down to 15.9% YoY in August
Private lending in Romania grew by 15.9% in August 2022 compared with August 2021 to RON359 billion, as local currency lending increased by 16.8% and foreign currency lending expressed in le...
Romania Private Lending Grows by 16.8% YoY to RON358.1B in July 2022
Private lending in Romania grew by 16.8% to RON358.1 billion in July 2022 compared with July 2021, as local currency lending increased by 18% and foreign currency lending expressed in lei by...
Raiffeisen Bank Ends 1H/2022 with RON602M Net Profit, Up 50% YOY
Raiffeisen Bank generated net profit worth RON602 million in the first half of 2022, up 50% from the year-earlier period, on soaring lending and a significantly improved risk profile.
Romania Private Lending Grows by 17.5% YoY to RON352.8 billion in June 2022
Private lending in Romania grew by 17.5% to RON352.8 billion in June 2022 compared with June 2021, as local currency lending increased by 19% and foreign currency lending by 13.7%, central b...
CEC Bank Lends EUR5M To RAAL Bistrita To Back Its Current Activity
Romania's state-owned lender CEC Bank has recently granted a loan of EUR5M to cooling systems manufacturer RAAL Bistrita to support the company’s current activity.
Banca Comerciala Romana 1Q/2022 Net Profit Up 12.5% from 1Q/2021 to RON477.5M
Lender Banca Comerciala Romana (BCR), controlled by Erste Group, ended the first quarter of 2022 with net profit worth RON477.5 million (EUR96.5 million), up 12.5% from RON424.6 million (EUR...