LENDING
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Petculescu, Bancpost: Bankers Only Pretend To Lend By Stealing Clients From One Another
Bankers now only pretend to grant loans, by fighting to take clients from one another, says Elena Petculescu, honorary president of Bancpost. “I am very happy that we ourselves get new clien...
Bankers On BNR's New Restrictions: We Need Low Interests On Leu Loans, Not Regulations
The current anomalies of the retail lending market have been generated by regulations imposed by the National Bank of Romania, or BNR, at some point, as solutions to certain situations, but...
Banks Extend Promotional Lending Offers Over Summer
Banks are toughening the fight over loan refinancing, the only segment that seems to have a growth potential amid lingering market uncertainty. Back in the spring, however, they said this “w...
Popa, BNR: Stronger Swiss Franc Unlikely To Push NPLs Higher
Romanian banking sector is not likely to experience a substantial increase in non-performing loans following the leu’s depreciation against the Swiss franc, central bank deputy governor Cris...
Romania’s Loans-to-GDP Ratio Lowest In CEE – Fitch
Romania ranks last based on lending and asset quality among twelve emerging countries in Central and Eastern Europe, according to a Fitch Ratings survey released Thursday.
Unicredit: Leu Consumer Loans Market Is Shaping Up
The rising euro financing costs, particularly for consumer loans, will spur the shaping up of a market of consumer loans in lei, says Rasvan Radu, executive vice-president with UniCredit Tir...
Bankers Teach Clients To Borrow In Lei By Making FX Loans More Expensive
Bankers have radically changed consumer loan prices after the shock of the leu depreciation of 2008-2009, which reminded them the foreign-exchange risk is not just in books, and at present l...
Ghetea: Private Lending Will Recover In H2
Romanian private lending is poised to pick up in the second half of 2011, albeit at a slower pace compared with pre-crisis levels, said Radu Ghetea, head of Romanian Banking Association.
Lending Revival: BCR Collects 75,000 Consumer Loan Applications In 6 Weeks
BCR, the biggest bank on the Romanian market, has seen daily applications for consumer loans double in the six weeks since launching a campaign to promote leu-denominated funding with a fixe...