LENDING
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New Loans Grow 32% in Romania in January-April
New loans granted by banks in Romania grew 32% in annual terms in the first four months of the year, to RON34 billion, data from the Romanian banking Association showed Tuesday.
Patria Bank Seeks To Boost Lending By 23%, Assets By 10% In 2021
Patria Bank, held by private equity fund Emerging Europe Accession Fund (EEAF), plans to increase lending by 23% to RON2.19 billion, which will increase the bank’s assets by 10% up to RON3.7...
Corporate Lending Up More Than 14% in March
Corporate loans have become the lending driver in Romania, with the volume going up 14.4% to RON81.9 billion in March over the year-ago month.
Corporate Lending Up to RON3.9B in October, 14-Year Monthly Peak
Banks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level o...
Corporate Lending Growth Picks Up Speed in September
September came with a fast-paced rise in corporate lending, after a visible rebound in the summer months, when it recovered from the decline in the spring months caused by the lockdown due t...
Consumer Appetite for Mortgage Loans Remains High
Romanian consumers took out almost 1.26 billion lei (EUR260 million) worth of new mortgage loans in lei in September, the second highest level in the first nine months of 2020, and 4% higher...
Lending to Agriculture Sector Up Over 12% in August
Lending to agriculture sector rose by 12.4% at the end of August 2020 compared with the year-ago month, tripled the total private lending growth rate, Romania’s central bank data show.
New Corporate Loans in Lei Rise 13% to RON2.9B in August
The summer months came with a rebound in corporate loans after lending plunged by annual rates of 20% to 30% in the spring due to the lockdown required by the COVID-19 pandemic.
Central Bank Survey: 75% of Companies Didn't Use Bank Financing in Last 12 Months
Internal sources remained the main financing sources for Romanian companies in June 2019-May 2020 , mainly due to substantial growth in profit reinvestment and assets sale, while bank loans...