LENDING
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Central Bank Governor Urges Banks to Restart Lending
Romanian central bank governor Mugur Isarescu on Monday urged banks to regain their clients' confidence and restart lending, warning a high number of litigations would force them to raise th...
Treichl, Erste: BCR Has High Growth Potential On Lending Segment
BCR has a high growth potential on the lending segment if taking into account similar parameters in Austria and Czech Republic, says Andreas Treichl, chief executive officer of Erste, the Au...
ARB: Mortgage Lending Seen Up, Consumer Lending Down In 2017
This year, mortgage lending will increase, consumer lending will fall, and the banks will focus on granting loans to companies, according to the representatives of the Romanian Banking Assoc...
Bankers See Mortgage Lending Demand Down In 3Q/2016
Local banks expect the mortgage loan and consumer loan demand on the population segment to drop in the third quarter of 2016 compared with the previous quarters, according to a survey conduc...
Non-Governmental Lending Annual Growth Rate Slowdown In June
The annual growth rate of the stock of bank loans to companies and consumers slowed down significantly, following the enforcement of the debt discharge law, as lending only increased by 1.2%...
Banks Granted Private Loans of RON27B in 2015
Private loans totaled RON27 billion in 2015, of which RON20.8 billion were new loans and RON6.2 billion were refinanced and restructured loans, deputy central bank governor Liviu Voinea said...
EIB Loan Signatures In Romania Reached EUR228M In 2015
The European Investment Bank (EIB)’s loan signatures in Romania reached EUR228 million in 2015, bringing the total lending volume in Romania over the past five years (2011–2015) to EUR2.6 bi...
Analyst: Romania Could See Economic Growth Of Over 5% This Year
Romania’s economy might grow by more than 5% this year, as a result of the latest economic developments and the continued rise in consumer spending, Andrei Radulescu, senior economist with B...
Erste: BCR Still Has Over EUR1B Worth Of NPL To Sell
BCR will continue to ”over one billion euros’ worth” of non-performing loans and then focus on growing the business and lending, says Jozef Sikela, member of the Erste Board responsible for...