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LENDING

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Demetrian, BCR: Retail Lending In Romania To See Double-Digit Growth In 2016
Banks-Insurance

Demetrian, BCR: Retail Lending In Romania To See Double-Digit Growth In 2016

Retail lending will see a double-digit increase in 2016, mainly on the consumer loans segment, considering that low interest rates offer favourable conditions to finance private consumption,...

Ecaterina Craciun · 21.12.2015 · 16:31 · 1 min
Lending Return To Growth Postponed For Later Date
Banks-Insurance

Lending Return To Growth Postponed For Later Date

Lending caused a negative surprise in July after a first half when its decline had gradually slowed down, reaching a mere 0.1% in June and fueling hope that the loan stock would see annual g...

Loredana Frățilă-Cristescu · 26.08.2015 · 00:00 · 1 min
Life Insurance Market Seen Growing On Lending Revival - Metropolitan Life
Banks-Insurance

Life Insurance Market Seen Growing On Lending Revival - Metropolitan Life

The lending revival will boost the life insurance market in 2015, which will be the only source of growth of underwritings on this segment, according to Emilia Bunea, CEO with Metropolitan L...

Manuela Panescu · 14.07.2015 · 14:09 · 1 min
Macroeconomics

Government Hikes Lending Threshold For EU Funds By RON1B

The Romanian Government increased the threshold for net lending to cover the payment requests within the European Union financed projects by 1 billion lei, to a total RON5 billion.

Manuela Panescu · 01.07.2015 · 15:41 · 1 min
BNR: Romania Private Lending Rises In May
Macroeconomics

BNR: Romania Private Lending Rises In May

Romanian private lending stopped its decline in May, rising 0.8% in real terms against the previous month, after a 0.3% decrease in April, central bank data showed Thursday.

Bogdan Neagu · 25.06.2015 · 12:58 · 1 min
Banks-Insurance

Lending Demand In Agriculture, Industry On The Rise In April

The agriculture and industry sectors registered a positive lending demand in April compared with the same period a year ago, while financing to construction sector fell 8%, according to data...

Manuela Panescu · 15.06.2015 · 16:21 · 1 min
RBI: Romania To See Biggest Lending Increase In SEE By 2019
Banks-Insurance

RBI: Romania To See Biggest Lending Increase In SEE By 2019

Romania will register by 2019 the highest increase in lending among South-East European countries, with an average annual rate of 12.4%, on the back of economic recovery and low interests th...

Oana Gavrila · 10.06.2015 · 16:28 · 2 min
Erste CEO Announces Structural Transformation Of BCR’s Corporate Lending
Banks-Insurance

Erste CEO Announces Structural Transformation Of BCR’s Corporate Lending

BCR needs to ‘structurally’ improve its relationship with the corporate customers and to do so it will completely reassess the lending products and processes on this segment, says Andreas Tr...

Loredana Frățilă-Cristescu · 03.06.2015 · 11:35 · 4 min
Isarescu: Which Bank Will Grant Loans If Debtors Repay With Buildings?
Banks-Insurance

Isarescu: Which Bank Will Grant Loans If Debtors Repay With Buildings?

Any legislative act that will allow debtors to repay their loans with the mortgaged properties will totally inhibit lending, said Mugur Isarescu, governor of the Romanian central bank.

Bogdan Neagu · 26.05.2015 · 16:11 · 1 min