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Loan To Deposit Ratio Reaches 93% In May
The loan to deposit ratio, one of the indicators of the lending potential of the banking system, reached 93% at the end of May, the highest this year, driven by the resurgence of loan sales...
EBRD Mulls EUR15M Loan For Road Infrastructure In Sibiu
European Bank for Reconstruction and Development is considering providing a loan of up to EUR15 million to Sibiu Municipality to finance key investments in the urban transport sector and rel...
Corporate Lending NPL Ratio Twice As High As Retail NPL Ratio
Corporate lending recorded the highest non-performing loan ratio during the crisis, which peaked at 24% in the first half of 2014. Swiss franc and euro-denominated loans saw the highest NPL...
ZF Bankers Summit ‘15 Loan Demand No Longer A Problem For Banks
Boosting the loan volume is not a goal in itself for banks, the important thing is the direction where the new lending is headed, which is showing the first signs that demand from customers...
Big IMF Loan Helped Romania Lower Risk Costs, Central Bank Head Says
Romania’s central bank governor said he wanted the country to borrow less from the International Monetary Fund back in 2009, but the 20 billion-euro bailout package provided enough cushion a...
OMV Petrom Contracts EUR1B Revolving Credit Line
Romania’s leading oil and gas producer OMV Petrom (SNP.RO) contracted a multi-currency credit line of 1 billion euros from a syndicate of 17 banks, the company said Thursday.
CE Hunedoara To Get RON40M Loan From State Treasury
The state treasury will lend RON40 million from privatization proceeds to energy holding CE Hunedoara, to allow it to pay back state aid granted by previous governments, which the European C...
Garanti Bank Funds Sunflower Residential Development With EUR6M Loan
Garanti Bank has granted three-year EUR6 million loan to General Concrete Land Development, which aims to complete its Sunflower Grand Apartments residential project in downtown Bucharest, t...
CEZ Distributie Seeks EUR152M Loan From EBRD
The European Bank for Reconstruction and Development (EBRD) will discuss lending RON675 million (EUR152 million) to CEZ Distributie, owned by Czech utility group CEZ, for investments in its...