LOANS
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Central Bank Poll: Two Thirds Of Local Businesses Wouldn't Take Bank Loans
Nearly two thirds of Romanian businesses are reticent to borrow from banks and wouldn't take loans regardless of low interests , according to a central bank poll.
Local Currency Lending Grew 50% on Year in January-May
Banks gave local currency loans totaling RON12 billion to individuals in January-May, 50% higher than in the same period last year, due to lower interests on loans in lei.
Towns In Romania Can Borrow Up To RON400M To Complete EU-Funded Projects
The Romanian Government on Wednesday decided that towns and communes can take out loans from the State Treasury within a maximum amount of RON400 million, in order to complete projects of up...
OTP Bank To Grant First Home Loans Worth RON84M In 2016
OTP Bank Romania will grant mortgage loans worth RON84 million under the state guaranteed mortgage lending First Home program this year, based on the funds assigned by the national guarantee...
UniCredit Granted Loans Of Over EUR1B To Beneficiaries Of EU Non-Reimbursable Funds
The volume of loans granted by UniCredit Bank to the beneficiaries of financing from EU non-reimbursable funds exceeded EUR1 billion since the start of this activity, in the second half of 2...
BCR: Number Of Clients Eligible For Mortgage Loans To Drop 60% In Five Years
The number of clients eligible for mortgage loans will decrease by 60% in the next five years, given that only one in ten would afford a 30% down payment, which will be asked by the banks if...
Lending To Agriculture Sector Sees Highest Growth Rate In 2015
Loans to the agricultural sector saw the fastest increase in January-November 2015, compared with the same time in 2014, 8%, while other sectors like industry and services saw only modest in...
Raiffeisen To Boost Financing By EUR35M For SME Loans Under JEREMIE Program
Romanian lender Raiffeisen Bank on Tuesday said it will increase by EUR35 million the financing for the loans granted to small and medium-sized enterprises (SMEs) via the Joint European Reso...
Lendia, First Online Platform For Customized Loan Offers
Four Romanian and Swedish entrepreneurs launched Monday Lendia online platform for customized loan offers on the local market targeting natural persons.