LOANS
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Romanians Pay Loan Installments Of EUR6B Per Year To Banks
The 4.3 million individual clients with ongoing loans pay bank installments of around EUR6 billion (RON27 billion), according to ZF calculations based on people’s indebtedness level, as it r...
Banks Grant Loans To “Premium” Clients To Buy Romgaz Shares
The initial public offering (IPO) of 15% in state-run natural gas producer Romgaz, the largest offering in the history of the Bucharest Stock Exchange, has made a lot of commotion on the fin...
Fast Key Rate Decline Encouraged Firms To Take Out RON1.6B Loans In Two Months
Lower interest rates do manage to stimulate the demand for loans, as proved by the 2% increase in leu-denominated loans in September after the 3-month ROBOR (the offered rate on the interban...
Government Approves Emergency Decree On State Guarantees For SMEs
Romania’s Government on Wednesday approved an emergency decree that will allow small and medium-sized businesses to access credit lines for working capital of up to RON5 million for a two-ye...
Romania Offers Best Interest Rates On Local Currency Loans In CEE - Survey
Romanian banks offer some of the best interest rates for household loans in local currency in central and eastern Europe, despite the central bank’s high monetary policy rate and a negative...
Banks Reluctant To Make Loans Cheaper
The average interest on corporate loans in lei rose slightly in August to 8.7%, while the average deposit interest fell by almost 0.7% to 3.4% a year, reveal central bank data. The corporate...
Romanian State To Guarantee 50% Of Loans Of Up To RON5M To SMEs
Small and medium-sized businesses will be able to access credit lines for working capital of up to RON5 million for a two-year period that will be 50% guaranteed by the state, under a propos...
Andriescu, UNSICAR: Insurance Brokers Want To Sell Bank Loans
Insurance brokers want to be able to sell other financial products, such as bank loans, in addition to insurance. A proposal to this effect is set to be finalized and to be sent to the Finan...
Overdue Loans Keep Rising
The volume of loans overdue by at least one day continued to climb in August and shows no sign of slowing down. The total value of overdue loans recorded by the banking sector hit a new peak...