LOANS
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Prefab Seeks Loans Worth EUR20M
Romanian construction materials maker Prefab Bucuresti (PREH.RO) plans to contract bank loans worth up to a total EUR20 million, to support production this year and the investments planned f...
Bank Debtor Profile: Bucharest Male, 30-34, Holder Of A Leu Loan
A typical debtor to a bank is male, aged 30 to 34 years, lives in Bucharest and holds a loan in lei, according to data from the Credit Bureau, the institution that collections information on...
Foreign-Held Banks Added EUR1B Fresh Capital Since Crisis Debut
Foreign banks contributed 850 million lei (EUR200 million) to the local subsidiaries’ capital and announced up to EUR360 million capital injections, to be done in part by the end of 2011. Th...
Ghetea: Authorities Must Compare Prices Of Similar EU-Funded Projects, Differences Are Sometimes Huge
Romania's EU fund management authorities and the Ministry of European Affairs should be able to look up and compare the prices of similar projects, because in some instances the difference b...
Debt Collector Kruk: Smaller Banks Sell Troubled Loans To Focus On New Loan Sales
Second tier banks, which used to deal with non-performing loans on their own, are now selling their receivables to specialized debt collectors so as to be able to move employees handling col...
Loan Demand Slows Down In September
Bankers waiting for clients to buy loans started the autumn on the wrong foot as demand fell unexpectedly in September after it stabilized in the last six months.
Popa, BNR: New Forex Loan Regulations To Outdo Old Ones
Romanian central bank’s (BNR) new lending regulations are bound to be more effective than the previous measures aimed to limit foreign currency loans, because now they are part of a larger,...
Romanian Bankers: New Lending Rules Won’t Affect Mortgage Loans
The Romanian central bank has agreed to leave the conditions on foreign currency-denominated mortgage and housing loans unchanged, the head of Romanian Banking Association said Wednesday.
Banks Refinanced Household Loans Worth Of EUR850 Million In One Year
About 160,000 Romanians took out loans to refinance or consolidate debt with a cumulated value of more than EUR850 million (3.6 billion lei) from June last year through May 2011. The number...