LOANS
298 articole · RSS
BNR: Loan Payments Overdue By Over 90 Days Hit New High In May
Loan payments overdue by more than 90 days rose 4% on the month to a fresh record high of 4.5 billion lei (EUR1.06 billion) in May, central bank data showed Monday.
Mechel Targoviste To Take Bank Loans Worth A Total EUR100M
Steel maker Mechel Targoviste (COS.RO) on Monday said it will contract two loans, worth EUR50 million each, from ING Bank and UniCredit Tiriac Bank, in association with three firms from the...
Mihaescu, IFC: Key Question Is Whether Restructured Loans Will Perform
Non-performing loans have started to flatten or even decline at certain banks in the last two or three quarters, but it remains to be seen if the restructured loans perform and if the slight...
BCR Ends Mortgage Promotion, Signals Time For More Expensive Loans
Banca Comerciala Romana (BCR), Romania’s largest bank by assets, has raised mortgage loan interest rates after a promotional campaign that lasted for one month and a half expired at the end...
Swiss Franc Might Climb To RON3.9
Those who now regret that they took out a loan in Swiss francs, as the franc is now 75% stronger against the leu compared with 2007-2008, at around RON3.7, should prepare for worse. Foreign...
Overdue Swiss Franc Loans Double In One Year
With the Swiss franc at an all-time high against the leu, bankers can do nothing but sit and watch the overdue loans rise fast. After the franc has gone up 60% against the leu since the begi...
Finance Ministry To Keep Banks’ Money Only If They Agree To Longer Maturities
The Finance Ministry paradoxically has the upper hand over bankers because at the end of July it is in banks’ best interest not to be stuck with the EUR2.4 billion that the state has to repa...
Romania May Overdue Forex Loans Up 4.7% To RON10.1B
Overdue private loans in foreign currency increased by 4.7% in May, while overdue loans in local currency inched up 0.4%, according to data published by the central bank Wednesday.
SMEs May Borrow Up To RON125,000 With State Guarantee, Subsidized Interest
Romanian small and medium enterprises may take out loans of up to 125,000 lei (EUR30,000), partially guaranteed and subsidized by the state, in order to cope with the problems caused by the...