LOANS
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How Bankers Came To Collect Loan Installments For Rivals
Something that seemed inconceivable during boom years, namely for a bank to collect the installments for the loans that one of its peers sold, as it does for an utility, now comes as a natur...
Mechel's Romanian Units Seek EUR100M Loan For Working Capital
Romanian steel maker Mechel Targoviste (COS.RO) proposed borrowing EUR100 million to finance working capital and potential commitments, the company said Tuesday.
Foreign Currency Borrowers - From Yesterday's Dream To Today's Nightmare
Clients with high incomes, wooed by bankers during the boom years with high foreign currency loans and installments as high as three quarters of their salaries at times, are now giving banke...
BNR Survey: Consumers Will Find It Easier To Take Out Loans This Summer
Individual clients could borrow more easily from banks this summer because lenders are set to ease access to both consumer and real estate loans, according to a survey conducted by the Natio...
Unpleasant Surprise: Household Overdue Loans Up By EUR75M In April
Individual customers' overdue payments on bank loans unexpectedly jumped in April, overshooting the 6 billion lei (EUR1.4 billion) mark for the first time, central bank data revealed.
Croitoru, BNR: Banks Highly Selective In Lending To State-Owned Companies
State-owned companies behave themselves when it comes to paying back bank loans, with overdue loans accounting for merely 0.1% of the total. This, however, is because the banks impose strict...
SME Guarantee Fund: Fewer Firms Unable To Repay Loans
The number of small and medium-sized companies (SMEs) unable to pay back their loans has decreased this year and SMEs have started taking loans for investments rather than mere subsistence,...
Promotional Offers Fail To Thaw Consumer Loans In April
The wave of promotional offers for consumer loans that bankers brought to the market this spring has failed to persuade clients to borrow more, with sales continuing to be below the volume o...
Ghetea: Romanian Banks “Warming Up” For Lending Restart
Romanian banking system is going through a “warm-up” period, when the lenders provide mostly refinancing services, but the situation must change so that private lending can recover, the head...