MORTGAGE
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Consumer Loans Down, Sales Of Mortgage Loans And Credit Cards Up
Demand for loans from individual customers has shrunk this year as customers only sought mortgage loans and credit cards, while consumer loans remained in negative territory.
How Much It Would Have Cost Mark Zuckerberg To Get A Home Loan In Bucharest
How much would Mark Zuckerberg have paid, had he taken out a loan in Romania? Twice as much as he is due to pay for his loan in the US.
Mortgage Lending Growth Slows Down In February
The mortgage lending growth pace in February was half the monthly average of 2011, because not even government-secured loans are drawing customers to banks.
Negritoiu, ING: We Would Be Extremely Happy To Sell As Many Mortgage Loans In Lei As Possible
ING Bank, the ninth largest bank on the Romanian market by assets, wants to make 2012 the year of lending in lei and plans to focus on selling products in local currency, from consumer loans...
Banks Granted EUR1B Mortgage Loans Last Year
Loans granted by Romanian banks for home acquisitions rose by EUR1 billion last year, reaching the equivalent of EUR7.75 billion, according to data from central bank BNR.
BCR Makes Mortgage Loans In Euros More Expensive
BCR, the largest bank on the market, raised its interest rate margin by over one percent on euro-denominated mortgage loans, to 5.95% above six-month Euribor, and by half a percent for leu-d...
Government To Eliminate Subsidy For Residential Construction Through Mortgage Loans
Romania's Government will no longer provide subsidies for home construction through mortgage loans, arguing that the price of materials has dropped during the crisis and that budget revenue...
Romanians Took EUR2B Mortgage Loans Since Crisis Debut
Mortgage lending recorded another month of growth in August, with the overall volume of loans climbing at the equivalent of EUR7.3 billion, helped by funding available through the state-guar...
Will Bankers Cut Leu Loan Costs To Counter Restrictions On Forex Loans?
For a loan of EUR40,000 or the equivalent in lei, the difference between the monthly installment on a leu-denominated and a euro-denominated loan is of around EUR85. In 30 years, clients pay...