RETAIL LENDING
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Companies’ Borrowing Appetite Still Feeble in Romania
Demand for large loans, largely corporate ones, advanced by just 12,000 applications in the first five months compared with the same period of last year, with banks requesting 439,000 reports from the Central Credit Register (CCR) to get information on potenti...
UniCredit Tiriac Bank Wants Double Net Profit In 2014
Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, aims to increase the volume of loans gra...
Retail Lending Showing Signs Of Rebound
Retail lending is starting to show more visible signs of rebound, which means consumers are feeling more confident to apply for mortgage or consumer loans.
Retail Lending Gradually Shifts To Lei
On the shortage of foreign currency resources, restrictions imposed by the BNR and the cheaper lei loans, sales of new retail loans have almost entirely switched to the lei component.
BCR, Ready For Lending Revival
BCR’s retail loan portfolio in the first quarter of 2014 posted growth for the first time in three years as a rebound in consumer confidence has been felt starting the first half of the year...
Trend Shift: Foreign Currency Credits Replaced By Leu Lending
Leu-denominated loans to individuals and companies rose in February by the equivalent of 250 million lei (EUR55 million), half the growth clip registered in January, but, despite the slower...
BRD: Only Promotions Keep Retail Banking In Motion
Lending demand is still frail, as clients are still coping with uncertainty in terms of their income and jobs, and just the promotional campaigns manage to boost sales, says Adrian Jantea, r...
Cosmescu, BRD: The Network Should Bring Clients, Risk Experts Should Find Solutions For Lending
"Bring clients" is the main target set for BRD's network this spring, says Roxana Cosmescu, recently appointed as an executive manager with the commercial pole of the network of BRD, the sec...