“We see some interesting signs as Romania remained in positive territory. As long as the economic growth continues, the appetite for lending will increase as well,” Radu Gratian Ghetea told a banking seminar.
“I believe banks lending would start to recover as of this fall.”
Romania’s gross domestic product expanded 0.5% in the first quarter, after an increase of 0.4% in the previous three months, data from the statistics institute showed. Compared with the same quarter of 2012, the economy grew by 2.1% in unadjusted data.