The market’s savings segment was up 4.57% in the first four months of 2012, according to Simona Lianu, manager of consumer products department with OTP Bank Romania.
Lianu said that for deposits with over one-year maturity, the bank encourage the clients to choose investment funds, for better yields.
OTP Bank Romania also posted a 4.6% higher balance of consumer loans end-May, adjusted to the exchange rate, mainly fueled by the bank’s special campaign for consumer loans in Romanian lei with fixed interest rate.
As for the non-performing loans, the bank “is prepared to face new increases, fueled by the exchange rate fluctuation,” according to Adrian Chichita, the head of OTP Bank Romania’s Retail department.
Chichita added the European currency may become stable at the current value.