Bancpost Official: Leu Depreciation Is Worrying Us, But It Has Not Reached A Critical Threshold

05.30.2012 By Razvan Voican

The weakening of the leu against the euro by around 2% in the past few weeks is a reason for concern regarding clients’ ability to repay their foreign currency loans, but at least for now it has not reached a critical threshold, says George Georgakopoulos, executive vice-president of Bancpost, in charge of household lending.

To read the full story, please login. Not a member? Subscribe here.

Reveal Romania! Business news & views.
Find out all you need by reading the entire story
To invest in Romania, you need to find out about its opportunities.
To close a strategic partnership with a Romanian company, you need to learn about its market position and whether it is a trustworthy partner
To grow here, you need to be informed

Subscribe now
Only 25 euros/month (VAT not included)
Get access to reports, news and statistics in the main sectors of Romania’s economy. Follow the strategic moves of companies operating in Romania. We will keep you updated on the latest business events.
Contact: E: newsroom@zfenglish.com (newsroom), marketing@zfenglish.com (Marketing & PR), sales@zfenglish.com (subscriptions)
T: 0040-318.256.431 (Newsroom)
0040-318.256.158, 0040-318.256.408 (Subscriptions Department)
0040-318.256.469, 0040-318.256.470 (Advertising Sales Department)
0040-318.256.427, 0040-318.256.129 (Marketing & PR)

LOGIN / Lost password?

Keywords:
BANCPOST
, LENDING
, EURO
, DEPRECIATION

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.