Banks In Romania Hoard Deposits, But Lending Nosedives

01.29.2015 By Liviu Popescu

Banks in Romania had loans granted to individuals and companies worth around 212 billion lei (the equivalent of EUR47 billion) at the end of 2014, down RON7 billion against the end of 2013. The decline came amid the weak sales of foreign currency loans and the portfolio cleanup process.

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banks
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, lending

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