Romanians Pay Loan Installments Of EUR6B Per Year To Banks

10.29.2013 By Ciprian Botea

The 4.3 million individual clients with ongoing loans pay bank installments of around EUR6 billion (RON27 billion), according to ZF calculations based on people’s indebtedness level, as it results from the latest financial stability report published by Romanian central bank BNR. Basically Romanians pay on bank installments as much as they spend in a year in hypermarkets, supermarkets and discount stores (with the exception of cash & carry stores).

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Keywords:: loans; , installments; , debt

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