04.17.2014

The banking system posted cumulated net profit of around 500 million lei (EUR112 million) at the end of February, slightly higher than the gain for the entire 2013, though bankers complained about the more

04.16.2014

BCR’s retail loan portfolio in the first quarter of 2014 posted growth for the first time in three years as a rebound in consumer confidence has been felt starting the first half of the year, said more

04.14.2014

Leu and euro-denominated loan costs have become comparable, but the Romanian central bank needs to carefully monitor the volatility of interbank market interest rates so that foreign currency risks more

04.09.2014

Companies ought to carry out investment projects that attract foreign or local capital and become profitable to be able to contract bank loans, said Rozalia Pal, chief economist with Garanti Bank more

04.04.2014

Israeli-held TBI Financial services in 2013 raised by almost 20% the volume of loans released on the Romanian market, to EUR67 million, an evolution mainly driven by the launch of banking operations more

03.31.2014

Romanian International Bank (RIB), taken over by Poland’s Getin group at the end of 2013, is set to resume lending in April, after in the past 3-4 months the bank was recapitalized and cleaned up more

03.26.2014

Leu-denominated loans to individuals and companies rose in February by the equivalent of 250 million lei (EUR55 million), half the growth clip registered in January, but, despite the slower pace, the more

03.25.2014

The lending activity in Romania settled on a downward slope, as demand for loans was scrimpy in the second month of the year, despite interest rate reductions in recent months. more

03.19.2014

Romania’s Agriculture Ministry will set up a lending fund for small farmers and the money will be administered by two banks, Agriculture Minster Daniel Constantin told a press conference Wednesday. more

03.12.2014

The Credit Bureau released, at bankers’ request, 1.9 million reports about the situation of existent and potential clients in January and February, up 80% year-on-year. Almost half of these were more

02.25.2014

The lending activity in Romania remained on a downward slope in January, as demand for loans remains subdued, despite interest rate reductions in recent months. more

01.27.2014

Romanian private lending fell 4.7% in real terms to 218.46 billion lei (EUR48.2 billion) at the end of December 2013, from RON225.9 billion in the previous year, central bank data showed Monday. more

01.06.2014

The visible decline of leu interest rates should revive the demand for loans, but the major obstacle to the market rebound remains the absorption of the huge volume of non-performing loans. more

12.30.2013

Romanian private lending fell 0.6% in real terms to 219.7 billion lei (EUR49.2 billion) in November, from RON221 billion a month earlier, central bank data showed Monday. more

12.05.2013

The lending activity in Romania will not revive until the autumn of 2014, as banks are not ready to take additional risks before a new series of checkups of the central bank early next year, a senior more

11.27.2013

The lending resources of Romanian banks can be increased by implementing policies to reduce the budget deficit and encourage savings, a central bank official said Wednesday. more

11.26.2013

Romanian private lending fell 1.2% in real terms to 221.02 billion lei (EUR49.72 billion) in October, from RON223.1 billion a month earlier, central bank data showed Tuesday. more

11.15.2013

BCR and BRD, Romania’s top two lenders, continued the deleveraging process in the third quarter of the year. The fact that market leaders are narrowing their exposure to the corporate sector keeps more

10.24.2013

Lower interest rates do manage to stimulate the demand for loans, as proved by the 2% increase in leu-denominated loans in September after the 3-month ROBOR (the offered rate on the interbank market) more

10.23.2013

Romanian private lending edged up 1.1% in real terms to 223.1 billion lei (EUR50.3 billion) in September, from RON221.9 billion a month earlier, central bank data showed Wednesday. more

10.10.2013

Recent media coverage of the banking industry in Romania raised important issues concerning ability and willingness of local banks to lend. In addition, we have wide ranging debate and recent more

09.27.2013

State guarantees to stimulate private lending have increased from RON3 billion to RON8 billion for the period July 2013-June 2014, after the Government persuaded the IMF and European Commission the more

09.24.2013

Romanian private lending edged up 0.4% in real terms to 221.9 billion lei (EUR49.62 billion) in August, from RON221.4 billion a month earlier, central bank data showed Tuesday. more

08.26.2013

Romanian private lending inched down 0.9% in real terms to 221.43 billion lei (EUR50.3 billion) in July, from roughly RON224.2 billion a month earlier, central bank data showed Monday. more

07.30.2013

Romania will increase funding for the state-guaranteed First Home mortgage lending program by 1 billion lei (EUR227 million), of which RON300 million will be available for the acquisition of homes more