09.20.2011

Tuesday is the deadline by which the Romanian National Bank accepts comments and proposals on the draft regulation set to drastically restrict lending in foreign currency to individuals, but the more

09.14.2011

Volksbank Romania on Wednesday said it has restarted lending, after a two-year break, by launching new home purchase loans available in euro and in leu. more

09.13.2011

Prices were down for the third month in a row in August, as a result of the good farming year, but also of the decline in demand. more

09.08.2011

The Romanian central bank (BNR) is looking for the first time to encourage lending in lei instead of foreign currency for mortgage loans, but interest rates are double as high. more

09.06.2011

Consumer loans will have a maturity of at most five years, and clients will have to guarantee 133% of the loan’s value, while real estate financing in euro will require an advance of at least 30%, more

08.25.2011

After two years of decline, private lending has been on the rise for the last four months, with companies borrowing most new money. more

08.25.2011

A faster recovery of lending is not possible on the short term, analysts believe, given the recent weeks’ international market turmoil, likely to lead to rising borrowing costs. more

08.24.2011

Romanian private lending rose 1.5% in real terms to 216 billion lei (EUR50.7 billion) in July from a month earlier, central bank data showed Wednesday. more

08.11.2011

Fitch Ratings Thursday warned Romania could see a new spike in foreign currency lending due to prolonged high inflation, which forces the central bank to keep interest rates above eurozone levels, the more

08.03.2011

Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The explanation: more

07.29.2011

Erste Group Bank AG (EBS.RO) Chief Executive Officer Andreas Treichl estimated Friday Romanian lending will pick up over the next period as the economy rebounds from the crisis. more

07.25.2011

Romanian private lending rose 3.2% in real terms to 213.6 billion lei (EUR50.5 billion) in June from a month earlier, largely fueled by growing foreign currency loans, central bank data showed Monday. more

07.19.2011

Austrian-owned Volksbank, which ranks eighth by assets in Romania, wants to gradually resume retail lending, frozen over the past two years, but its officials say it will focus more on transactional more

06.29.2011

May brought the fastest monthly advance of private lending in the past year, 1.5%, showing that bankers are successful in finding more clients to sell loans to. more

06.28.2011

Loans in Swiss francs, used in boom years as a means of stimulating sales thanks to the low nominal interests, are now troublesome for bankers as well, not just for clients who chose to borrow in this more

06.23.2011

Romanian lender BCR expects its mortgage loan portfolio will increase by 10%-15% this year compared to 2010, bank official Stefan Coroianu said Thursday. more

06.21.2011

Bankers now only pretend to grant loans, by fighting to take clients from one another, says Elena Petculescu, honorary president of Bancpost. “I am very happy that we ourselves get new clients more

06.20.2011

The current anomalies of the retail lending market have been generated by regulations imposed by the National Bank of Romania, or BNR, at some point, as solutions to certain situations, but the new more

06.17.2011

Romanian banks may have to reduce the maturity of consumer loans to five years from 20 currently, while extending minimum guarantees to 133% of the loan’s value, according to a draft regulation of more

06.16.2011

Banks are toughening the fight over loan refinancing, the only segment that seems to have a growth potential amid lingering market uncertainty. Back in the spring, however, they said this more

06.14.2011

Romanian banking sector is not likely to experience a substantial increase in non-performing loans following the leu’s depreciation against the Swiss franc, central bank deputy governor Cristian more

06.14.2011

“First Home” state-guaranteed mortgage loans remain an option only for clients who cannot afford to pay a 10% or 15% down-payment on the value of the purchase, since there is almost no price more

06.02.2011

Romania ranks last based on lending and asset quality among twelve emerging countries in Central and Eastern Europe, according to a Fitch Ratings survey released Thursday. more

05.30.2011

The rising euro financing costs, particularly for consumer loans, will spur the shaping up of a market of consumer loans in lei, says Rasvan Radu, executive vice-president with UniCredit Tiriac Bank. more

05.27.2011

Lending demand is still frail, as clients are still coping with uncertainty in terms of their income and jobs, and just the promotional campaigns manage to boost sales, says Adrian Jantea, retail more