06.25.2015

Romanian private lending stopped its decline in May, rising 0.8% in real terms against the previous month, after a 0.3% decrease in April, central bank data showed Thursday. more

05.27.2015

Romanian private lending extended its decline in April, falling 0.3% in real terms against the previous month, after a similar decrease in March, central bank data showed Wednesday. more

04.27.2015

Romanian private lending continued its downward trend in March, after a 0.4% monthly decline in February, central bank data showed Monday. more

03.24.2015

Romanian private lending continued its downward trend in February, after a 0.7% monthly decline in January, central bank data showed Tuesday. more

02.24.2015

Romanian private lending went down in January, as banks continue to shed bad loans of their books, central bank data showed Tuesday. more

01.27.2015

Romanian private lending fell 3.9% in real terms during 2014, due to a significant decline in foreign currency credit, as lower interest rates and the leu depreciation brought on higher demand for more

12.23.2014

Romanian private lending went up 0.1% on the month in real terms in November, after a similar increase in October, central bank data showed Tuesday. more

11.25.2014

Romanian private lending went up a mere 0.1% on the month in real terms in October, after a 0.3% decline in September, central bank data showed Tuesday. more

11.24.2014

Radu Ghetea, who has been at the helm of Romanian state-run CEC Bank since 2007, says he wants the bank to be more active on the lending market but this depends on finding new capital sources and one more

11.12.2014

Banks have the cash to step up lending, but the money does not reach the economy due to the lack of trust between entrepreneurs and bankers, partly because of the hundreds of thousands of insolvencies more

11.05.2014

Romania’s central bank on Tuesday cut the key rate again, to 2.75%, in another attempt to encourage lending. Governor Mugur Isarescu urges banks to get close to their customers and not expect them more

10.23.2014

Romanian private lending went down 0.3% on the month in real terms in September, after a 0.2% increase in August, central bank data showed Thursday. more

09.23.2014

Romanian private lending inched up 0.2% in real terms in August, after a 0.7% fall in July, fueled by a increase in leu loans while foreign currency lending extended its decline. more

09.05.2014

Piraeus Bank, a Greek-held medium-sized player in Romania’s banking system, in January-July 2014 released retail loans matching the value of loans granted in the entire 2013 and reached monthly more

08.26.2014

Romanian private lending went down 0.7% on the month in real terms in July, after a 0.4% fall in June, as a small increase in leu loans could not offset the persistent decline in foreign currency more

07.23.2014

Romanian private lending went down 0.4% on the month in real terms to 215.4 billion lei (EUR48.5 billion) in June, amid a further decline of foreign currency loans, central bank data showed Wednesday. more

06.26.2014

Romanian private lending went down 0.6% on the month in real terms to 216.9 billion lei (EUR49.4 billion) in May, due to fewer loans in foreign currency, central bank data showed Thursday. more

05.26.2014

Romanian private lending edged down 0.1% on the month in real terms to 218.3 billion lei (EUR49.43 billion) in April, due to fewer loans in foreign currency, central bank data showed Monday. more

05.05.2014

Financial group UniCredit Tiriac Bank, which includes the fourth bank in Romania by assets and consumer finance company UniCredit Consumer Financing, aims to increase the volume of loans granted to more

04.25.2014

The lending activity in Romania is still on a downward trend, with demand for loans showing no sign for recovery, despite many signs of improving economic environment. more

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

04.14.2014

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

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

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