07.31.2016

Consumer lending will continue to register an important growth and can even reach 20% on an annualized basis, which is an alarming trend, according to financial analyst Dragos Cabat. more

05.30.2016

Non-banking financial institutions members of the ALB Romania association, which make up for 80% of the local consumer lending market, granted financing of EUR663 million in the first three months of more

11.19.2015

Non-banking financial institutions members of the ALB Romania association, which make up for 78% of the local consumer lending market, granted financing of EUR1.78 billion in the first nine months of more

11.27.2014

RON-denominated consumer loans totaled 23.8 billion lei at the end of October, up almost 3%, and RON600 million respectively, from the year-earlier period. Against September, the volume of such more

10.30.2014

RON-denominated consumer loans stood at 23.6 billion lei in late September, up almost 2% or the equivalent of RON300 million from the year-earlier period. On the month, the stock of these loans added 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

08.29.2014

Romanian currency-denominated consumer loans in July registered the first annual increase in the past five years, reaching RON23.5 billion, 0.1% above the level of the same period of 2013, according more

07.09.2014

Consumer lending companies part of the ALB Romania association expect a growth of at least 10% in financing volumes, as consumer lending has picked up in the first half of the year. more

06.25.2013

After extensive restructuring measures, Romania's largest lender Banca Comerciala Romana (BCR) is ready to restart lending to individuals, but only in lei, according to the bank’s strategic decision more

02.06.2013

The major problem of banks in Romania is that they are very much stuck in consumer lending and have not developed their capability to finance the entrepreneurial sector, believes central bank (BNR) more

02.15.2012

Lending granted by non-bank financial institutions (NBFIs) included in the special register of the Romanian central bank narrowed by 14% in the past two years and reached 29.4 billion lei (EUR6.7 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

08.03.2011

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

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

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

05.18.2011

BCR, the biggest domestic bank in terms of assets, has taken the market by surprise after having unexpectedly raised the interest rate for leu-denominated consumer loans, to 14.5% a year, thus more