09.10.2014

The average effective interest rate of Romanian currency-denominated mortgage loans hit an all-time low of 5.2% per year in July, half the level of three years ago, when banks sold only 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

09.03.2014

Banks in Romania continued to reshuffle their territorial networks in the past year, but fewer units were closed down, a sign that bankers do not want to risk having too few units when lending starts 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

08.27.2014

Banks in Romania had retail and corporate loans worth just 213.8 billion lei (EUR48.3 billion) left in their portfolios at the end of July, a three-year low, as they are unable to sell enough loans in 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

08.20.2014

The bad loan ratio has entered a downward trend in Romania after it peaked at 22.3% in March and analysts expect the trend to maintain amid the sale of certain portfolios of soured loans. more

07.27.2014

Gorj, Braila and Brasov counties registered the highest growth in terms of lending volume in the first six months (+21.9% in Gorj, +2.24% in Braila, +1.27% in Brasov), while overall loans volume fell more

07.24.2014

Bank lending fell by almost 4% year-on-year in June, double as much as in May, due to the worsening decline in foreign currency loans and the slowdown of the growth of leu financing. more

07.23.2014

Standard rates for mortgage loans in lei have become cheaper than foreign currency mortgages, following the interest rate decrease on the Romanian market. 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

07.14.2014

Demand for large loans, largely corporate ones, advanced by just 12,000 applications in the first five months compared with the same period of last year, with banks requesting 439,000 reports from the 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

06.26.2014

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

06.11.2014

Bankers are waiting to clean up their portfolios by removing fully provisioned non-performing loans from their balance sheets before boosting lending, but continue to complain about really weak demand more

06.09.2014

The ten large banks in Romania, with more than 3% market share, did not help revive lending in the first quarter of 2014 either, as the only one of the pack to have seen a significant increase in loan more

06.06.2014

Retail loan interests fell to a new all-time low of 8.7% a year in April, while the average cost of borrowing for companies returned to less than 7% a year, a level it had reached at the end of last 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

05.07.2014

The latest March data show a rebound in lending, yet the rebound is not that strong, as the ‘divorce’ of banks and companies is still dominant. more

05.06.2014

Romanian lending is showing signs of recovery, with banks reporting increased demand for both business and consumer loans, CEC Bank’s president Radu Ghetea said Tuesday. 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

05.02.2014

Retail lending is starting to show more visible signs of rebound, which means consumers are feeling more confident to apply for mortgage or consumer loans. more

04.28.2014

On the shortage of foreign currency resources, restrictions imposed by the BNR and the cheaper lei loans, sales of new retail loans have almost entirely switched to the lei component. 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