03.14.2017

Agricover Credit IFN, the lending division of Agricover group, granted loans worth RON988 million (EUR220 million) in 2016, up 4% on the year, the company said in a statement Tuesday. more

03.02.2017

Consumer lender Provident Financial Romania, part of British group International Personal Finance (IPF), granted 27% more loans in 2016, while the number of customers rose 4.4% to over 300,000, IPF more

02.24.2017

Shareholders of Romanian car parts maker Altur Slatina (ALT.RO) will discuss, at their next general assembly, the sale of stakes held by the company in the five regional investment funds (SIFs) and more

01.31.2017

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01.27.2017

The market of mortgage loans in lei has been on the rise for nearly two years and will further grow, all the more so as the value of an average loan increase by nearly 5-7% in 2016 and reached nearly more

01.26.2017

Romania continues to see almost credit-less economic growth, as the private loans' share of GDP declined last year to a decade low, according to ING Bank analysts. more

10.31.2016

Banks in Romania registered mortgage loans of RON26.8 billion (EUR6 billion) in their balance sheets at the end of September 2016, higher by RON600 million compared with the previous month and by more

10.21.2016

Loans granted by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON23 billion (EUR5.2 billion) at the end of June 2016, up by RON1.8 billion more

09.15.2016

Investment loans newly granted by Raiffeisen Bank to medium-sized companies in Romania in the first six months of 2016 rose over 30% compared with the same period a year ago. more

09.09.2016

Romanian lender CEC Bank granted over 1,300 loans from external financing sources, worth over RON700 million, of which nearly 80% targeted small and medium-sized enterprises (SMEs). more

08.23.2016

Consumer lending companies, members of the association of financial companies ALB Romania, granted new loans worth RON1.55 billion in the first half of 2016, up 35% from the same period a year ago. more

08.23.2016

KIWI Finance brokered loans worth EUR50 million in the first half of 2016, up 37% against the same period a year ago. more

08.03.2016

Piraeus Bank has decided to cut the down payment required on mortgage loans in lei to 20%, after it was increased to over 40% in May due to implementation of the law on debt discharge. more

07.29.2016

The stock of leu-denominated consumer loans granted to households reached a new record high in May 2016, to RON34.5 billion, up 10% on the year, central bank data showed Friday. more

07.29.2016

Romanian real estate developer Impact Developer & Contractor (IMP.RO) is contracting a mortgage loan from lender Banca Transilvania (TLV.RO), which will be used to finance real estate investments more

07.27.2016

Romanian currency-denominated loans granted to consumers to buy homes totaled RON1.1 billion (EUR247 million) in June 2016, and the balance of mortgage loans reached RON24.4 billion, central bank data more

07.12.2016

Edible oil manufacturer Argus Constanta (UARG.RO) will take loans totaling RON110 million to buy raw materials such as rapeseed, sunflower seeds and raw oil. more

07.11.2016

The number of individual debtors to non-banking financial institutions (NBFIs) stood at 92,300 at the end of May, up by around 10,000, or 13%, compared with May 2015. more

07.05.2016

Nearly two thirds of Romanian businesses are reticent to borrow from banks and wouldn't take loans regardless of low interests , according to a central bank poll. more

07.04.2016

Banks gave local currency loans totaling RON12 billion to individuals in January-May, 50% higher than in the same period last year, due to lower interests on loans in lei. more

06.27.2016

Banks sold Romanian currency-denominated mortgage loans of RON1.3 billion in May 2016, compared with RON0.8 billion in the year-earlier period, which translates into 5,000 loans at an average size of more

05.24.2016

OTP Bank, a mid-sized player in the banking sector, controlled by Hungary’s largest financial group OTP, has decided to raise the down payment required on mortgage loans in lei and foreign currency more

05.16.2016

Banca Comerciala Carpatica has decided to raise the down payment required on mortgage loans in lei from 15% to 28%, due to implementation of the law on debt discharge. more

05.11.2016

ING Bank has raised the down payment required on mortgage loans in lei from 15% to 25%, two days after the implementation of the law on debt discharge. more

05.09.2016

Lender BCR raised the down payment required on mortgage loans from 15% to 35% and cut the reimbursement period from 30 years to 25 years, on the backdrop of the new legislation allowing retail more