16 dec 2020

Banks in Romania granted 3.9 billion lei in new leu loans to companies in October, an increase of RON1.3 billion or 50.5% on the year-ago month. Corporate lending reached the highest level of the year more

14 dec 2020

Romanians took out new mortgage loans worth 1.36 billion lei in October, the highest level in 2020. The volume was down 8.1% compared with the year-ago month. more

9 dec 2020

Demand for consumer loans in Romania has increased in the fall after the summer rekindled appetite for such loans, following the significant decline in the spring due to the lockdown caused by the more

26 nov 2020

Most major banks in Romania posted lower profits in the first nine months compared with the year-ago period, due to the effects of the pandemic, which forced them to set aside larger provisions. more

23 nov 2020

Banks operating in Romania had 3,879 branches and offices, while the number of employees went down to 52,757 in the first nine months, Romania’s central bank data show. more

19 nov 2020

Banks in Romania posted about 4.7 billion lei profit in the first nine months of 2020, their assets reached a new high, while the loan-to-deposit and NPL ratios went down compared with the year-ago more

18 nov 2020

September came with a fast-paced rise in corporate lending, after a visible rebound in the summer months, when it recovered from the decline in the spring months caused by the lockdown due to the more

5 nov 2020

Romania’s banking system, the main lender of Romania’s economy, posted almost 4.5 billion lei net profit in the first eight months, while lending increased by 5.4% on average, Romania’s central more

2 nov 2020

Romanian consumers took out almost 1.26 billion lei (EUR260 million) worth of new mortgage loans in lei in September, the second highest level in the first nine months of 2020, and 4% higher than in more

15 oct 2020

Romanians borrowed more than 1.2 billion lei in mortgage loans from banks in August, the third highest level in the first eight months of 2020 and 3.6% more than in August 2019. more

9 oct 2020

The summer months came with a rebound in corporate loans after lending plunged by annual rates of 20% to 30% in the spring due to the lockdown required by the COVID-19 pandemic. more

25 sep 2020

Romanians took out almost 1.29 billion worth of new mortgage loans in lei in July, the highest level in seven months, and also 5% higher than in July 2019. more

3 sep 2020

The top ten lenders in Romania by assets posted 2.67 billion lei net profit together in the first half, lower than in the first half of 2019, and accounting for 95.3% of the profit of the entire more

31 aug 2020

Banks in Romania had a margin (spread between interests on new leu loans and the interests on new leu deposits) of 4.91% to 6.31% in the first half, down from the first half 2019, but comparable to more

26 aug 2020

Romania’s banking system posted about 2.8 billion lei net profit in the first half and assets rose to a new peak, RON518.5 billion, following an average increase by 6% in lending, Romania’s more

25 aug 2020

June lowered Romanians’ appetite for mortgage loans. New mortgage lending in lei went down compared with the previous months of 2020 and with the year-ago month. more

24 aug 2020

Banks in Romania granted 2.3 billion lei in new loans to companies in June 2020, more than in April and May, when lending fell due to the lockdown caused by the COVID-19 pandemic. more

20 aug 2020

The summer rekindled Romanians’ appetite for consumer loans, so new consumer loans in lei rose to 1.49 billion lei in June, higher than in April and May, when lending recorded a significant decline more

2 iun 2020

The two months of lockdown due to the COVID-19 pandemic were a time when BCR became a more agile and flexible bank in terms of its operational structure and the digital transformation has become a new more

29 mai 2020

Romanian banking system’s net profit reached some RON1.6 billion at the end of the first quarter and assets increased to a peak of RON518.4 billion, while lending increased by 7.1% on average, more

4 mai 2020

Banks are adapting to the new situation caused by the coronavirus crisis and lending will continue, but it remains to be seen at what rate, depending on the business strategy, risk appetite of each more

23 apr 2020

It is very important not to let the economic downturn that will follow the coronavirus crisis turn into an economic depression, along with a financial crisis, believes Sergiu Manea, CEO of BCR. more

19 mar 2020

Romania’s central bank has announced it would ensure uninterrupted cash flows for all operations and said it fully supported all steps taken by banks to assist individuals and companies affected by more

12 mar 2020

Dan Pascariu, one of the best-known bankers in Romania, got a new extension as a member of the supervisory board of UniCredit Romania, the fourth largest lender in the country, until the end of 2020 more

27 feb 2020

Lenders’ interest income reached RON18.8 billion in 2019, while interest expenses stood at merely RON3.6 billion. more