Banks In Romania See Loans Worth RON8B Vanish From Portfolios In Just One Year

08.27.2014 By Ciprian Botea

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 lei to make up for the decline in foreign currency lending. Lending volumes dropped by over RON8 billion in the past year, according to central bank data.

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Keywords:
banks
, leu loans
, foreign currency lending