07.24.2012

Romanian private lending edged down to 227.08 billion lei (EUR49.3 billion) in June, from RON227.09 billion a month earlier, central bank data showed Tuesday. more

07.04.2012

Romanians did not rush to borrow money from banks in the first half of the year despite promotional offers. Those who will seek to a get a loan soon might pay high interests and find it more difficult more

06.27.2012

Romanian private lending inched up 0.9% in real terms to 227.09 billion lei (EUR50.85 billion) in May from a month earlier, central bank data showed Wednesday. more

06.21.2012

Bankers in Romania say that even though they have funds, they will wait for the economy and lending demand to rebound first before promoting loan sales more aggressively. more

06.07.2012

The parent banks of three of the largest Romanian lenders, BCR, Raiffeisen and UniCredit Tiriac Bank, had their ratings downgraded by Moody’s on Wednesday, because their exposure to the region is more

06.04.2012

Cross-border lending to Romania’s economy fell by $3.8 billion (or 6.7%) at the end of last year to $52.8 billion, from $56.7 billion at the end of September 2011, and by $9.4 billion (15%) from more

05.30.2012

The weakening of the leu against the euro by around 2% in the past few weeks is a reason for concern regarding clients’ ability to repay their foreign currency loans, but at least for now it has not more

05.29.2012

The biggest risk that the local economy is facing this year concerns the impact that a prospective “disorderly exit” of Greece from the euro zone would have on the risk perception of Romania and more

05.28.2012

Romanian banks sell as few leu-denominated loans that they will not even cover the repayments made by customers, therefore the volume of loans in local currency has gone down by RON1 billion since the more

05.25.2012

Romanian private lending inched up 0.1% in real terms to 224.7 billion lei (EUR50.3 billion) in April from a month earlier, central bank data showed Friday. more

05.21.2012

The fast, excessive and erratic reduction of lending by euro zone banks on the local market is the greatest risk threatening Romania, the central bank (BNR) believes, as a consequence of the more

04.26.2012

Romanian private lending inched up 0.5% in real terms to 224.3 billion lei (EUR51.2 billion) in March from a month earlier, central bank data showed Thursday. more

03.30.2012

Consecutive key rate reductions are not reflected in a resumption of credit because banks, especially Greek and Austrian-owned ones, are unfolding a gradual adjustment of the loan to deposit ratios, more

03.26.2012

Romanian private lending fell 0.7% in real terms to 222.28 billion lei (EUR50.8 billion) in February compared with the previous month on the back of a decrease in leu-denominated loans, central bank more

03.21.2012

The leu's depreciation towards 4.4 against the euro could support the strategy recently adopted by Romania's central bank to encourage lending in lei, and could amount to a breath of fresh air for more

03.19.2012

Romania’s exposure to foreign currency loans, the country’s biggest vulnerability, has increased instead of falling in the three years since the start of the international financial crisis. more

03.14.2012

Romanian banks are too busy correcting their lending policy applied in the years prior to the global financial crisis to focus on new loans, central bank governor Mugur Isarescu said Wednesday. more

03.02.2012

Bankers made loans in lei more expensive at the beginning of the year, and cut interest rates on deposits attracted from clients, as they seek to boost their income from interest rate margins to cover more

02.23.2012

Romanian private lending fell 0.6% in real terms to 222.5 billion lei (EUR51 billion) in January compared with the previous month on the back of a decrease in leu-denominated loans, central bank data more

02.22.2012

Bankers manage to get back only 30% of unsecured consumer loans that default, with the rest amounting to losses, according to a study by the Romanian central bank BNR, conducted on a quarterly basis 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

02.10.2012

Erste Group and its local subsidiary, BCR, will continue to finance the Romanian economy, and will give priority to new leu-denominated loans, while keeping a conservative approach to foreign currency more

02.06.2012

The three consecutive cuts of the key monetary policy rate from 6.25% to 5.5% made by the central bank since November last year and the constant liquidity boosts through repurchase agreements (lending more

01.25.2012

Romanian private lending rose 3.3% in real terms to 223 billion lei (EUR51.3 billion) in December 2011 compared with the same month a year earlier, central bank (BNR) data showed Wednesday. more

01.20.2012

The Romanian economy returned to positive territory last year, after two years of recession, but the growth of the gross domestic product was not felt by the people, as signs of a consumption rebound more