12.07.2011

Loan demand rebounded spectacularly in October, with the number of credit reports issued by the Central Credit Register (CRB) of the BNR almost tripling against preceding months, to 305,000 queries. more

12.07.2011

In a bid to compensate for the loss of support from parent banks, local bankers try to attract as many resources as possible from companies, paying interest of up to 4% on euro deposits. more

12.05.2011

Loans have become more expensive in the last few months after Romanian banks had steadily cut interest rates in the first half of the year, both for loans and for deposits. more

11.24.2011

Romanian private lending fell 0.8% in real terms to 221.03 billion lei (EUR50.7 billion) in October from a month earlier, central bank data showed Thursday. more

11.09.2011

The National Bank monitors banks’ liquidity and solvency and has so far noticed no net capital outflows, but does not rule out such moves occurring in the future. more

11.07.2011

BRD-Societe Generale, the second-largest bank on the Romanian market, has not found enough clients to match the value of repaid amounts, so the volume of loans fell 3% in September against the similar more

11.03.2011

September came with cheaper retail loans in euro, that is exactly those loans targeted by the central bank (BNR) restrictions, while loans in lei became 0.5% more expensive. more

11.01.2011

Banks in Romania will require a down payment of at least 25% for mortgage loans in euro and 40% for mortgage loans in other currencies, if the client’s incomes is not expressed and indexed in the more

10.27.2011

Romanian mortgage market relies heavily on the foreign lending and killing the foreign loans altogether would be a “grave error,” central bank governor Mugur Isarescu said Thursday. more

10.26.2011

Private lending was up in September, solely driven by corporate loans, because consumers were again afraid to take on debt. more

10.25.2011

Private lending rose 2.7% in real terms to 221.4 billion lei (EUR51.21 billion) in September compared to August, central bank data showed Tuesday. more

10.04.2011

Bankers are keeping up pressure on clients holding loans as these are the main income source given the low sales of new loans. more

09.26.2011

More than 71% of unsecured consumer loans granted to young people aged between 18 and 25 had gone sour by late June; this is the client category causing bankers the biggest headache, central bank more

09.23.2011

Romanian private lending edged down 0.2% in real terms to 215.7 billion lei (EUR51 billion) in August compared to July, central bank data showed Friday. more

09.23.2011

The new regulations Romania’s central bank (BNR) has prepared for household lending will certainly lead to a decline of the retail banking business, says Murat Atay, general manager of Garanti Bank more

09.23.2011

Romania is in the odd situation where transactions are concluded in lei, but many prices are set directly in euros, so that the economy is basically relying on the euro, so why should leu-denominated more

09.20.2011

Tuesday is the deadline by which the Romanian National Bank accepts comments and proposals on the draft regulation set to drastically restrict lending in foreign currency to individuals, but the more

09.14.2011

Volksbank Romania on Wednesday said it has restarted lending, after a two-year break, by launching new home purchase loans available in euro and in leu. more

09.13.2011

Prices were down for the third month in a row in August, as a result of the good farming year, but also of the decline in demand. more

09.08.2011

The Romanian central bank (BNR) is looking for the first time to encourage lending in lei instead of foreign currency for mortgage loans, but interest rates are double as high. more

09.06.2011

Consumer loans will have a maturity of at most five years, and clients will have to guarantee 133% of the loan’s value, while real estate financing in euro will require an advance of at least 30%, more

08.25.2011

After two years of decline, private lending has been on the rise for the last four months, with companies borrowing most new money. more

08.25.2011

A faster recovery of lending is not possible on the short term, analysts believe, given the recent weeks’ international market turmoil, likely to lead to rising borrowing costs. more

08.24.2011

Romanian private lending rose 1.5% in real terms to 216 billion lei (EUR50.7 billion) in July from a month earlier, central bank data showed Wednesday. more

08.11.2011

Fitch Ratings Thursday warned Romania could see a new spike in foreign currency lending due to prolonged high inflation, which forces the central bank to keep interest rates above eurozone levels, the more