08.03.2011

Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The explanation: more

07.29.2011

Erste Group Bank AG (EBS.RO) Chief Executive Officer Andreas Treichl estimated Friday Romanian lending will pick up over the next period as the economy rebounds from the crisis. more

07.25.2011

Romanian private lending rose 3.2% in real terms to 213.6 billion lei (EUR50.5 billion) in June from a month earlier, largely fueled by growing foreign currency loans, central bank data showed Monday. more

07.19.2011

Austrian-owned Volksbank, which ranks eighth by assets in Romania, wants to gradually resume retail lending, frozen over the past two years, but its officials say it will focus more on transactional more

06.29.2011

May brought the fastest monthly advance of private lending in the past year, 1.5%, showing that bankers are successful in finding more clients to sell loans to. more

06.28.2011

Loans in Swiss francs, used in boom years as a means of stimulating sales thanks to the low nominal interests, are now troublesome for bankers as well, not just for clients who chose to borrow in this more

06.23.2011

Romanian lender BCR expects its mortgage loan portfolio will increase by 10%-15% this year compared to 2010, bank official Stefan Coroianu said Thursday. more

06.21.2011

Bankers now only pretend to grant loans, by fighting to take clients from one another, says Elena Petculescu, honorary president of Bancpost. “I am very happy that we ourselves get new clients more

06.20.2011

The current anomalies of the retail lending market have been generated by regulations imposed by the National Bank of Romania, or BNR, at some point, as solutions to certain situations, but the new more

06.17.2011

Romanian banks may have to reduce the maturity of consumer loans to five years from 20 currently, while extending minimum guarantees to 133% of the loan’s value, according to a draft regulation of more

06.16.2011

Banks are toughening the fight over loan refinancing, the only segment that seems to have a growth potential amid lingering market uncertainty. Back in the spring, however, they said this more

06.14.2011

Romanian banking sector is not likely to experience a substantial increase in non-performing loans following the leu’s depreciation against the Swiss franc, central bank deputy governor Cristian more

06.14.2011

“First Home” state-guaranteed mortgage loans remain an option only for clients who cannot afford to pay a 10% or 15% down-payment on the value of the purchase, since there is almost no price more

06.02.2011

Romania ranks last based on lending and asset quality among twelve emerging countries in Central and Eastern Europe, according to a Fitch Ratings survey released Thursday. more

05.30.2011

The rising euro financing costs, particularly for consumer loans, will spur the shaping up of a market of consumer loans in lei, says Rasvan Radu, executive vice-president with UniCredit Tiriac Bank. more

05.27.2011

Lending demand is still frail, as clients are still coping with uncertainty in terms of their income and jobs, and just the promotional campaigns manage to boost sales, says Adrian Jantea, retail more

05.26.2011

April finally brought good news for bankers and not only for them: private lending posted the first increase this year, even though tentative as it was, owing to promotions for consumer loans and more

05.25.2011

Romanian private lending fell 0.3% in real terms to 204.6 billion lei (EUR49.6 billion) in April from a month earlier, and was down 5.7% on the year, central bank data showed Wednesday. more

05.23.2011

Bankers have radically changed consumer loan prices after the shock of the leu depreciation of 2008-2009, which reminded them the foreign-exchange risk is not just in books, and at present more

05.19.2011

Romanian private lending is poised to pick up in the second half of 2011, albeit at a slower pace compared with pre-crisis levels, said Radu Ghetea, head of Romanian Banking Association. more

05.18.2011

BCR, the biggest domestic bank in terms of assets, has taken the market by surprise after having unexpectedly raised the interest rate for leu-denominated consumer loans, to 14.5% a year, thus more

05.13.2011

"Bring clients" is the main target set for BRD's network this spring, says Roxana Cosmescu, recently appointed as an executive manager with the commercial pole of the network of BRD, the second more

05.11.2011

Consumer loan demand is showing signs of growth, but it is not the healthy result of wage raises, instead reflecting the need for money of people short on cash, says Rasvan Radu, CEO of UniCredit more

05.10.2011

BCR, the biggest bank on the Romanian market, has seen daily applications for consumer loans double in the six weeks since launching a campaign to promote leu-denominated funding with a fixed 12.5% a more

04.27.2011

Romanian private lending fell 1.9% in real terms to 203.9 billion lei (EUR50.05 billion) in March from a month earlier, and was down 5.3% on the year, central bank data showed Wednesday. more