01.28.2016

Romania’s economy might grow by more than 5% this year, as a result of the latest economic developments and the continued rise in consumer spending, Andrei Radulescu, senior economist with Banca more

01.27.2016

Romanian private lending declined 0.6% in real terms on the month in December, to RON217.53 billion, but grew 4% in real terms throughout 2015, central bank data showed Wednesday. more

01.21.2016

more

12.28.2015

Romanian private lending rose 1.9% in November compared with October, to RON218.5 billion, central bank data showed Monday. more

12.21.2015

Retail lending will see a double-digit increase in 2016, mainly on the consumer loans segment, considering that low interest rates offer favourable conditions to finance private consumption, Dana more

11.24.2015

Romanian private lending edged down 0.2% in real terms and rose 0.1% in nominal terms in October compared with September, to RON214.45 billion, central bank data showed Tuesday. more

11.19.2015

Non-banking financial institutions members of the ALB Romania association, which make up for 78% of the local consumer lending market, granted financing of EUR1.78 billion in the first nine months of more

10.23.2015

Romanian private lending rose 0.2% in nominal terms and remained virtually unchanged in real terms in September compared with August, to RON214.33 billion, central bank data showed Friday. more

09.23.2015

Romanian private lending rose 1.2% in real terms in August compared with July, to RON213.87 billion, central bank data showed Wednesday. more

08.26.2015

Lending caused a negative surprise in July after a first half when its decline had gradually slowed down, reaching a mere 0.1% in June and fueling hope that the loan stock would see annual growth for more

08.25.2015

Romanian private lending declined 1.1% in real terms in July compared to June, to RON212,3 billion, central bank data showed Tuesday. more

07.14.2015

The lending revival will boost the life insurance market in 2015, which will be the only source of growth of underwritings on this segment, according to Emilia Bunea, CEO with Metropolitan Life. more

07.01.2015

The Romanian Government increased the threshold for net lending to cover the payment requests within the European Union financed projects by 1 billion lei, to a total RON5 billion. more

06.25.2015

Romanian private lending stopped its decline in May, rising 0.8% in real terms against the previous month, after a 0.3% decrease in April, central bank data showed Thursday. more

06.18.2015

Banks and clients need to remember the lessons learned during the crisis but shouldn't go forward always looking in the rearview mirror, as the crisis has ended and entrepreneurs are starting to trust more

06.15.2015

The agriculture and industry sectors registered a positive lending demand in April compared with the same period a year ago, while financing to construction sector fell 8%, according to data of the more

06.10.2015

Romania will register by 2019 the highest increase in lending among South-East European countries, with an average annual rate of 12.4%, on the back of economic recovery and low interests that fuel more

06.03.2015

BCR needs to ‘structurally’ improve its relationship with the corporate customers and to do so it will completely reassess the lending products and processes on this segment, says Andreas Treichl, more

05.27.2015

Romanian private lending extended its decline in April, falling 0.3% in real terms against the previous month, after a similar decrease in March, central bank data showed Wednesday. more

05.26.2015

Any legislative act that will allow debtors to repay their loans with the mortgaged properties will totally inhibit lending, said Mugur Isarescu, governor of the Romanian central bank. more

05.05.2015

Lending will grow 2.3% this year and 4.3% next year, especially on the retail lending segment, where it is seen growing 5.2% in 2016, driven by the First Home mortgage lending program, while deposits more

04.27.2015

Romanian private lending continued its downward trend in March, after a 0.4% monthly decline in February, central bank data showed Monday. more

04.20.2015

The number of home buying loans overshot the 300,000 mark, driven by the leu lending. The stock of leu-denominated mortgage loans tripled in one year to more than 10 billion lei (EUR2.3 billion). more

04.02.2015

Bancpost, the Romanian subsidiary of Greek group Eurobank, has finalized the restructuring process through which it shut down a quarter of its branch and agency network last year and in 2015 expects a more

03.24.2015

Romanian private lending continued its downward trend in February, after a 0.7% monthly decline in January, central bank data showed Tuesday. more