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

02.24.2015

Romanian private lending went down in January, as banks continue to shed bad loans of their books, central bank data showed Tuesday. more

02.13.2015

Philippe Lhotte, BRD chairman and chief executive officer of two and a half years, expects only a slight rise in lending business this year because demand remains weak despite the drop in interests to more

01.29.2015

Banks in Romania had loans granted to individuals and companies worth around 212 billion lei (the equivalent of EUR47 billion) at the end of 2014, down RON7 billion against the end of 2013. The more

01.27.2015

Romanian private lending fell 3.9% in real terms during 2014, due to a significant decline in foreign currency credit, as lower interest rates and the leu depreciation brought on higher demand for more

01.23.2015

The weight of leu-denominated loans has risen by 8% in the past two years, a period that saw a significant decline of leu interest rates and the withdrawal of foreign currency financing lines extended more

01.07.2015

Banks in Romania slowed down balance sheet cleanup at the end of last year, with the weight of bad loans stagnating at 15.3% of the total loan volume in October, according to BNR data. Against the more

12.23.2014

Romanian private lending went up 0.1% on the month in real terms in November, after a similar increase in October, central bank data showed Tuesday. more

11.27.2014

RON-denominated consumer loans totaled 23.8 billion lei at the end of October, up almost 3%, and RON600 million respectively, from the year-earlier period. Against September, the volume of such more

11.25.2014

Romanian private lending went up a mere 0.1% on the month in real terms in October, after a 0.3% decline in September, central bank data showed Tuesday. more

11.24.2014

Radu Ghetea, who has been at the helm of Romanian state-run CEC Bank since 2007, says he wants the bank to be more active on the lending market but this depends on finding new capital sources and one more

11.12.2014

Banks have the cash to step up lending, but the money does not reach the economy due to the lack of trust between entrepreneurs and bankers, partly because of the hundreds of thousands of insolvencies more

11.05.2014

Romania’s central bank on Tuesday cut the key rate again, to 2.75%, in another attempt to encourage lending. Governor Mugur Isarescu urges banks to get close to their customers and not expect them more

10.30.2014

RON-denominated consumer loans stood at 23.6 billion lei in late September, up almost 2% or the equivalent of RON300 million from the year-earlier period. On the month, the stock of these loans added more

10.23.2014

Romanian private lending went down 0.3% on the month in real terms in September, after a 0.2% increase in August, central bank data showed Thursday. more

09.26.2014

Banks in Romania need to complete balance sheet cleanup and focus on resuming lending, to the end of generating new sources of profitability and sustainable growth. more

09.24.2014

End-August, banks in Romania had loans granted to individuals and companies worth 213.6 billion lei (EUR48.4 billion), the equivalent of almost RON8.5 billion below the level of the year earlier more

09.23.2014

Romanian private lending inched up 0.2% in real terms in August, after a 0.7% fall in July, fueled by a increase in leu loans while foreign currency lending extended its decline. more

09.10.2014

The average effective interest rate of Romanian currency-denominated mortgage loans hit an all-time low of 5.2% per year in July, half the level of three years ago, when banks sold only more

09.05.2014

Piraeus Bank, a Greek-held medium-sized player in Romania’s banking system, in January-July 2014 released retail loans matching the value of loans granted in the entire 2013 and reached monthly more

09.03.2014

Banks in Romania continued to reshuffle their territorial networks in the past year, but fewer units were closed down, a sign that bankers do not want to risk having too few units when lending starts more