07.15.2011

Those who now regret that they took out a loan in Swiss francs, as the franc is now 75% stronger against the leu compared with 2007-2008, at around RON3.7, should prepare for worse. Foreign analysts more

07.11.2011

With the Swiss franc at an all-time high against the leu, bankers can do nothing but sit and watch the overdue loans rise fast. After the franc has gone up 60% against the leu since the beginning of more

07.05.2011

Romanian overdue payments on loans worth at least 20,000 lei (around EUR4,800) rose to RON17.47 billion in May, 42% higher on the year, central bank data showed Friday. more

07.05.2011

The Finance Ministry paradoxically has the upper hand over bankers because at the end of July it is in banks’ best interest not to be stuck with the EUR2.4 billion that the state has to repay them more

07.04.2011

Credit cards, aggressively promoted by banks over the past two years, have been moved to the sidelines by bankers, who now are now relying on clients’ appetite for consumer loans or refinancing. more

06.29.2011

Overdue private loans in foreign currency increased by 4.7% in May, while overdue loans in local currency inched up 0.4%, according to data published by the central bank Wednesday. more

06.29.2011

Romanian small and medium enterprises may take out loans of up to 125,000 lei (EUR30,000), partially guaranteed and subsidized by the state, in order to cope with the problems caused by the economic more

06.22.2011

Something that seemed inconceivable during boom years, namely for a bank to collect the installments for the loans that one of its peers sold, as it does for an utility, now comes as a natural more

06.22.2011

Romanian household lending has limited growth potential as demand is expected to remain subdued for another two to three years, said Ionut Dumitru, chief economist at Raiffeisen Bank Romania. more

06.21.2011

Romanian steel maker Mechel Targoviste (COS.RO) proposed borrowing EUR100 million to finance working capital and potential commitments, the company said Tuesday. more

06.20.2011

Clients with high incomes, wooed by bankers during the boom years with high foreign currency loans and installments as high as three quarters of their salaries at times, are now giving bankers the more

06.17.2011

Foreign currency lending should not be regulated by central bank’s decision and any possible restrictions should be the prerogative of every lender, the head of Romanian Banking Association said 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

Romanian banks should focus more on corporate loans, as consumer lending nears saturation point, central bank governor Mugur Isarescu said Thursday. more

06.13.2011

Individual clients could borrow more easily from banks this summer because lenders are set to ease access to both consumer and real estate loans, according to a survey conducted by the National Bank more

06.09.2011

Individual customers' overdue payments on bank loans unexpectedly jumped in April, overshooting the 6 billion lei (EUR1.4 billion) mark for the first time, central bank data revealed. more

06.09.2011

State-owned companies behave themselves when it comes to paying back bank loans, with overdue loans accounting for merely 0.1% of the total. This, however, is because the banks impose strict more

06.02.2011

Holders of euro-denominated loans should prepare to pay higher installments because this month most banks will reset interests on loans whose cost is tied to the Euribor indicator, which has doubled 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

05.30.2011

A rising number of clients are having trouble repaying their loans, so that overdue installments have already climbed to 14-15% of overall funding released by banks in less economically developed more

05.26.2011

Romanian overdue private loans rose 1.4% on the month to 18.04 billion lei (EUR4.36 billion) in April, equal to 8.75% of the total lending, central bank data showed Thursday. more

05.26.2011

The number of small and medium-sized companies (SMEs) unable to pay back their loans has decreased this year and SMEs have started taking loans for investments rather than mere subsistence, Thursday more

05.24.2011

The wave of promotional offers for consumer loans that bankers brought to the market this spring has failed to persuade clients to borrow more, with sales continuing to be below the volume of loan more

05.19.2011

Banks continued to borrow from abroad in the first quarter, as the savings capacity of local companies and households is diminishing, but the trend is to switch from shorter maturities to longer ones. more

05.06.2011

Overdue payments on loans worth at least 20,000 lei (EUR4,850) rose to RON16.4 billion in February, 62.7% higher on the year, Romanian central bank data showed Friday. more