08.23.2016

KIWI Finance brokered loans worth EUR50 million in the first half of 2016, up 37% against the same period a year ago. more

08.03.2016

Piraeus Bank has decided to cut the down payment required on mortgage loans in lei to 20%, after it was increased to over 40% in May due to implementation of the law on debt discharge. more

07.29.2016

The stock of leu-denominated consumer loans granted to households reached a new record high in May 2016, to RON34.5 billion, up 10% on the year, central bank data showed Friday. more

07.29.2016

Romanian real estate developer Impact Developer & Contractor (IMP.RO) is contracting a mortgage loan from lender Banca Transilvania (TLV.RO), which will be used to finance real estate investments more

07.27.2016

Romanian currency-denominated loans granted to consumers to buy homes totaled RON1.1 billion (EUR247 million) in June 2016, and the balance of mortgage loans reached RON24.4 billion, central bank data more

07.12.2016

Edible oil manufacturer Argus Constanta (UARG.RO) will take loans totaling RON110 million to buy raw materials such as rapeseed, sunflower seeds and raw oil. more

07.11.2016

The number of individual debtors to non-banking financial institutions (NBFIs) stood at 92,300 at the end of May, up by around 10,000, or 13%, compared with May 2015. more

07.05.2016

Nearly two thirds of Romanian businesses are reticent to borrow from banks and wouldn't take loans regardless of low interests , according to a central bank poll. more

07.04.2016

Banks gave local currency loans totaling RON12 billion to individuals in January-May, 50% higher than in the same period last year, due to lower interests on loans in lei. more

06.27.2016

Banks sold Romanian currency-denominated mortgage loans of RON1.3 billion in May 2016, compared with RON0.8 billion in the year-earlier period, which translates into 5,000 loans at an average size of more

05.24.2016

OTP Bank, a mid-sized player in the banking sector, controlled by Hungary’s largest financial group OTP, has decided to raise the down payment required on mortgage loans in lei and foreign currency more

05.16.2016

Banca Comerciala Carpatica has decided to raise the down payment required on mortgage loans in lei from 15% to 28%, due to implementation of the law on debt discharge. more

05.11.2016

ING Bank has raised the down payment required on mortgage loans in lei from 15% to 25%, two days after the implementation of the law on debt discharge. more

05.09.2016

Lender BCR raised the down payment required on mortgage loans from 15% to 35% and cut the reimbursement period from 30 years to 25 years, on the backdrop of the new legislation allowing retail more

05.05.2016

CEC Bank will raise the down payment it requires on mortgage loans to 30% as of May 9, for loans in lei and in foreign currency of up to EUR250,000, due to the implementation of the law on debt more

03.23.2016

The Romanian Government on Wednesday decided that towns and communes can take out loans from the State Treasury within a maximum amount of RON400 million, in order to complete projects of up to EUR5 more

03.02.2016

OTP Bank Romania will grant mortgage loans worth RON84 million under the state guaranteed mortgage lending First Home program this year, based on the funds assigned by the national guarantee fund for more

02.17.2016

The volume of loans granted by UniCredit Bank to the beneficiaries of financing from EU non-reimbursable funds exceeded EUR1 billion since the start of this activity, in the second half of 2009, and more

02.08.2016

The number of clients eligible for mortgage loans will decrease by 60% in the next five years, given that only one in ten would afford a 30% down payment, which will be asked by the banks if the law more

01.13.2016

Loans to the agricultural sector saw the fastest increase in January-November 2015, compared with the same time in 2014, 8%, while other sectors like industry and services saw only modest increase. On more

11.24.2015

Romanian lender Raiffeisen Bank on Tuesday said it will increase by EUR35 million the financing for the loans granted to small and medium-sized enterprises (SMEs) via the Joint European Resources for more

09.22.2015

Four Romanian and Swedish entrepreneurs launched Monday Lendia online platform for customized loan offers on the local market targeting natural persons. more

08.31.2015

Loans granted to companies and individuals by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON28 billion (EUR6.3 billion) at the end of June 2015, more

08.25.2015

Kiwi Finance on Tuesday said it brokered standard mortgage loans of RON100 million in the first half of 2015, accounting for 5% of the total lending volume of RON2 billion countywide. more

08.12.2015

The European Investment Bank (EIB) granted total loans of EUR2.8 billion to Romania between 2010-2014, EUR895 million of which targeted the banks and non-banking financial institutions (IFNs), mostly more