07.17.2015

Libra Internet Bank granted SMEs loans worth RON30 million with 75% guarantee from European Investment Fund, in the first ten months since the signing of the contract, the bank said in a statement more

07.03.2015

Romanian banks granted new consumer loans worth RON1.5 billion in May, double from the same period a year before and a seven-year high, according to the aggregated data of the central bank. more

07.02.2015

Loans granted to companies and individuals by non-banking financial institutions (NBFIs) included in the central bank's general registry reached RON21 billion (EUR4.7 billion) at the end of March more

06.30.2015

Non-performing loans decreased to 13.5% of all household and corporate lending in April, compared with 20% during the same period a year before, according to central bank data. more

06.24.2015

Small and medium-sized enterprises (SMEs) in Romania may get EUR100 million loans for investments and working capital with subsidized interests and low guarantees from five banks, after Romania more

06.08.2015

Romanian aluminum smelter Alro Slatina wants to take out loans worth over $207 million and the biggest financing of $120 million is a revolving loan facility which will be used to refinance a loan more

05.11.2015

One in five clients of Romania’s largest lender BCR who took real estate loans opted for top floor apartments, due to attractive offers in new residential projects, and the advantageous structure more

05.11.2015

Romanian lender ProCredit Bank granted loans of over EUR20 million to small- and medium-sized enterprises (SMEs) through the Joint European Resources for Micro to Medium Enterprises (JEREMIE) program more

04.15.2015

BCR and BRD, the top two banks in Romania by asset size, have granted over 55% of the 130,000 loans approved since the launch of the First Home scheme, in 2009. more

03.18.2015

Romania’s government on Wednesday discussed a bill regarding the conversion of foreign currency-denominated loans into leu-denominated loans. more

03.16.2015

The value of payment requests submitted by banks to Romania's national guarantee fund for small and medium-sized businesses (FNGCIMM) for non-performing loans (NPLs) rose 45% in 2014, the fund said in more

03.12.2015

The major problem of Romania’s paint market is the lack of consumption as the construction field has not managed to completely regain health after the crisis, says Marinica Potop, general manager more

02.25.2015

Consumer lender Provident Financial, part of British group International Personal Finance (IPF), Wednesday said it granted loans worth EUR132.7 million in Romania and Bulgaria in 2014, up 8% on the more

02.23.2015

Banca Transilvania (TLV.RO) targets an increase of 8% in loans granted to small and medium-sized businesses, to RON10.8 billion, from RON6.83 billion last year. more

02.19.2015

The non-performing loan rate could drop to 10% next year if last year's pace is maintained, Florin Danescu, executive president of the Romanian banking association ARB said Thursday. more

02.19.2015

CEC Bank will be able to grant loans totaling RON735 million this year under the state guaranteed mortgage lending First Home program, the bank said in a statement Thursday. more

01.30.2015

Converting Swiss franc loans into lei at the historical exchange rate would generate a loss of RON5.7 billion, or 0.8% of GDP, for banks that granted such loans, and a 20% addition, as requested by 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

01.14.2015

The number of individuals who were more than 30 days late in paying back loans contracted from banks and non-banking financial institutions climbed to 713,000 in late November 2014, meaning a leap of more

01.07.2015

Polisano drug wholesaler, part of the Sibiu group of the same name, in the last week of 2014 signed an agreement for a EUR10 million (RON44 million) loan with Eximbank, for working capital. In the more

12.29.2014

The volume of overdue loans in Romania banking system fell in November to 26.8 billion lei (almost EUR6 billion), the lowest level in two years and a half, central bank data showed Monday. more

12.18.2014

The local banking system looks completely different from its picture of the autumn of 2008, at the crisis onset, as market players had to adjust to the new conditions, namely low loan demand, falling more

12.08.2014

Four of the seven local large banks that published their Jan-Sept figures reported increases of between 1% and 9% in loan portfolios, but overall, the loan stock contracted by the equivalent of 6 more

12.08.2014

Demand for large loans, mostly corporate ones, hit the lowest level of the past decade, with banks asking for just 890,000 reports from the Central Credit Register (CCR) to get information on 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