02.23.2012

ING Bank, the ninth largest bank on the Romanian market by assets, wants to make 2012 the year of lending in lei and plans to focus on selling products in local currency, from consumer loans and cards more

02.01.2012

Loans granted by Romanian banks for home acquisitions rose by EUR1 billion last year, reaching the equivalent of EUR7.75 billion, according to data from central bank BNR. more

01.12.2012

BCR, the largest bank on the market, raised its interest rate margin by over one percent on euro-denominated mortgage loans, to 5.95% above six-month Euribor, and by half a percent for leu-denominated more

09.30.2011

Mortgage lending recorded another month of growth in August, with the overall volume of loans climbing at the equivalent of EUR7.3 billion, helped by funding available through the state-guaranteed more

08.30.2011

Sales of state secured loans sped up mortgage loan growth in July, with the volume of funding for buying a home climbing by the equivalent of EUR100 million last month. more

08.04.2011

The increase in the cost of euro funding and the decline in interests on the Bucharest monetary market have not persuaded Romanians to borrow in lei instead of euros, so bankers have managed to sell more

07.20.2011

Banca Comerciala Romana (BCR), Romania’s largest bank by assets, has raised mortgage loan interest rates after a promotional campaign that lasted for one month and a half expired at the end of last 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

05.05.2011

Romanian central bank will most likely refrain from measures to limit mortgage and real estate lending in foreign currency, because the local market is unable to provide adequate financing resources more