Bankers
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Banks granted 100m euros to local authorities in Q1
Bankers granted around 100 million euros in funding to town halls and to county councils in the first three months of 2011, nearly six times more than in the corresponding period of last yea...
Provisions slow down: monthly growth, no higher than half a billion lei
The monthly growth pace of provisions started to slow down from the fourth quarter of 2010, and February brought bankers a new breath of fresh air.
Overdue CHF loans top 200m euros in February
Clients who took out Swiss franc loans lured by the low interests displayed by bankers have fully felt the exchange rate increase, and their overdue payments have risen three times in a sing...
Bankers boost profit margins in February
New loans for individuals and for companies, both leu-denominated and euro-denominated ones, became up to two percent more expensive, while deposit interests continued to decline, which show...
Overdue loans climb 14% in Galați and Ialomița
Bankers are experiencing the biggest troubles in Galați and Ialomița counties, where the share of overdue payments exceeded 14%, almost double the market average.
Bankers' optimism fails to revive loan demand
February came with another unpleasant surprise, with private lending continuing to decline, showing that bankers are still unable to sell enough loans to cover repayments, despite many playe...
Bankers turn unsecured consumer loans into mortgages
Bankers last year started a sterile war of refinancing deals, whose only outcome was improved coverage with guarantees, as many consumer loans were bundled into larger mortgage loans, but no...
How far bankers have gone with fees
Spurring receipts from fees levied to clients for daily operations has been bankers’ main objective in the past two years, as plummeting loan sales have pushed them to seek alternative inc...
Bankers move again to make consumer lending cheaper
Banks' individual clients borrowed at lower rates last year, with the annual percentage rate for RON consumer loans reaching 17.5% per annum in December 2010, down almost 4.5% from the same...