Consumer
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Consumer finance makes up 15% of GDP
The appetite for consumer loans puts Romania second in the region in terms of the share of this type of financing in last year's GDP, but at the same time the country is a laggard in terms o...
Housing loans disguised as consumer loans leave mortgage credits behind
Consumer loans secured by a mortgage accounted for 22% of overall loans taken out by individuals, that is 4.5 billion euros, according to the Financial Stability Report published by the NBR....
Belgienii de la KBC se limiteaza la strategia de nisa: consumer finance, leasing si securities
"In Romania vom avea o abordare de nisa: pe consumer finance, leasing si securities. Selectiv vom avea si activitati de private equity, cu accent pe companiile locale cu capitalizare de piat...
Consumer and mortgage credits in exotic currencies top 2bn euros
The population's appetite for credits in exotic currencies remains high, despite the repeated warnings issued by the NBR (National Bank of Romania). The volume of consumer and mortgage credi...
Appetite for consumer loans will remain high until 2010
Consumer lending will increase substantially over the next two years, and will eventually account for 22.7% of the Gross Domestic Product, compared with 14.8% at the end of last year, believ...
UniCredit accelereaza cresterea retelei si se pregateste de consumer finance
"Mai avem nevoie de circa sase luni pentru ca firma de credite de consum sa devina operationala. Avem deja toate aprobarile necesare la nivel de grup si am inceput angajarile. UniCredit Cons...
Interest rate increase tempers consumer demand
The growth rate of consumer credits slowed down in the first month of the year, marking a 3.1% monthly advance, given that banks significantly increased interest rates since last autumn, ami...
Santander cumpara unitatea RBS de finantari pe segmentul consumer
Banco Santander a fost de acord cu preluarea operatiunilor de consumer finance business din Europa, a bancii Royal Bank of Scotland, informeaza MarketWatch. Santander spera sa isi extinda op...
KBC invests 10m euros to enter consumer credits market
Belgian group KBC invested 10 million euros to launch activities on the local consumer credit market through KBC Consumer Finance, a company created at the end of last year, a report publish...