Consumer
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Consumer lending: how high can it go?
One thing is certain: Romanians are keen on borrowing. In just five years, the amount of loans taken out has doubled, reaching 20% of GDP. However, as compared with its neighbours, Romania r...
Consumer lender from Cosmo and TBI
Home appliances retailer Cosmo and Dutch TBIH Financial Services Group will launch a consumer credit company by the end of the year. The Dutch holding is already operating on the domestic ma...
Daewoo Bank offers new consumer loans
Daewoo Bank offers new consumer loans
Central bank governor criticises naive appetite for consumer loans
Central bank governor criticises naive appetite for consumer loans
Altex adds consumer loans firm
The electronics and home appliances retailer Altex has set up a consumer loans company called Credex together with Raiffeisen Bank, into which they intend to invest up to 20 million euros, t...
Consumer lending growth reaches eighteen-month high
Consumer lending in May saw the highest rate of growth for the last eighteen months, rising to a total of 105,139bn ROL (2.9bn euros), National Bank data show. In percentage terms, the rate...
GE eyes consumer loan market
General Electric (GE), the world''s biggest company in terms of market value, plans to boost its presence in Romania, primarily targeting the railway and power infrastructure. The US giant i...
Consumer confidence plummets in March and April, consumption on the rise
Consumer confidence plummets in March and April, consumption on the rise
BNP Paribas buys consumer finance provider Credisson for 40 million euros
BNP Paribas buys consumer finance provider Credisson for 40 million euros