borrowing
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Treasury finally successful in borrowing cheaper as year draws to a close
The state paid less for the money borrowed in the last few weeks, with banks accepting lower yields given the surplus short-term cash on their hands, despite having asked for higher interests in the summer using the sovereign risk as an argument.
ECB rate hike to boost borrowing costs
Analysts anticipate ECB's decision to raise its benchmark rate by a quarter of a percentage point to 4.25% per annum will drive financing costs up, at least by a similar amount, but the time...
Corporate sector heavily borrowing from abroad
More than 50% of the corporate loans granted in foreign currencies by UniCredit Tiriac since the beginning of the year (accounting for both the former HVB Tiriac and UniCredit Romania) were...
Saving or borrowing: the big dilemma
Bankers consider that savings and consumption should grow in parallel because there''s plenty of room for both, considering the low levels they are at now. On the other hand, maintaining RON...
EBRD: borrowing, difficult for small businesses
EBRD: borrowing, difficult for small businesses
Borrowing appetite slows
Borrowing appetite slows
Poor debt repayment on borrowing worries insurers
Poor debt repayment on borrowing worries insurers
Fast-spreading borrowing frenzy forces Insurance Supervision Commission to take steps
The fast-spreading crediting frenzy among individuals has alarmed not only the banking system supervision authorities but also the insurance supervisors. The sales of credit and guarantee in...
Romanians develop borrowing frenzy, banks happy to oblige
The banks kept meeting the demand for credits from individuals and companies in June, so that the balance went up to nearly 225,000bn ROL six months through the year, 25% above the December...