consumer loan
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Bankers teach clients to borrow in lei by making FX loans more expensive
Bankers have radically changed consumer loan prices after the shock of leu depreciation of 2008-2009, which reminded them the FX risk is not just in books, and at present leu-denominated unsecured loans are cheaper than foreign currency-denominated ones.
UniCredit boss: Corporate sector is still suffering
Consumer loan demand is showing signs of growth, but it is not the healthy result of wage raises, instead reflecting the need for money of people short on cash, says Răsvan Radu, CEO of UniC...
Lending revival: BCR collects 75,000 consumer loan applications in 6 weeks
BCR, the biggest bank on the Romanian market, has seen daily applications for consumer loans double in the six weeks since launching a campaign to promote leu-denominated funding with a fixe...
Provident increases capital by 17.4m euros to cover losses
Consumer loan company Provident has increased its share capital with a sum equivalent to almost 17.4 million euros in November last year, in order to cover operating losses recorded in 2007...