credits
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BCR & BRD: bulk of credits granted to trade sector
Companies that are involved in trade account for the bulk of funding granted by large banks to the corporate sector, indicate the financial reports of BCR and of BRD-SocGen. In the case of B...
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...
CEC to limit access to credits in foreign currency
CEC (The Romanian Savings Bank) will focus on granting funding in RON for individual clients, especially after recent exchange rate volatility has indicated that foreign currency loans can c...
Schreiner: NBR should only discourage consumption credits
The central bank should try to discourage short-term credits, which fuel consumption, but do not affect investment financing, says Gerald Schreiner, CEO of Volksbank, the eighth bank in the...
300m-euro real estate credits in November
Mortgage credits saw a strong increase in November, aided by the rebound of credits in foreign currency and reached a volume of 13.18 billion RON (3.77 billion euros), shows data from the NB...
Banks' clients will have 14 days to cancel consumer credits
Clients who take out consumer credits will be able to cancel the loan within 14 days from the signing of the contract without giving a reason, and without having to pay any additional tax, a...
Cargus takes out first credits for expansion
Cargus, one of the leading players on the domestic courier market, will start an investment programme worth over 10 million euros this year, in order to sustain an annual 50% turnover growth...
Banca Romaneasca targets credits worth 2.3bn euros
Banca Romaneasca, the local branch of the National Bank of Greece, has budgeted an 80% increase in the value of credits to be granted this year, to 2.3 billion euros. According to preliminar...
Volume of credits granted by TBI double after 9 months
The volume of credits granted by TBI Credit, a member of the financial services group TBI, reached 90 million euros at the end of September, up 125% against the same time last year. "There w...