credits
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ROL credits grow faster
Non-governmental lending in ROL rose 21.84% to 80,997bn ROL in the first four months of the year, while the balance of foreign currency loans reached 123,717bn ROL, 11.4% more than at the en...
Many banks, few credits
The 31 Romanian commercial banks and eight foreign bank branches did not manage to bring the financial brokerage level in Romania (the non-governmental lending share in the GDP) to more than...
More ROL for credits
The decline of the interest rates for credits in ROL is starting to show. The same is happening to the interests for deposits, which have practically plummeted, discouraging short-term savin...
National Bank of Romania says reform first, credits next
The Romanian economy needs credits to develop, while PM Adrian Nastase requested NBR to cut interests as to match the inflation decline in order to allow as many companies and individuals as...
Guarantor free mortgage credits
The Romanian mortgage credit market has a tremendous potential, the specialists of the European Bank for Reconstruction and Development (EBRD) say. At the same time, the economy rebound mate...
ROL credits ready for takeoff
Companies and natural persons alike are beginning to favour credits in ROL over foreign currency lending, unlike the first half of 2002, when the euro and the dollar were the top financing c...
Banks get cleaner, but credits grow scarce
Romanian banks have managed to redress their crediting system over the last eighteen months by eliminating Bancorex, Bankcoop, Albina and Banca Internationala a Religiilor (International Ban...
Banks get cleaner, but credits grow scarce
Banks get cleaner, but credits grow scarce
Cheap credits are not necessarily the most appropriate
Which is the most worthwhile credit: the lei or foreign currency-denominated one? At a first glance, the answer is the dollar-denominated credit because it is cheaper and the interest rate i...