frenzy
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Swiss franc lending frenzy about to spread to Romania
After Hungary and Poland, the exotic Swiss franc loan frenzy is about to spread to Romania. Two banks, OTP and Porsche Bank, are betting on the allure of the interests, which are visibly lower for the loans in francs compared to the euro, to work their way ont...
Season shopping frenzy keeps banks and stores working around the clock
Season shopping frenzy keeps banks and stores working around the clock
Christmas frenzy over, time for clearance sales
The clearance sales, that is the end-season rebates in Romania are beginning to resemble those in the Western Europe: a well defined period eagerly awaited by all shopping addicts, albeit no...
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...