instalments
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Interest-free instalments prop up credit card sales
Schemes of purchases in instalments carrying zero interest have been driving sales of credit cards this year, despite the prolonged recession and clients' rising reluctance to lending products. Raiffeisen introduced the facility in spring and says that in May-...
Banker: Loan value could be reduced to have lower instalments
A banker proposes as a first to write down loan amounts in order to unfreeze the banking market.
Late instalments leap to 6.9% of overall loans
The value of overdue instalments by the population and companies climbed by nearly 930 million RON (220 million euros) in August, to a 14.4 billion-RON high, with their share in the overall...
Dascalu: The first thing I think of in the morning are instalments
Businessman Iulian Dascalu, the biggest mall owner, but also one of the most indebted Romanian entrepreneurs, says he is feeling the pressure of instalments for the over 200m-euro loans he h...
Why can't clients pay instalments by card at the bank?
Whilst encouraging clients to use cards when paying in stores instead of withdrawing cash, bankers forget to accept them at their own counters, where bills, taxes, and even credit instalment...
Bankers expect 10-20% of public sector employees to have trouble paying instalments
Following the implementation of 25% salary cuts in the public sector system, bankers expect 10-20% of those who have loans to fall behind with their payments but they are not very worried ab...
Banks and retailers warm up to instalments
One month after having introduced payment in instalments via credit cards through retailers, Raiffeisen Bank says it is overwhelmed by demand from trade and services companies, which want ac...
NBR: Romanians are overindebted
Romanians are finding it increasingly hard to pay their monthly instalments to banks, which now account for 22.4% of the population's available income in September last year, compared with a...
Instalments for three rooms: from 600 to 350 euros in two years
The monthly instalment of a loan for the purchase of a three-room apartment in Bucharest has dropped from around 600 euros to 350 euros in less than two years amid the almost 50% lower price...