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lending

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ZF English

Lending growth still weak, clients more sheltered from abuse

A new start for the banking market: though not much has been left from Ordinance 50 on old retail loans, the kind of abuse against clients registered so far will no longer be possible. The possibility of loan refinancing will tighten competition among banks, a...

Ciprian Botea · 03.01.2011 · 00:06 · 1 min
ZF English

Isărescu: Decision to take on debt was a democratic one

Governor Mugur Isărescu admits that the enormous private debt was what prompted the state to seek assistance from the European Union and the International Monetary Fund, but believes the dec...

Liviu Chiru · 24.11.2010 · 23:10 · 1 min
ZF English

IMF lends another 900m euros to Romania

Another 884 million euros are going into the foreign currency reserve managed by the NBR (National Bank of Romania) after the IMF board approved on Friday the release of the sixth instalment...

Razvan Voican · 26.09.2010 · 23:56 · 1 min
ZF English

BRD manages to preserve profit despite Q1 lending drop

BRD-Groupe Societe Generale, the second largest bank domestically in terms of assets, in the first quarter generated net income worth 199.2m RON (48.4m euros), down 5% from a year ago.

Andrei Chirileasa · 03.05.2010 · 17:50 · 1 min
ZF English

Non-government loans fail to recover: annual decline deepens to 8.2%

Banks did not show signs of seeking to resume lending, with the volume of non-government loans falling by almost two percent against the end of 2009, whilst savings of the population and of...

Ciprian Botea · 23.02.2010 · 20:02 · 1 min
ZF English

Arrearage deepens as companies run out of cash

Arrearage in the economy continues to deepen as a result of the lack of cash and of restrictive lending terms, with more and more companies finding themselves issuing payment instruments wit...

Ciprian Botea · 20.08.2009 · 17:28 · 3 min
ZF English · Banks

ATE Bank, two-digit growth on lending and deposits in H1

ATE Bank, a small bank controlled by ATE Bank Greek financial group, in the first half of this year managed to generate two-digit increases both in terms of lending and deposits attracted fr...

Liviu Chiru · 22.07.2009 · 16:18 · 2 min
ZF English

UniCredit Tiriac VP: Slowing down lending to the maximum is no solution

The big dilemma of every banker today is to whom they should grant loans, and the nose, which is based on experience, is more important than ever, says Daniela Bodirca, vice-president of Uni...

Razvan Voican · 19.07.2009 · 17:21 · 2 min
ZF English

Lending won't rebound too soon

Lending will not rebound too soon, even with an aggressive interest rate cut by the NBR, because, besides the monetary policy relaxation, the trust among banks and between banks and their cl...

Razvan Voican · 07.07.2009 · 18:55 · 2 min