lending
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Is relaxation of lending terms coming?
Bankers have become much more cautious when it comes to granting real estate loans since the beginning of the year, but now have to relax terms in order to find clients for loans.
Anaemic lending will further reduce consumer-spending appetite
The decline in the flow of new credits granted to the population by 75% in the first quarter of the year against the similar period of last year will further reduce the consumer spending app...
Gelin: NBR needs to cut interest rate to revive lending
The key to reviving lending is to have NBR cut the key rate for RON, because with the current levels of interest rates on the market, there is no demand for loans any longer, Patrick Gelin,...
Big questions for a tough year ahead
The year 2009 looks set to be a year of questions. Most of these questions concern the most dynamic markets thus far: real estate, automotive and lending.
Analysts: Lending growth will slow down to 5% in 2009
Analysts foresee a significant slowdown in lending in 2009 and even a deceleration of around 5% compared with 2008, which will implicitly lead to a decline in consumption and make an impact...
New lending norms to have almost no impact on UniCredit Tiriac's business
UniCredit Tiriac Bank is preparing to implement the revised lending norms for the population, after becoming the first player in the system to have received the approval of the NBR (National...
NBR does its best to restrict lending
NBR could speed the enforcement of new regulations on lending for individuals, with the draft still on the experts' table and set to be debated tomorrow during the meeting of the Board of Go...
BRD becomes more selective with lending to SMEs
BRD-SocGen, the second largest player in the banking system in terms of assets, will continue network expansion, but with a more selective policy and feels the need to slow down lending for...
Volksbank's lending business grows by 100m euros a month
Austria's Volksbank, a top ten player that has pursued aggressive growth on the retail segment in recent years, at the middle of this year had a volume of loans granted of 2.9bn euros. After...