lending
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Bankers expect stricter lending terms
Individual clients and large companies will have to meet stricter criteria in order to receive loans in the second quarter of the year compared with the last few months, according to a NBR (...
Public optimism won't allow interest rate increases to hinder lending
The National Bank's interest rate increases have had a reduced impact on lending in the wake of public optimism over higher incomes. However, the tightening of lending conditions by the comm...
Greek-based Piraeus pumps 1bn euros into retail lending
The volume of loans granted to retail clients by the local subsidiary of Piraeus Bank, one of the largest financial groups in Greece, reached one billion euros at the end of the first quarte...
Lending up, savings down in March
Credit taken out by companies in the private sector sped up once again in March and increased by 3.3% after a slower increase in January and February. In parallel, the appetite for savings w...
EC wants uniform mortgage lending market
The European Commission is in the process of drafting a set of regulations that will homogenise mortgage lending practices in EU member states, after it already adopted the Consumer credit D...
A Romanian, head of ING lending in 10 countries
Mihaela Bitu, 37, ING Bank Romania executive director, has been appointed as regional head of general lending Central and Eastern European products with ING Bank Netherlands, a position from...
BRD: Huge mortgage lending potential
The banking market still has plenty of room for growth, in particular on the segment of mortgage lending, which can absorb new players, believes Petre Bunescu, deputy general manager of BRD-...
Retail lending boom not reflected in overdue sums
With lending to individual customers in full swing, overdue sums accumulated by the population bring a pleasant surprise, by suddenly stalling, after having risen fast over the previous mont...
Consumer lending accelerated in May due to lower interests for RON
Consumer lending accelerated considerably in May, posting the fastest growth of the past nine months. Consumer finance gained steam as early as the beginning of spring, after witnessing a si...