lending
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Franke: We're not affected by lending fluctuations
Franke Romania, the local branch of the Swiss group Franke, a retailer of fully-equipped kitchen systems, has revised its business growth estimates for 2007, which stood at around 12 million...
BCR launches new lending norms
BCR (Romanian Commercial Bank) is expecting to see its credit sales double over the next few months, after it started granting loans under its own regulations on Monday, allowing for instalm...
BCR to get lending norms approved soon
BCR is the third lending institution whose retail lending norms should be approved by the National Bank soon, banking sources told ZF. The biggest bank on the market plans to segment its loa...
Bankers unhappy with delay in approval of lending norms
The apparently limitless extension of the time that the NBR is taking to approve the lending norms of individuals has caused concern for commercial bankers, who are starting to publicly accu...
Many banks fail test of lending norms
The Supervisory Authority of the NBR (National Bank of Romania) has identified no less than 20 different faults in the lending norms for individuals, which have so far been sent by around 14...
Austrians rely on rapid growth of retail lending
Retail lending, which accounted for 12.1% of the GDP at the end of 2006, will see a faster growth rate than the overall non-governmental lending within the next three years. Its growth drive...
New lending boom before Easter
Demand for credits experienced a record high before the Easter holidays, with the number of queries about potential clients for banks addressed to the Credit Bureau hitting an all time high...
Volksbank wants bigger share of real estate lending
Volksbank, one of the market players that enjoyed one of the fastest rates of growth last year, plans to reach a 10% share of the real estate lending market by releasing new products, includ...
"Unorthodox" steps taken to slow down lending boost short-term foreign debt
The short-term foreign debt, mostly generated by the private sector, is "completely open to growth" and has become a factor that cannot be overlooked by the NBR, even a reason for concern, N...