lending
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Mortgage lending exceeds 8bn RON in 2006
Mortgage lending at the end of last year exceeded the 8 billion RON (2.36 billion euro) mark, following a 53% rise against December 2005. Last year, mortgage lending expanded at a much slowe...
Consumer lending cools off in Q4
The appetite for consumer loans slaked toward the end of last year. In December, the volume of consumer finance advanced by only 1.4%, compared with monthly paces of almost 10% seen at the m...
Banks bring 11bn euros from abroad to fuel lending
The foreign debts of the banking system exceeded 11 billion euros at the end of November 2006, after having surged by around 41% from the level registered in 2005. At the same time, foreign...
Mortgage lending slowdown in November again
Real estate and mortgage lending further slowed down in November 2006, for the second month in a row. The amount of these loans in November 2006 rose by only 3.8%, to 7.83 billion RON (2.28...
NBR drops cap on foreign currency lending
NBR drops cap on foreign currency lending
Loans leave bank deposits behind after three years of lending growth
Loans leave bank deposits behind after three years of lending growth
NBR puts a damper on RON lending growth
The National Bank was quick to move from "frowning upon" the lending in RON this spring to concrete steps to take the wind out the sails of domestic currency lending. Its Board of Governors...
Alpha Bank wants 8% share of lending market
Alpha Bank plans to attain a 7.5-8% share of the market of non-governmental lending by the end of 2008, says Sergiu Oprescu, executive vice-president of the bank. At the end of March, the to...
Consumer lending in RON still growing
Consumer lending continued to expand at a fast pace in April, mainly fuelled, as seen in previous months, by the financing in RON. Consumer lending in April grew by 7.1%, slightly slower tha...