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NBR: Banks should balance loan deposit ratio
Bankers should consider more carefully the balance between deposits attracted in one currency and the credits granted to clients, warned the NBR (National Bank of Romania) Governor, Mugur Is...
Cetelem forecasts stagnation on the loan market
The mortgage loan segment could stagnate this year due to an increase in the interest rate, triggered by tougher refinancing. However, Cetelem forecasts an 80% increase in the volume of rele...
Shocking increase in BCR loan prices
BCR, the largest bank on the market raised the interest of consumer and real estate loans in RON yesterday. The step covers those loans in RON whose interest rate is revised every six months...
Oresa sets 1bn-euro loan threshold for Kiwi Finance sale
Swedish-based Oresa Ventures investment fund, which last summer acquired Romania's biggest loan broker, Kiwi Finance, could sell the business as soon as it reaches 1bn euros in financing han...
Banca Romaneasca doubles loan portfolio
Banca Romaneasca, the local branch of the National Bank of Greece - one of the largest Greek financial groups, managed to double its portfolio of credits last year to 1.53 billion euros. The...
80% of RCS&RDS pledged as collateral for loan
Businessman Zoltan Teszari, owner of RCS&RDS telecom operator, has pledged as collateral for a loan (contracted from a syndicate of 14 banks) both the shares he owns, as well as the 78 perce...
OTP Bank Romania: bad loan weight, 6% in September
The tight competition for real estate financing, which has translated into a big appetite for housing project financing and a reduction in the advance payments customers are requested for su...
Gedeon Richter takes out 23m-euro loan
Pharmaceutical company Gedeon Richter, the local subsidiary of the Hungarian group Richter, will take out 23.7 million-euro credit to finance its investments in 2008, according to the announ...
Azur Baia Mare takes out 5m-euro loan from BCR and BRD
Transportation company Azur Baia Mare will take out two loans worth a total of 5 million euros (from BRD and BCR) to guarantee two plots of land with a total surface area of 28,000 square me...