loans
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Appetite for consumer loans will remain high until 2010
Consumer lending will increase substantially over the next two years, and will eventually account for 22.7% of the Gross Domestic Product, compared with 14.8% at the end of last year, believ...
Population's overdue loans stabilise at 169m euros in March
Overdue bank loans accumulated by the population were slightly up in March, and almost reached 628 million RON (169 million euros), according to data from the NBR (National Bank of Romania),...
TBI Credit will grant up to 2m euros' worth of loans online
TBI Credit, the consumer credit division of the TBI Financial Services group, expects to grant 3,000 loans, worth 1.5-2 million euros this year, via an online application service- eCreditor....
Erste's Treichl calls for alliance against foreign currency loans
Andreas Treichl, the chief executive of Erste Bank and chairman of BCR's Supervisory Board, has called for an agreement with the central bank and all other commercial banks that would cause...
Real estate loans slow down in first two months of 2008
The volume of real estate and mortgage loans went up by 4-5% in the first two months of the year, from rates of 7-10% registered in the last few months of 2007, after the demand for loans, b...
Euros and Swiss francs are most popular currencies for loans
According to NBR data, euro loans now represent 53% of total non-governmental lending, after the figure increased by 70% between January 2007 and January 2008. Euro loans increased their sha...
Non-performing loans up to 3% of BCR's retail portfolio
As a result of the default risk for unsecured consumer loans being no longer insured and the revision of client segments, non-performing loans in BCR's retail portfolio have doubled from 1.5...
Overdue individual loans reach 157 million euros
The increase in overdue payments by individuals for bank loans slowed down in January for the second month in a row, after the annualised rate fell to 98%, while the total volume of loans in...
Bancpost drops down payment on mortgage loans
Bancpost, one of the top ten banks in Romania, has decided to increase the maximum indebtedness accepted to 70% of a monthly net income, and finance up to 100% for the acquisition of buildin...