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ZF English · Banks

Greek banks, a quarter of banking system loans

The seven financial groups present on the Romanian market last December held an overall loan volume worth above 10bn euros, that is a quarter of the total non-governmental loan volume, which...

Liviu Chiru · 10.03.2008 · 20:00 · 2 min
ZF English · Banking

More expensive CHF loans make Romanians shiver

Romanians with RON-denominated incomes are finding it significantly harder to pay instalments for the CHF loans they took out in the context where the Swiss currency's exchange rate has clim...

Liviu Chiru · 06.03.2008 · 20:09 · 2 min
ZF English

OTP halts consumer loans in 14 branches because of bad payers

OTP Bank, a medium-sized player on the market, has stopped granting unsecured consumer loans in 14 branches, because, overall, the number of problems with loans was alarming, according to La...

Liviu Chiru · 27.02.2008 · 18:25 · 2 min
ZF English

Dedeman attracts 45m-euro loans for expansion

Dedeman, Bacau-based distributor of construction materials, controlled by businessmen Dragos and Adrian Paval, will conduct one of the year's most aggressive expansion campaigns, after it se...

Ziarul Financiar · 11.02.2008 · 20:14 · 1 min
ZF English

Consumer loans totalled 7bn euros in 2007

Real estate credits registered a twofold increase, to 9.4 billion RON (2.6 billion euros) - the most dynamic segment of financing granted to the population. The bulk of loans were, however,...

Ziarul Financiar · 31.01.2008 · 19:39 · 1 min
ZF English

Private loans climbed to 41bn euros in December

Loans taken out from banks by the population reached 19.8 billion euros at the end of last year, a massive increase of 82% on 2006. Non-government loans went up to a sum equivalent to 41 bil...

Ziarul Financiar · 28.01.2008 · 18:45 · 1 min
ZF English

Holzindustrie, 90m-euro loans from two Austrian banks

Austrian group Holzindustrie Schweighofer, one of the main players in the wood processing industry, has taken out a 90 million-euro loan in order to sustain investments it is carrying out in...

Ziarul Financiar · 23.01.2008 · 18:30 · 1 min
ZF English

BCR raises interest rates on euro and RON loans by 0.5 %

BCR, the largest bank on the market in terms of assets, yesterday increased interest rates on loans in both RON and euros granted to its retail customers. As a result, the cost of loans incr...

Razvan Voican · 22.01.2008 · 20:14 · 3 min
ZF English

BCR: Lower down payment on real estate loans

BCR, the largest bank in the system, has lowered the down payment it requires from its customers for real estate financing to 0% of the value of the investment, however such loans come with...

Liviu Chiru · 15.01.2008 · 18:06 · 3 min