loans
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Romanians unafraid to take out Swiss franc or forint loans
Loans contracted in exotic currencies have posted an eightfold increase in the past year, with Swiss francs and Hungarian forints gaining in popularity in terms of consumer and real estate f...
Loans taken in stores set to go up further
Consumer lending firms have ambitious plans for 2008, still seeing potential for sustained growth, of above 50%, after having achieved turnover increases at about the same rate this year. BR...
Mortgage loans growth slows down
The growth rate of mortgage credits slowed down in October, when the volume of housing loans saw a monthly growth rate of just 3.4%. By comparison, in August and September, the growth pace s...
Volume of overdue loans falls to 148m euros in October
The volume of overdue loans cumulated by the population dropped slightly in October- the first correction of the last 13 months. At the end of October, the overall volume of overdue loans st...
Cetelem grants 213m-euro loans
Cetelem IFN, the local branch of the consumer financing division of the French giant BNP Paribas, registered a volume of credits worth 714 million RON (213 million euros) at the end of Septe...
Only 5% of retail loans arranged via brokers
Loans arranged by brokers currently account for below 5% of the overall volume of retail loans released by banks, but their weight is likely to rise 3-4 times within 5 years. "The credit bro...
12bn euros in loans for consumers and companies this year
Consumers and companies took out loans in RON and foreign currency worth 12 billion euros in the first ten months of the year, up 23% against 2006 and double against 2005. Individual clients...
Mortgage loans in foreign currency top 3bn euros in September
Mortgage credits taken out in foreign currency exceeded the 3 billion-euro mark for the first time in September, after registering significant increases in the previous three months. The eur...
Overdue payments on loans exceed 150m euros
The population's overdue payments on credits taken out from banks have surpassed the 500 million-RON mark for the first time, after increasing by more than 4% in September. At the end of the...