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Strengthening of RON doubles foreign currency loans
ZF English

Strengthening of RON doubles foreign currency loans

The volume of foreign currency loans taken out by individuals doubled in August against the same month last year, and climbed to over 30 billion RON (almost 9.4 billion euros), according to...

Ziarul Financiar · 26.09.2007 · 19:21 · 1 min
Real estate loans overshoot 3bn-euro mark
ZF English · Lending

Real estate loans overshoot 3bn-euro mark

Real estate financing granted by banks soared by 7.4% in July, at a faster pace on the foreign currency segment, according to NBR data. Foreign currency real estate lending registered a spec...

Liviu Chiru · 25.09.2007 · 19:07 · 2 min
ZF English

High euro costs could lead to more expensive RON loans

An increase in interest rates for euros is being considered by several banks in order to maintain profitability now that refinancing costs are higher. In addition, bankers also anticipate a...

Liviu Chiru · 24.09.2007 · 19:17 · 2 min
Isarescu: Romanians get loans three times smaller than Hungarians
ZF English

Isarescu: Romanians get loans three times smaller than Hungarians

Romanians have much smaller loans taken out compared with customers of banks in neighbouring countries. At the end of last year, each Romanian had, on average, contracted loans worth 500 eur...

Ziarul Financiar · 24.08.2007 · 18:43 · 1 min
ZF English

BT starts to sell loans under new norms

Banca Transilvania (BT) on August 15 started to sell individual loans in line with the norms approved by the NBR. "Employee training took some time, as we had around 5,200 people and were no...

Ziarul Financiar · 23.08.2007 · 18:26 · 1 min
ZF English · Lending

100% more clients with overdue loans to at least 2 banks

Out of the 38 banks that operate in the domestic banking system, 27 are expected to report positive information concerning loans granted to customers by yearend, an increase from only 13 ban...

Mihai Bobocea · 20.08.2007 · 19:18 · 2 min
ZF English

Provident loans in the homes of 13,000 Romanians

In its first year of operations in Romania, consumer credits company Provident Financial, a member of the British company International Personal Finance, has dealt with over 13,000 clients,...

Ziarul Financiar · 19.07.2007 · 19:58 · 1 min
ZF English · Lending

Overdue individual loans double in May

Overdue loans accumulated by individual customers totalled 221 million RON (69 million euros) at the end of May, double the value registered at the same time last year, according to data cen...

Razvan Voican · 19.07.2007 · 19:57 · 2 min
ZF English

Need for investment boosts long-term loans

Long-term credits are seeing an increasingly fast rise, consolidating its majority slice in the total funding granted by banks, due to both the population and companies' requests for funds f...

Ziarul Financiar · 04.07.2007 · 18:18 · 1 min