loans
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BCR: We must open the lending tap, this is the profit driver
Banks need to unleash loans because this is the only way they can revive their profits, and the rising competition is going to push interest rates downward, says Oana Petrescu, the executive...
Bankers boost profit margins in February
New loans for individuals and for companies, both leu-denominated and euro-denominated ones, became up to two percent more expensive, while deposit interests continued to decline, which show...
Overdue loans climb 14% in Galați and Ialomița
Bankers are experiencing the biggest troubles in Galați and Ialomița counties, where the share of overdue payments exceeded 14%, almost double the market average.
With more clients and falling loans Piraeus preserves profit
Piraeus Bank, the domestic subsidiary of a top Greek financial group, last year generated 25m-euro gross income, flat from 2009.
Bankers' optimism fails to revive loan demand
February came with another unpleasant surprise, with private lending continuing to decline, showing that bankers are still unable to sell enough loans to cover repayments, despite many playe...
Risk attached to First Home loans to be shared between banks and state
The new version of the "First Home" scheme discussed by the members of the Government with bankers intends for the lending risk to be equally shared by the state and banks, without altering...
BRD enters refinancing deal battle with 7% interest per annum for lei
BRD, the second biggest bank domestically, joined the battle of attracting clients by refinancing older loans released by competitors, in which several top players had already engaged.
BRD seeking clients on Facebook for last 100 "First Home" loans
BRD, the second-largest bank on the Romanian market by assets has around 4 million euros in guarantees left for loans granted through the "First Home" scheme and estimates the cap allocated...
Cetelem head: Loan demand is bouncing back
Cetelem, the biggest consumer lending company on the market, controlled by BNP Paribas French group, budgeted a 25% increase in new funding from 2010 and particularly counts on credit cards...