loans
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Altex raises bet with five-year loans
Another major player on the domestic home appliances retail market has joined the ranks of those partnering with banks in an attempt to revive the market, which was thrown off balance by the...
Overdue payments on loans going up
Romanians' borrowing frenzy and the banks' pursuit of as quick a retail market share expansion as possible is taking its toll: overdue payments on ROL-denominated loans due in more than thre...
NBR: We're keeping an eye on foreign currency loans
The National Bank of Romania will maintain its restrictive monetary policy begun last year over the next few months, as well, keeping the intervention interest on the monetary market at 21.2...
Impact seeks $10m loans
Realtor Impact Bucharest targets 25% growth this year, to be sustained by loans worth at least $10m, Ioan Popp, chairman and founder of Impact, told Ziarul Financiar. "We plan to contract wo...
Romanian economy relies heavily on foreign loans to fund budget deficit
With a budget deficit almost 80% financed from external sources, public investment projects and soaring bills for imports funded with loans that are constantly guaranteed by the State, Roman...
Overdue loans gain ground
Even though bankers will almost never admit they are having trouble collecting the loans granted, figures reveal the volume of overdue credits is getting larger month by month. The latest of...
Banking loans support Carrefour expansion
Hiproma, the French company controlling the Carrefour hypermarkets in Romania, has contracted a syndicated loan worth 50 million euros from four banks in Romania - BRD-Groupe Societe General...
Domenia Credit has $7m for mortgage loans
The development of the real estate market and implicitly of the mortgage market over the last twelve months, the higher demand for financing, as well as the high potential of this market are...
More preferential loans for banking staff
When it comes to loans, banks never overlook their own employees, especially since they are more credible than just any other customers. Under the circumstances, the loan fever has spread fr...