loans
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NBR puts more pressure on banks to make loans cheaper
The persistent decline of non-governmental lending and RON’s appreciation trend against the euro have convinced the NBR to cut the key rate by another 0.5% to 7% per annum, as most analyst...
Bankers kiss loans worth over 5bn euros goodbye
Companies' plummeting sales, the overall financial crunch inclusively generated by the shortage of loans and the population's diving incomes were reflected in the skyrocketing overdue sums i...
Loans in RON fall 9%, foreign currency loans see slight recovery
Nongovernmental lending in RON fell in 2009, after seeing two-digit annual increases for almost a decade, because of the lack of demand and of banks being reluctant to grant loans.
Banks grant loans worth 400m euros under “First Home” scheme
Banks had granted loans worth 400 million euros as part of the “First Home” scheme by the end of November, according to data from the SME Guarantee Fund (FNGIMM), which provides guarantees f...
Savings keeps gaining ground against loans
Caution generated by uncertainty regarding the progression of incomes is driving companies and the population to keep saving, with the loan/deposit ratio dropping to 117% in late September,...
Advice to companies in western Romania: Steer clear of the state
Companies should first consolidate their relationship with existing suppliers, which can provide the cheapest loans, by putting off overdue payments, considering that one has less room to ma...
Cojocaru, BRD: We have to get used to smaller loans
A year after the violent crisis outburst on the domestic market, loan portfolio quality is starting to stabilise, but monthly sales are half the 2008 average and there are no prospects of a...
650,000 out of 4.4 million Romanians with loans are behind on their payments
The number of individuals with outstanding loans registered in the database of the Credit Bureau, has remained steady since the beginning of the year, at 4.4 million, but the number of clien...
Provisions hardly cover the pace of bad loans
Banks in July set up provisions worth almost 764m RON (182m euros) to cover the potential losses generated by loan portfolio deterioration, but the degree of coverage for loans overdue by mo...