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ZF English

Raiffeisen transfers 1.12bn-euro loans to the Netherlands

Raiffeisen Bank Romania, one of the top five players on the market last year sold credits worth around 1,12 billion euros in overall book value to special, Netherlands-based vehicles.

Ziarul Financiar · 28.09.2009 · 17:37 · 1 min
ZF English

100,000 firms and persons with big loans are late in paying instalments

100,000 firms and natural persons with loans worth above 20,000 RON were late in paying their bank instalments during May 2008-May 2009 period, as a result of the economic crisis.

Ziarul Financiar · 30.07.2009 · 17:12 · 1 min
ZF English

Foreign banks see a rise in loans for the non-bank sector in Q1

Foreign banks saw a slight rise in the volume of loans granted to Romanian-based non-bank companies, by 0.6%, to 24.6 billion dollars, according to data from the Bank for International Settl...

Ziarul Financiar · 27.07.2009 · 16:26 · 1 min
ZF English

Major, UniCredit Tiriac: We sold 140 consumer loans per day in July

UniCredit Tiriac sold 140 consumer loans on average per day since the beginning of July, 50% more than in previous months, in the context where the bank also started a promotional campaign f...

Ziarul Financiar · 26.07.2009 · 15:10 · 1 min
ZF English · Banks

Loans in euros, 100% higher than in Poland

Romania has the highest exposure to loans in euros of all the member states of the European Union, which have yet to adopt the single currency, with a total volume of 24 billion euros, accor...

Ciprian Botea · 14.07.2009 · 17:50 · 2 min
ZF English

Higher share of troubled loans in banks' portfolios

Banks set aside almost 90 million euros in April in order to cover the potential losses arising from the deterioration of the loans granted. The economy slowdown and the prospects of rising...

Liviu Chiru · 02.07.2009 · 17:45 · 2 min
ZF English

Is relaxation of lending terms coming?

Bankers have become much more cautious when it comes to granting real estate loans since the beginning of the year, but now have to relax terms in order to find clients for loans.

Liviu Chiru · 25.06.2009 · 17:49 · 2 min
ZF English

Change in foreign debt structure: Short-term loans down, medium and long-term loans up

Romania's short-term foreign debt fell by over 400 million euros in April against March, and by 4.2% against April 2008, while the private medium and long-term debt climbed by 476 million eu...

Razvan Voican · 23.06.2009 · 17:01 · 2 min
ZF English

Bankers cut interests on deposits, but forget to cheapen loans

Increasingly more banks are starting to adjust their deposit interest rates, but the cheapening of credits is yet to be seen, with bankers using this gap, as usual, to cover some of their co...

Ziarul Financiar · 17.06.2009 · 16:48 · 1 min