loans

Romanian Bks Assoc Head Pledges For Loans, Despite Higher Costs

18:42, 04 Mart. 2009
The president of Romanian Banks Association, or ARB, Radu Ghetea, recommended clients to continue to take loans, despite higher costs and stricter requirements, adding that the banking system has the necessary financing sources.

Romanian State Might Act Against Those Who Do Not Pay Their Loans – Pres

16:29, 04 Mart. 2009
Romanian President Traian Basescu warned Wednesday, at the end of the meeting with banks’ representatives, that state might act against those who do not pay their loans deliberately, in order to protect the Romanian banking system.

Romanian Lender BCR Mulls Payment Delay For Laid Off Clients

14:14, 21 Ian. 2009
The largest Romanian bank by assets Banca Comerciala Romana, or BCR, might consider postponing the payment of loan installments for a short period in case the borrowers lose their jobs, but a decision in this respect would be made individually, a BCR senior manager said Wednesday.

Mortgage, Secured Personal Loans, Hardest To Get – Kiwi Finance

15:36, 16 Dec. 2008
Mortgage and secured personal loans are the hardest to get in this period, due to the guarantee pledged by the client, as real estate prices are unstable, Anca Bidian, head of finance company Kiwi Finance, said Tuesday.

Romanian Bks Expect More Restrictive Lending Terms For Cos In 4Q

19:29, 28 Nov. 2008
Romanian companies should expect more restrictive lending terms and standards in the last quarter of the year, especially for long-term loans, continuing the trend from the third quarter of the year.

Foreign Currency Unpaid Loans In Sep Up 23% On Mo, Leu Unpaid Loans Up 8%

19:36, 05 Nov. 2008
Foreign currency unpaid loans rose 23% on the month in September, compared with a growth of 8.21% for unpaid loans made in Romanian currency lei, according to central bank data.

Romanian Farmers To Get Loans From Six Banks Under Rural Development Program

15:04, 20 Aug. 2008
Romanian farmers will be able to get total loans of 760 million lei (EUR1=RON3.5238) for investments from six banks the Agriculture Ministry selected in an auction and lending agreements are to be signed next week, the ministry said.

Romanian Govt To Suspend Subsidized Loans For The Disabled – Sources

16:22, 15 Iul. 2008
The Romanian government will suspend during the second budget revision in 2008 the subsidized loans for people with disabilities, after the authorities recently limited the loan value to EUR10,000, government sources said Tuesday.

Romanian Govt Limits Loans For The Disabled On Abuses

16:37, 27 Iun. 2008
The Romanian Executive decided to limit the value of loans with state-subsidized interest that can be contracted by people with disabilities to EUR10,000, after people used the credits to buy luxury cars, motorboats or yachts.

Only 1-2% Of Romanian Small, Micro Firms Take Bank Loans

15:47, 28 Mai 2008
Only 1-2% of Romania’s 550,000 small firms and micro-enterprises took loans to fund their activity and the banking system is not ready to take the risk of such business, according to officials of the national guarantee fund for small and medium sized companies, or SMEs.

Romanian Loans Will Continue To Favor Euro – BRD Official

20:28, 17 Apr. 2008
Differences in interest rates, more attractive refinancing in foreign currency and the outlook of the switch to Euro will continue to support the increase of loans in Euro, said the director of the Financial Market Division within BRD-Societe Generale, Claudiu Cercel.

Romanian Banks To Apply New Foreign Currency Loan Provisions

19:16, 01 Apr. 2008
All banks in Romania will apply, as of Tuesday, increased provisions for loans granted in foreign currency to clients with income in other currencies, according to the director of the Surveillance Department within the Romanian central bank, Nicolae Cinteza.

Czech Profireal Opens Branch In Romania

12:05, 05 Feb. 2008
Profi Credit IFN SA, a member of the Czech financial group Profireal Group, has launched operations on the Romanian market on Tuesday, manager Tomas Rosenberger said.

High House Prices In Romania Limit Access To Mortgage Loans

20:14, 18 Nov. 2007
A family in Romania must earn EUR1,300 (RON4,550) per month to be able to afford a two-room apartment in Bucharest by getting a mortgage loan with zero downpayment, namely, fourfold the 2008 average salary per economy.