"Previously, it was not the case to talk about it, because we could not sell such products to our clients, but now we talked to insurance companies. Besides leu depreciation, the default risk is increased by the rise in unemployment," he added.
In the past few weeks, the bank drafted several measures to renegotiate loans for clients that no longer afford to reimburse the money. Such measures include payment delays, loan restructuring or increasing the reimbursement terms. "Loans granted in 2005, 2006 and 2007 are not very concerning, the ones with higher risk are those granted in 2008, when lending conditions were more relaxed and allowed clients a higher indebtedness degree," Diosi added. (NewsIn)
