“There is room for interest rates to drop on lei-denominated loans, still very high. We are witnessing a downward trend. On the euro-denominated loan segment, we could see a decline if we witness a change in the perception on Romania. Euribor will clearly rise in the near future, so improving this perception is very important ...
“It all depends on how the economy evolves in 2010. If we consider IMF [International Monetary Fund] forecasts, which put forward about a 0.5 percent increase in gross domestic product, the need for loans should not be significantly higher. On the retail segment, I do not believe that lending will boost consumption, due to accumulated ...
The auction attracted 13 banks, who offered €1.759 bln, but the Ministry of Finance accepted only 81 percent of the amount which lenders were willing to invest. “The interest rate of the issue comes as no surprise, as the maturity is also low. But the amount is somewhat of a surprise, because [the Ministry] attracted ...
“The political environment continues to affect loan demand from companies, and, from this point of view, the recovery will be slow. Of course, the level of interest rates is an important factor, but I believe that loan applications will also be influenced by what will happen locally and internationally,” Dan Pascariu, Chairman of the Supervisory ...
