crediting

Filbo, the online micro crediting solution of OMRO IFN, introduces a new credit product to support the activity of small entrepreneurs. Approximately 50.000 entrepreneurs owe state taxes of over 10.000 RON, which can significantly impact…

Romanians who have contracted loans to buy houses have not become prisoners of the banks, but of their own aspirations, whereas the National Bank (BNR) wants to promote, with the report on financial stability, a serious discussion about the…

The very low interest rates represented a trend of previous years which is already terminated, and in 2017, as of June or July, they will increase by 1-2 percentage points of interest on deposits and loans on the banking market in Romania.…

Bank assets in Romania reach 60% of GDP, and the figure is 360% in Europe, said on Wednesday Florin Danescu, Executive Chairman of the Romanian Banking Association (ARB) during a conference. “We’re interested in taking over the European…