November 22, 2017

Banca Romaneasca granted retail loans of almost EUR 40 M in Q1

Banca Romaneasca granted retail loans in amount of approximately EUR M in the first three months of this year. Out of these, mortgage loans were worth EUR 18 M, unsecured loans for consumption in amount of EUR 17 M and credit cards with approved limits of EUR 3.6 M, deputy general manager of the retail business of the bank Lakis Couninis said for Agerpres. Regarding the non performing loans – NPL evolution, the deputy general manager of Banca Romaneasca said that 80 % of the bank’s retail loans are secured and that the non-performing mortgages accounted for around 2.5 % at the end of May 2013. He pointed out that the NPL rate of the new retail loans is low and that the bank has a loan portfolio consisting primarily of retail loans, which represent over 82 % of the total loans.

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