News » December, 2010 » 9 December 2010
NBFIs see loan portfolios down by 720m euros this year
09.12.2010, 00:08 | Finance-Banks | 736 views
The loan portfolios of leasing and consumer finance companies dropped by over 3bn RON (around 720m euros) this year, to 31,5bn RON in late October, considering new loans did not keep up with repayments, NBR data reveal. Consumer loan sales have plummeted over the past two years amid clients' reluctance to take out loans, and in parallel the value of new funding released by leasing companies has declined four times in the past two years from the 4bn-euro peak reached in 2007. Read more on ZF.ro
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