Overdue loans climb 14% in Galaţi and Ialomiţa - financiare.ro
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News » March, 2011 » 28 March 2011

Overdue loans climb 14% in Galaţi and Ialomiţa
28.03.2011, 13:34 | Finance-Banks | 670 views



Bankers are experiencing the biggest troubles in Galaţi and Ialomiţa counties, where the share of overdue payments exceeded 14%, almost double the market average.

The high unemployment rate and bankers' imprudence in times of economic growth continue to put pressure on the quality of loan portfolios, with the share of overdue loan payments now being double-digit in some counties, show data from the NBR (National Bank of Romania).

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