Raiffeisen sells 30m euros' worth of loans to individuals monthly, like in 2006 - financiare.ro
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News » December, 2010 » 13 December 2010

Raiffeisen sells 30m euros' worth of loans to individuals monthly, like in 2006
13.12.2010, 00:06 | Finance-Banks | 672 views



Raiffeisen, the seventh bank domestically in terms of assets, Austrian-held, is selling loans worth 30-35m euros to individual customers each month, a level similar with the one registered in 2006, and its representatives say the volume of funding released on this client segment in 2010 is set to top 300m euros at the end of the year. Sales have risen in recent months owing to refinancing deals.

"Volumes have increased significantly since we started promoting the idea of refinancing," stated Răzvan Munteanu, vice-president in charge with retail at Raiffeisen.

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