Rekkers, BT: We want to boost lending by as much as 20% - financiare.ro
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News » February, 2011 » 2 February 2011

Rekkers, BT: We want to boost lending by as much as 20%
02.02.2011, 09:11 | Finance-Banks | 853 views



Banca Transilvania plans to spur lending by as much as 20% this year, after having boosted lending volumes by 10% last year, and has the biggest demand pick-up expectations from the corporate segment, states Robert Rekkers, general manager of the lending institution.

The bank's loan portfolio in late 2010 stood at 13.36bn RON (3.14bn euros).

"We are confident in 2011 loan demand will rise and we have bigger expectations from corporate clients, without ignoring the SMEs, for which we will launch further products. The management's proposal will be for us to have a clearly higher lending growth target than in 2010, of as much as 20%, depending, however, on solvency requirements".

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