Stiri	Stiri afaceri	Stiri companii	Evenimente de afaceri

Challenge of 2009: fluidization of crediting

In the context of the international financial crisis and the standstill on the local market of loans granting, the challenge of next year is the fluidization of crediting, daily Business Standard quotes Radu Gratian, president of the Romanian Association of Banks as saying.

Bankers proposed the National Bank of Romania (BNR) the differentiation of the conditions of crediting for the guaranteed and not-guaranteed financing, in order to relax the access to loans. This is one of the measure recently proposed by the representatives of the credit institutions of the National Bank of Romania, Ministry of Economy and Finance and the Government, for the fluidization of crediting, so that Romania register a reasonable economic rise in the upcoming years.

At the same time, bankers proposed that the state bonds bought by banks be decreased from the reserves which the banks have to establish at the central bank and the interests for the small and medium-sized enterprises be subsidized.

According to the aforementioned publication, Gratian Ghetea expects that in 2009 the Romanian banking system, reports a net profit of half a billion euros.

For the first time after January 2007, the standstill from the loan-crediting sector generated in October a shrinkage in loans (0,06 percent) as against the previous month.

The National Bank of Romania estimates the moderation of the growth pace of loans in October was prompted by the restriction of available liquidities for the banks in Romania in the context of the international financial crisis.

In order to increase liquidity on the market, last month the National bank of Romania decreased by 2 percent the level of compulsory minimal reserves up to 18 percent. By the reduction of the compulsory minimal reserves it is estimated 2 billion lei were injected in the market with the aim of insuring a sustainable financing for economy.

 

Sursa: http://www.rompress.ro

Tags: romania crediting fluidization bnr

Articole similare