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Banks lending standards tighten significantly in Q1 2019

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Lending standards tightened significantly in Q1 2019 for both property purchase loans and consumer loans, reveals a survey conducted by the of Romania (BNR) on lending to non-financial companies and to the population.

According to the survey, the banks kept their lending standards for non-financial companies unchanged as compared to the previous quarter.

Credit institutions anticipate that in Q2 2019 lending standards will get marginally stricter for real estate loans, and moderately tougher for consumer loans. For non-financial companies, the banks expect lending…

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