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BNR survey:Roughly 49 pct of Romania's banks expect lending standards to tighten for all loan types

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A considerable proportion of Romania's banks expect lending standards to tighten for all types of loans, with consumer loans and short-term loans to SMEs being the most affected, reveals a survey conducted by the of Romania (BNR) on lending to non-financial companies and to households.

"Against the background of the COVID-19 pandemic that gripped Romania starting March 2020, the credit market has gone through substantial changes in 2020 Q1. Expectations for Q2 2020 see these trends continuing, yet in a far more pronounced manner. In Q1 2020, a moderate share of credit institutions…

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