1. Market Research
  2. > Financial Services
  3. > Banking
  4. > Bank Lending Market Trends

Romania Banking Report - Q4, 2014

  • January 2015
  • 34 pages
  • Emerging Markets Direct Media Holdings
Report ID: 3307244

Summary

Table of Contents

This report covers the market developments and statistics data released up to mid-January 201 - including short-term series as of Q3, 2014 and partly Oct-Nov 2014. Region-level aggregated data from BIS is available as of Q2.



Romania's banks took significant steps toward cleaning their balance sheets since April 2014 and the NPL has consequently dropped by 5.1pp to 15.3% at the end of September. This was also visible in banking system's profitability -- EUR409mn losses in Q3, compared to EUR79.7bn at the end of the quarter. Banks have apparently stopped the process in October-November, as indicated by the NPL ratio and the structure of loans by quality. At the end of November, central bank warned banks claiming that they have delayed in following the balance sheet process. Some banks might be banned the right to take deposits, central bank warned at that time - but nothing happened meanwhile in this regard. The central bank said banking system would end 2014 with EUR510mn losses (from EUR363mn in Jan-Sep) but the slower bad loans resolution might result in smaller losses however.



On the upside, the banks seem to have strengthened lending during H2, 2014 - even if the process remains weak. Central bank's monetary policy rate cuts brought the interest rate down but consumer and investor confidence remain low to moderate. The overall volume of bank loans has declined, and is expected to continue declining for some time, as banks are writing off large volumes of bad loans from their balance sheets.



Romania's Banca Transilvania has signed a firm agreement to purchase 100% of Volksbank Romania from its shareholders - Osterreichische Volksbanken AG, Groupe BPCE, DZ BANK AG and WGZ BANK AG. Banca Transilvania will pay some EUR600mn of the total amount of EUR1.6bn invested by Volksbank Romania's shareholders as capital, credit lines and deposits, unofficial sources said.



Key points:

oC-bank cuts policy interest rate by 25bp to 2.5% in January - rate is already 1.25pp down y/y

oCHF strengthening no risk to Romanian banking system stability - c-bank

oGovernment endorses personal bankruptcy draft bill; lawmakers still debate it

oBIS-reporting banks increase exposure to Romanian banking system in Q2

oCleaning of banks' balance sheets loses momentum in Oct-Nov after sharp advance in Apr-Sep

oRomanian banking system's losses seen hitting 0.66% of assets in 2014

oBank lending slightly gains ground

oRomania's largest bank BCR reportedly sells EUR443mn bad loans bundle

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Online Lending Market Landscape 2016 - Trends, Business Models & Investments in Online Lending Platforms

  • $ 5500
  • Industry report
  • May 2017
  • by Meidata Market Research

The report is based on comprehensive analysis of the main factors and trends driving the global online lending marketplace in recent years, including a review of the following types of online vendors: ...

Car Fleet Leasing Market in the US 2017-2021

  • $ 3500
  • Industry report
  • June 2017
  • by Infiniti Research Limited

About Car Fleet Leasing Thoracic surgery involves surgical treatment (open surgery or minimally invasive surgery) to address medical conditions involving the heart or lungs. It includes procedures such ...

Global Car Leasing Market 2017-2021

  • $ 3500
  • Industry report
  • June 2017
  • by Infiniti Research Limited

About Car Leasing Leasing a car is a system of possessing a brand new or used car by paying to use it for a definite time. Many vendors offer a range of vehicles that can be leased by customers for a ...


ref:plp2015

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.