BNR advises commercial banks to adopt lenient stance on debtors
Monday, December 12, 2011
The banks must understand their main asset are the clients themselves and the National Bank of Romania (BNR) will recommend them to loosen up the conditions for debt restructuring for those experiencing problems but manage to pay their instalments at least partially, said Director of the supervisory department within BNR Nicolae Cinteza, quoted by BankingNews.Nicolae Cinteza revealed that the number of loans with overdue payments reached 225,000.'I had a discussion with ...

