Romanians had 1.3bn euros' worth of overdue loan payments in January

Autor: Ciprian Botea 13.03.2011

Banks' individual clients had overdue loan payments totally worth 5.7bn lei (1.3bn euros) in late January, with the sum being almost 73% higher than in the corresponding period of 2009, according to NBR data.

Sums representing more than 30-day delays in loan repayment climbed by 6.8% in December and January, after having posted the first decline of the past year in the previous month. At 2.8bn lei, overdue payments for leu-denominated loans account for half of payment delays, while overdue payments for euro-denominated loans come to 35%.

Delays in paying instalments for euro-denominated loans have doubled in the past year and have gone beyond the equivalent of 2bn lei (470m euros) in January, while delays for leu-denominated loans have risen by 40%. However, the fastest advance was registered by overdue payments for Swiss franc loans, whose volume tripled in January 2010-January 2011 and reached the equivalent of 822m lei.