BCR, the biggest bank on the Romanian market, has seen dailyapplications for consumer loans double in the six weeks sincelaunching a campaign to promote leu-denominated funding with afixed 12.5 % a year interest rate and a maximum deadline of 10years, to 2,000-2,500 applications, totalling around 75,000, saysDominic Bruynseels, the bank's CEO.
The head of the BCR specifies that around 35% of new loanvolumes are accounted for by refinancing, but hopes thissignificant demand will also be reflected in an increase in thevolume of retail loans, a segment that continued on a downwardtrend in the first quarter.
On the segment of mortgage loans, the BCR is awaiting approvalof the central bank to join the fourth edition of the First Homescheme.
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