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Romania Overdue Household Loans Up RON160M In July To RON2B

Romanian household loans overdue by over one month rose by 160 million lei (EUR1=RON4.1953) to RON1.99 billion in July, and the number of latepayers amounted to 611,236 persons, central bank data showed Monday.The bulk of late loans are in Romanian leu, namely some RON1.3 billion, even if 60% of the household loans represents hard currency financing.Out of the total late loans in July, RON1.64 billion are overdue by more than 90 days, followed by loans overdue by 31 to 60 days (RON92.29 ...

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Tuesday, September 29, 2009