BRD becomes more selective with lending to SMEs - Azi

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BRD-SocGen, the second largest player in the banking system in terms of assets, will continue network expansion, but with a more selective policy and feels the need to slow down lending for individual clients, as well as for small companies, amid an increase in risks."There are sectors where the risk cost is double compared with others, apparently for no logical reason.

The higher criminal potential of those sectors seems to be the reason for this," says Lucian Cojocaru, chief executive of the...

Read the whole story in: Ziarul Financiar