Poorer counties struggle to pay back loans - Azi

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Banks are facing the biggest problems with the loans granted in the county of Ialomita, where 3.3% of lent sums have not been repaid.

The level is over 3 times higher than the national average, which stood at 0.98% in July, according to NBR data. The poorer counties in Romania hold the top positions in the ranking of areas with the highest levels of overdue payments in borrowed sums. Therefore, although the volume of overdue payments is correlated with that of loans granted, clients have more...

Read the whole story in: Ziarul Financiar