Although it is expected a growth in credit demand in several sectors and segments of customers, banks will be more restrictive in financing them and in particular the construction sector and real estate.
Gelu Gherghescu, Assurance & Advisory partner at EY Romania considers that: "Although the study does not cover Romania for now, the results may be relevant for the local banking sector because about 85% of total banking assets are held by subsidiaries of European banks, so some of identified developments will have implications for local branches. "
Read the entire article in Romanian, here.
