The National Bank of Romania has published in February the Bank Lending Survey. The survey shows that in the final quarter of 2017, credit institutions preserved their credit standards on loans for house and land purchase to households and tightened marginally those for consumer credit. As for non-financial corporations, lending conditions applicable to them stayed flat against the previous quarter. For the first quarter of 2018, credit institutions envisage a marginal tightening of credit standards for both housing loans and consumer credit. Conversely, credit standards applicable to non-financial corporations are anticipated to hold steady in 2018 Q1 as well.
Invest wisely in 2018
The year is almost done so you better start considering how to invest your money in the coming year. Past performance is not a guarantee of future performance. After reviewing your results you can decide if it’s the right time to make a change in order to increase your company’s profit or stick to the old strategy.