Just 5% of Romanians living in cities want to take out a loan

One out of three Romanians living in cities has a loan to pay back and just 5% of city residents want to take out a banking loan this year, reveals a survey published in the 2010 Financial Report that Mediafax press agency is set to launch on Tuesday, July 6, at the Mediafax Talks about Banking conference. The seventh edition of the annual market report published by Mediafax includes the results of research referring to Romanians' indebtedness level and their intentions to contract loans. The survey was carried out for Mediafax by 360insights research firm in April-May 2010 period among 800 city residents, women and men, aged between 16 and 64. According to the survey, 34% of city residents have a loan taken out in some form. As regards plans to take out a loan, 89% of Romanians have no such plans this year and just 6% of them want to take a loan. Most of those planning to take out a loan say they will opt for a banking loan, with a 5-6 year maturity and a monthly instalment of around 600 RON.