Lenders hopeful for CEE pick-up in 2021

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Lenders hopeful for CEE pick-up in 2021

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Business loan agreement or legal document concept : Fountain pen on a loan agreement paper form. Loan agreement is a contract between a borrower and a lender, a compilation of various mutual promises. | William W. Potter - stock.adobe.com

Bank lenders are hopeful that volumes across the typically active central and eastern Europe region will pick up, after what has been a disappointing year. This week Romanian meat processing company Carmistin Group raised a syndicated loan from a range of regional lenders, which is one of only five deals signed in the country this year.

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