The crediting potential in the retail sector is minimal if we take into account the population’s current income level and will remain low in the next 2-3 years, its recovery being dependent on economic growth, Ionut Dumitru, chief economist Raiffeisen Bank Romania, stated during a seminar, Mediafax informs. “The interest rate level is at a historical low; however the credit demand remains low. There are 200,000 queries per month compared to approximately one million before the crisis. (…) New credit volumes basically cover only what reaches maturity,” Dumitru added. The economist explained that debt servicing as a percentage of GDP is fairly high in Romania, so that crediting potential is limited given the current income level. According to him, the bad credit rate is fairly high in Romania (approximately 13 per cent) compared to other states, however the degree of coverage is sufficient given the high level of the banks’ solvency rate.