Bankers Sit On A Mountain Of Cash, Are Forced To Cut Loan Interest Rates

02.14.2012 By Ciprian Botea

Money market interest rates, which are used as reference for loans in lei have fallen significantly since the beginning of this year because of excess liquidity, and this is starting to be felt in the pockets of clients who have to pay monthly installments to the bank.

To read the full story, please login. Not a member? Subscribe here.

ZF English is Romania's top provider of economic and business news in English.
With your subscription, you gain access to more than 250 stories / week, from the most important business media in Romania:
- Ziarul Financiar - the leading business newspaper
- Mediafax - the leading news agency
- BUSINESS Magazin - the leading weekly business magazine
More about ZF English here. For payment details, see terms.

LOGIN / Lost password?

Keywords:
BANKS
, INTEREST
, RATE
, LOANS

Please fill all required fields!

Your comment was successfully added!

Comments will appear only after the moderation.