Raiffeisen’s Treasury Head Pleads For Lower Leu Interest Rates

09.23.2011 By Razvan Voican

Romania is in the odd situation where transactions are concluded in lei, but many prices are set directly in euros, so that the economy is basically relying on the euro, so why should leu-denominated interests not be at a similar level to those of euro-denominated loans, says James Stewart, executive vice-president in charge of treasury and capital markets at Raiffeisen Bank.

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Keywords:: RAIFFEISEN; , LENDING; , INTEREST RATES

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