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Results 1 - 25 from 46 for "interest rates"

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  • Raiffeisen Bank Increases Interest Rates On Foreign Currency Deposits For Individuals

    10.13.2022

    Lender Raiffeisen Bank on Thursday (Oct 13) said it increased the interest rates on deposits in foreign currency, for individuals, to 0.5% per year for euro deposits and to 2% per year for dollar more

  • Alpha Bank Increases Interest Rates On Deposits In RON And Foreign Currency

    08.10.2022

    Alpha Bank Romania on Wednesday said it increased the interest rates for savings products in RON and foreign currency, both for individuals and legal entities. more

  • OTP Bank Romania Again Increases Interest Rates On Term Deposits In Lei For Individuals

    08.08.2022

    OTP Bank Romania on Monday said it increased the interest rates on 1- and 3-month term deposits in lei by 0.4% and 1.10%, reaching up to 5.10% and 6.10%, respectively. more

  • New Corporate Loans Picked Up in September

    11.17.2021

    September brought a corporate lending rebound, after the August slowdown. Banks operating on the Romanian market granted new RON-denominated loans of RON3.77 billion to companies, up 31.6% from August more

  • Romanian Parliament Rejects Bill Seeking to Cap Interest Rates on Retail Loans

    03.05.2021

    Romanian lawmakers have rejected a bill that sought to cap interest rates on mortgage and consumer loans to at most 50% above the central bank benchmark rate. more

  • Central Bank To Pursue Sustainable Trend of Gradual Decline in Interest Rates

    06.18.2020

    The main risks for Romania’s economy and finance are related to public health developments and the central bank will continue to steer measures towards providing necessary liquidity while more

  • Three-Month Money Market Rate Falls To 2.87%, Lowest Level Of Last 13 Months

    03.05.2020

    Romania's three-month ROBOR index, the three-month interbank interest rate used as a reference to calculate interests for consumer loans in lei, kept falling on Thursday (March 5), reaching 2.87% a more

  • Three-Month Money Market Rate Drops to 2.89%, Lowest Level in a Year

    03.04.2020

    Romania's three-month ROBOR index, the three-month interbank interest rate used as a reference to calculate interests for consumer loans in lei, dropped to 2.89% a year Wednesday, the lowest it's been more

  • Finance Minister Says Central Bank Could Lower Interest Rates

    02.13.2020

    Romanian finance minister Florin Citu said Thursday the central bank could lower interests as soon as possible if it intends to do so. more

  • Coface: More Difficult Access To Financing, Higher Interest Rates To Negatively Impact Business Environment In 2019

    02.08.2019

    The current economic context will become increasingly volatile in the coming period, impacted by the mix of domestic legislative measures and the external economic and political developments. more

  • Study: Capping Interest Rates Reduces Lending, Consumption, Affects Investments

    03.12.2018

    A cap on interest rates, currently under debate in parliament, would lead to lower household lending, would reduce consumption and could affect investments, thus hindering economic growth leading, more

  • Raiffeisen Bank Analysts See Interbank Rates Topping 2%, Inflation at 4% Mid-2018

    10.06.2017

    Raiffeisen Bank analysts estimate the three-month interbank interest rate ROBOR will exceed 2% mid-2018 and inflation will stand at 4%, the bank's chief economist Ionut Dumitru said Friday. more

  • CEC Bank Cuts Interest Rates For Mortgage Loans In Lei

    01.19.2017

    Romanian lender CEC Bank has decided to cut the interest rates for mortgage loans in lei for the acquisition or construction of homes in Bucharest and Ilfov county, county capital cities and other more

  • Nedelcu, Saxo Bank: Low Interest Rates In Romanian Banking System, A Chance For Diversification

    04.15.2016

    Interest rates on bank deposits offered by banks in Romania reached record lows, prompting more investors to focus on the capital market in search of more effective methods to place their savings, more

  • Isarescu: Bank Clients Should Follow Real Interest Rates

    05.26.2015

    Customers that place their money in bank deposits should rather look at the real interest rate, which currently is higher than a few years ago, central bank governor Mugur Isarescu said Tuesday. more

  • Isarescu: Some Banks Cut Deposit Rates Too Much

    05.08.2015

    Some banks have cut the interest rates at deposits too much, due to the liquidity surplus, but lenders still have room to reduce the loan rates, according to Romania’s central bank governor Mugur more

  • Companies’ Banking Deposits Slid By RON10B In 1Q

    04.17.2015

    Companies in Romania had deposits worth 170 billion lei (EUR38 billion) with local banks at the end of March, down by the equivalent of RON9.5 billion from December 2014, amid the falling interest more

  • Leu Lending Gains Momentum

    11.27.2014

    RON-denominated consumer loans totaled 23.8 billion lei at the end of October, up almost 3%, and RON600 million respectively, from the year-earlier period. Against September, the volume of such more

  • Banks In Romania Rush To Slash Deposit Interest Rates

    10.02.2014

    Several banks in Romania, inclusively some of those paying interest rates above the market average, have rushed to adjust interests offered to depositors as soon as the central bank cut the benchmark more

  • Ghetea: Loan Interest Rates Keep Falling

    09.11.2014

    Loan interest rates are falling and will keep falling because the central bank has been taking measures aimed at reducing rates and it will probably continue to do that, which will boost loan demand, more

  • Interest Rates For Mortgage Loans In Lei Slide To Nearly 5%

    09.10.2014

    The average effective interest rate of Romanian currency-denominated mortgage loans hit an all-time low of 5.2% per year in July, half the level of three years ago, when banks sold only more

  • Mortgage Loans, Cheaper In Lei Than In Euro

    07.23.2014

    Standard rates for mortgage loans in lei have become cheaper than foreign currency mortgages, following the interest rate decrease on the Romanian market. more

  • Romanian Banking Association: Deposit Rates To Go Negative

    05.12.2014

    Interest rates on corporate loans in Romania will continue their decline started in the recent months, albeit at a slower pace, while the already-low deposit rates could go negative, the president of more

  • OTP: Bank Depositors Growing Increasingly Unhappy With Interest Rates

    02.03.2014

    Romanian bank depositors are growing increasingly dissatisfied with the low interest rates offered by lenders and they turn to higher risk assets to raise their money holdings, the head of OTP Asset more

  • Isarescu: Banks Aggresively Cut Short-term Deposits Rates, But Kept "Attractive" Long-term Interests

    01.08.2014

    Romanian banks have cut the interest rates for short-term deposits, but the rates for longer term savings are still attractive compared with the ones offered on the international markets, central bank more

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