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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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