05.19.2017

Bancpost, the ninth largest bank in Romania by assets, has attracted the interest of eight Romanian and foreign strategic and institutional investors after being put up for sale, banking sources told more

04.05.2017

The domestic currency and the government paper yields were under pressure in the first quarter, reeling especially from the internal political turmoil, which culminated in street protests and fiscal 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

10.17.2016

New deposits in domestic currency made by individual customers of banks in Romania stood at 136 billion lei (EUR30 billion) in January-August, down 7.4% on the year-ago period, according to the more

07.31.2016

Clients who contracted loans in the past years can benefit from the decrease of interests and refinance their loans, according to loan broker Stefan Ivan. 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

03.31.2016

Romanian central bank governor Mugur Isarescu said the bank should narrow the interest rate corridor in a move to strengthen the main monetary policy rate. more

02.10.2016

Romania is getting capital inflows, which will only boost liquidity in the banking system even further, causing interest rates to drop. However, Romania’s central bank governor Mugur Isarescu, who more

02.09.2016

Negative interest rates have become some kind of dominoes of the central bank elite where if one piece falls, the other do. more

01.07.2016

The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per annum on more

09.30.2015

The Romanian central bank is trying to create a clear path, regardless of the situation in Europe, that will allow it to keep lowering minimum reserve requirement ratios to align them to European more

09.02.2015

Individual customers took out 2.6 billion lei (EUR586 million) new leu-denominated loans in July, RON800 million more than in the year-ago month, while companies borrowed RON1.9 billion worth (EUR430 more

06.25.2015

Five of the top ten banks in Romania are now offering less than 1% interest per annum for one-month deposits, while the one-year deposits get 0.7% to 2.7%. The abundant supply of cash on the market 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

05.25.2015

The highest interest for a 12-month deposit currently stands at 3.4% and is offered by TBI Bank, a small player in Romania’s banking system. Second highest interest comes from Piraeus, 3.15%, 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

Banks need to be more flexible with the small entrepreneurs and make loans cheaper, because they are two or three times more expensive than in other European countries Romania is in direct competition 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

01.09.2015

In an attempt to lure as many customers as possible banks are now offering mortgage loans with fixed interests for seven or ten years, thus taking the first step towards loans free of interest risk more

01.08.2015

Interests on leu loans have gone down with each monetary policy easing step of Romania's central bank so they are now competing with the cost of foreign currency loans. The adjustment trend will 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

10.09.2014

Companies keep 84 billion lei (EUR19 billion) in banks, having increased their deposits by 8% in the past year, even though interest rates are below 2%, which clearly shows how little appetite they 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

09.30.2014

Romania’s central bank will thoroughly analyze any further rate cut, as the evolution of inflation over a medium term is still uncertain, but the reduction of minimum requirements will continue, 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