interest

Romania Amends Loan Repayment Decree to Eliminate Additional Interest

Romania's government Monday evening amended a decree allowing borrowers to postpone their bank loan repayments for up to nine months, until the end of 2020, eliminating additional interest throughout the suspension of payments.

Romanian Integrity Agency Uncovers Two More Possible COI Cases

Romania’s National Integrity Agency (ANI) called on prosecutors to investigate a possible conflict on interest in the case of deputies Ioan Cindrea and Karoly Kerekes, who hired their relatives in parliamentary offices, the agency said in a press release Tuesday.

Romania To Pay Some EUR300M In IMF Loan Interest This Year

Romania will pay the International Monetary Fund interest worth SDR266 million (EUR300 million), for the loan installments transferred this year.

Interest Rate In “First House” Should Be At Least 1 Pps Above Romanian Treasuries’ Yield

The interest rate for the "First House" program should be as low as possible so that the clients qualify for the loans, but it should be at least one percentage point above the interest rate the Romanian state pays, Raiffeisen Bank Romania’s president Steven van Groningen said.

Annual Interest Rate For Romania’s EUR5B Loan From European Commission Sets At 3% -Fin Min

The interest rate for Romania’s EUR5 billion loan from the European Commission sets at 3% per year, compared with interest rates between 11.5% and 12% for state bonds on the domestic market, minister of Finance Gheorghe Pogea said Thursday.

Romania’s Money Mkt Rates Up To More Than 45% On High Demand

Romanian money-market interest rates soared Friday to more than 46% on foreign investors’ high demand for local currency as investors expect the Romanian currency to depreciate in the following period.

Romania Ctrl Bk Ups Lei, Cuts USD Interest Rates For Minimum Reserves

Romania’s central bank increased minimum reserve requirement ratios for leu-denominated liabilities of commercial banks, lowered the ratio for US dollar-denominated reserved, and left unchanged ratios for euro-denominated liabilities.