interest rates

Romanian Bankers See Rates On Leu, Euro Loans At Close Levels In 18 Months

16:09, 24 Mai 2011
The gap between interest rates on Romanian leu- and euro-denominated loans is likely to narrow in the next 18 months, provided the cost of domestic currency lending will continue its downward trend, the head of Romanian Banking Association (ARB) said Tuesday.

Romania Ctrl Bk: Interest Rates On New Loans Rose In November

14:30, 04 Ian. 2011
Romanian banks raised in November the interest rates on new loans in both lei and euros, but maintained the interest on new deposits, according to central bank data released Tuesday.

Queues, High Interest Rates Cause Romanian Bks To Lose Mkt Share – Poll

19:15, 13 Apr. 2010
Romanian banks BCR, CEC Bank and several others are losing market share because of the long waiting lines and high interest rates, among other issues, according to a poll conducted by research company Synovate.

Romanian Bks Need Macroeconomic Adjustment To Lower Rates – Ctrl Bker

14:51, 15 Oct. 2009
Romania’s banking system will not be able to reduce interest rates without a prior macroeconomic adjustment that would lower the inflation and would stabilize the exchange rate, according to Ion Dragulin, head of the central bank’s financial stability department.

Romanian Ctrl Bk Gov: Interest Rates Will Fall Quickly

12:25, 02 Iul. 2009
Interest rates for both deposits and loans in Romania will fall as quickly as the current account gap adjusted, central bank governor Mugur Isarescu said Thursday.

Romanian Ctrl Bk Adviser: Lenders Hiked Interests Following The Market

13:59, 24 Iun. 2009
Romania’s Competition Council is wrong in its allegation that banks have agreed on fixing interest rates, as the rate increases were caused by a market phenomenon called "prices sympathy”, said Wednesday Adrian Vasilescu, an adviser of the central bank’s governor Mugur Isarescu.

Romanian Lenders Start Cutting Interest Rates – Bks Assoc Head

19:53, 05 Iun. 2009
Romania’s President and other statesmen will soon find out that banks do the proper thing and cut interest rates for deposits, a move that will be followed by loan interest cuts and the lending revival, the Romanian Banking Association ARB president Radu Ghetea said Friday.

Romanian Bks Offer Rates Up To 14% For Euro, Up To 23% For RON On „First Home” Loans – Sources

13:24, 03 Iun. 2009
More than 20 banks filed indicative offers on their effective annual interest rate, or AER, for the “First Home” program, varying between 5.5% and 14% for euro-denominated loans, and between 13% and 23% for Romanian leu-denominated loans, government sources told MEDIAFAX.

Romanian Bks To First Cut Interest Rates For Deposits, Then For Loans –Ctrl Bker

12:31, 07 Mai 2009
The Romanian banks will first of all cut the interest rates at deposits and then those at loans, following central bank’s decision to cut the key monetary policy rate, Adrian Vasilescu, advisor of BNR governor said Thursday.

ECB Cuts Key Rate By 75 Bps, To 2.5%

15:01, 04 Dec. 2008
The European Central Bank cut Thursday its key monetary policy interest rate by 75 basis points, from 3.25% to 2.5%, to help euro-zone economy recover from its worst economic situation since the European currency was launched, in 1999.

Ctrl Bker: Some Romanian Bks Pay 10% For Deposits, But Ask 35% For Loans

13:59, 18 Nov. 2008
The Romanian national authority for consumers’ protection, or ANPC, should take notice on banks that pay interest rates of about 10% of the deposits, but increased the loan interest rates to near 35%, Adrian Vasilescu, adviser of the central bank's governor, said Tuesday.