Banks Cling On To Very High Margins On Consumer Loans

07.30.2014 By Ciprian Botea

The leu consumer loans, whose resurgence bankers expect to boost their revenue, are being offered at a more than 10% yearly interest, even though banks pay 2% to 3% for deposits from consumers and borrow at about 2% on the money market.

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Keywords:
consumer loan
, leu
, interest