Isarescu Hopes Banks Will Cut Loan Interest Rates

12.06.2011 By Claudia Medrega

Mugur Isarescu, governor of the Romanian central bank BNR, hopes banks will reduce interests on loans, at least on leu-denominated ones, in line with the inflation decline, although the market trend shows bankers have started once again to boost interests in order to keep their profit margins, considering that they are not taking any step back because of the fight over resources.

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Keywords:: MUGUR ISARESCU; , INTEREST RATES

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