Isarescu Warns Lenders High Deposit Rates May Backfire

02.07.2012 By Florentina Dragu

Romanian central bank governor Mugur Isarescu Tuesday warned commercial lenders that their policy to increase interest rates on deposit facilities in a move to reduce their dependency on foreign inflows could backfire and cause them to lose market share and even profits.

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Keywords:: ISARESCU; , DEPOSITS; , INTEREST RATES

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