Leu Loan Cost Hits All-Time Low

12.17.2013 By Ciprian Botea

The interest rate at which banks borrow lei from the money market (reflected by the three-month Robor used as reference in leu-denominated retail loan contracts) has reached a new all-time low of 2.5% a year. This means lower installments as of next year for the debtors whose variable installments will be adjusted soon.

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Keywords:
leu loans
, central bank
, Robor
, rate