02.03.2014

Romanian bank depositors are growing increasingly dissatisfied with the low interest rates offered by lenders and they turn to higher risk assets to raise their money holdings, the head of OTP Asset more

01.08.2014

Romanian banks have cut the interest rates for short-term deposits, but the rates for longer term savings are still attractive compared with the ones offered on the international markets, central bank more

10.17.2013

Mortgage loans in lei granted by ING Bank have reached 15% of overall mortgage lending nine months after the bank’s strategic decision to no longer sell retail loans in euros. more

09.30.2013

Romanian central bank governor Mugur Isarescu Monday said commercial lenders “will have no choice” but to reduce lending rates following the central bank’s monetary policy decisions over the more

08.12.2013

The Romanian leu could trade at around 4.43 per euro in December, not much changed from 4.42 per euro in today’s session, according to a survey released Monday by the association of financial and more

05.31.2013

Comparisons between interest rates in Romania and the euro-zone are “inappropriate” as they do not take into account the “enormous disparities” between the risks and the structure of the two more

05.15.2013

Steven van Groningen, chief executive of Raiffeisen Bank, says loan interest rates will be gradually cut, but the cuts will be made depending on market conditions, not because somebody ordered it. more

02.05.2013

A lower monetary policy rate would discourage domestic savings, while hurting economic growth, Romanian central bank governor Mugur Isarescu said Tuesday. more

01.22.2013

Mihail Ion, chairman of management company Raiffeisen Asset Management, which manages assets of 3.6 billion lei (EUR830 million), expects interest rates on government securities to continue their more

08.23.2012

Overnight interest rates on Romanian leu-denominated deposits rose to 9.25% in the interbank market Thursday, from 4.8% a day earlier, amid liquidity shortage. more

03.07.2012

Local banks’ hunger for euros combined with the cash injections of the Romanian central bank (BNR) have led to a spectacular situation on the banking market: interest rates on euro deposits have more

03.01.2012

Romanian banks are bound to lower their interest rates this spring, as liquidity in the system is increasing, central bank governor Mugur Isarescu said Thursday. more

02.27.2012

Bank interest rates on Romanian leu-denominated loans are likely to enter a downward path in the coming months, but consumer confidence remains the main drive for lending growth, central bank deputy more

02.14.2012

Romanian bank interest rates are likely to increase in the coming period, despite the central bank’s monetary policy easing, the head of the country’s second largest lender BRD - Societe Generale more

02.07.2012

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 more

12.20.2011

Romanian banks are likely to reduce interest rates on both deposits and loans in local currency in 2012, the head of the country’s banks association ARB said Tuesday. more

12.06.2011

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 more

11.03.2011

Romania’s largest bank Banca Comerciala Romana (BCR), a unit of Austrian Erste Group Bank AG, doesn’t plan to lower its interest rates on loans following the central bank’s decision to cut the more

09.23.2011

Romania is in the odd situation where transactions are concluded in lei, but many prices are set directly in euros, so that the economy is basically relying on the euro, so why should leu-denominated more

08.03.2011

Bankers raised consumer loan interest rates in June, after having displayed one-digit nominal interest rates in spring, even though they are still complaining about a lack of clients. The explanation: more

07.15.2011

Romanian lenders continue to charge high interest rates on leu-denominated loans, well above the central bank’s key rate of 6.25%, but the fees are likely to come down in the following period, more

05.24.2011

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, more

05.18.2011

BCR, the biggest domestic bank in terms of assets, has taken the market by surprise after having unexpectedly raised the interest rate for leu-denominated consumer loans, to 14.5% a year, thus more