Results 26 - 50 from 137 for "interest"
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Three-Month Money Market Rate Drops to 2.89%, Lowest Level in a Year
03.04.2020
Romania's three-month ROBOR index, the three-month interbank interest rate used as a reference to calculate interests for consumer loans in lei, dropped to 2.89% a year Wednesday, the lowest it's been more
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Romania Raises EUR150M Selling 5-Month Bills at Negative Yield
02.27.2020
Romania's finance ministry on Thursday raised EUR150 million selling five-month treasury bills, maturing in August 2020, at a negative yield of 0.11% a year, central bank data showed. more
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Banks’ Interest Income Five Times Higher Than Interest Expenses In 2019
02.27.2020
Lenders’ interest income reached RON18.8 billion in 2019, while interest expenses stood at merely RON3.6 billion. more
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Finance Minister Says Central Bank Could Lower Interest Rates
02.13.2020
Romanian finance minister Florin Citu said Thursday the central bank could lower interests as soon as possible if it intends to do so. more
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United Group Becomes Competitor of Orange and Digi for Telekom Romania
11.25.2019
Telecommunications group United Group, which has operations in seven countries in the region, is held by US-UK private equity firm BC Partners and has just signed the deal to take over Vivacom, more
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Switzerland’s Sika One Step Away From Buying Construction Materials Manufacturer AdePlast
10.21.2019
Swiss mortar and construction adhesive manufacturer Sika is in advanced talks to buy Romanian-held AdePlast, construction market sources say. more
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Consumer Loan Reference Index Reaches 2.66% for 2Q
09.30.2019
Romania's consumer loan reference index, or IRCC, stood at 2.66% in the second quarter, slightly higher than the 2.63% value for the first quarter of the year, central bank data showed Monday. more
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Government Drafts Bill Changing Subsidized Mortgage Lending Program
08.23.2019
Romania's finance ministry has drafted a bill changing the state-subsidized mortgage lending program to benefit families with or without children, capping the required monthly income and the home more
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CEC Bank Official: Adjustment of Interest Spread to Boost Financial Intermediation
03.07.2019
A middle ground must be found when it comes to the interest spreads of the banks on the local market, so as to pursue not only profit but also an increase in financial intermediation, says Bogdan more
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Coface: More Difficult Access To Financing, Higher Interest Rates To Negatively Impact Business Environment In 2019
02.08.2019
The current economic context will become increasingly volatile in the coming period, impacted by the mix of domestic legislative measures and the external economic and political developments. more
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Lenders’ Interest Income Sees Double-Digit Growth In Q1
05.31.2018
Romania’s banking system reaped the rewards of the rise in inflation and interbank rates in the first quarter, so all major players posted significant growth of 8% to 22% of the net interest income more
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Romania 3-Month Money Market Rate Hits New High at 2.73%
05.09.2018
The 3-month money market interest rate used to calculate interests for consumer loans in lei grew to 2.73% Wednesday from 2.68% Tuesday, central bank data showed. more
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BCR, BRD, CEC Bank And Raiffeisen Keep Leu Deposit Interests Low Despite Rising Key Rate and Inflation
05.09.2018
The raise of the key rate three times this year to 2.5% and the upward inflation trend are not pressuring bankers to raise deposit interests. Some large banks are keeping interests for leu deposits at more
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Study: Capping Interest Rates Reduces Lending, Consumption, Affects Investments
03.12.2018
A cap on interest rates, currently under debate in parliament, would lead to lower household lending, would reduce consumption and could affect investments, thus hindering economic growth leading, more
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Banks Are In No Hurry To Raise Deposit Interests Despite Central Bank Signals And Rise In Inflation
02.14.2018
Bankers are in no hurry to raise the interests of leu deposits despite Romania’s central bank having raised the key rate twice this year and inflation becoming more and more pressing. more
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Mortgage Lending Up To RON970M In October
11.29.2017
Demand for homes and leu-denominated mortgage loans has gone up in the last few months of this year and in October banks granted 970 million lei (EUR209 million) loans so the stock of loans reached more
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Finance Ministry Says Interbank Rates Hiked State Paper Yields
10.25.2017
Romania's finance ministry said Wednesday the rise in interbank interest rates influenced yields of treasury bills and bonds but it has largely covered its financing needs for the next six months. more
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Raiffeisen Bank Analysts See Interbank Rates Topping 2%, Inflation at 4% Mid-2018
10.06.2017
Raiffeisen Bank analysts estimate the three-month interbank interest rate ROBOR will exceed 2% mid-2018 and inflation will stand at 4%, the bank's chief economist Ionut Dumitru said Friday. more
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ROBOR Index At Two-Year Peak On Interbank Market
09.28.2017
Interbank leu rates rose for the third time in a row on Wednesday, and the three-month ROBOR, which is used to set the interest rates for the loans of most Romanians, reached 1.25%, the highest in two more
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NBFI Loans Could Have Lower Interests as of October 1 - Central Bank Official
08.10.2017
Romania's central bank will introduce a prudential norm as of October 1, 2017 on loans granted by non-banking financial institutions (NBFIs) that may reduce interests paid by customers, said central more
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Eight Investors Interested In Buying Bancpost
05.19.2017
Bancpost, the ninth largest bank in Romania by assets, has attracted the interest of eight Romanian and foreign strategic and institutional investors after being put up for sale, banking sources told more
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Euro And Swiss Franc Up Against Leu, Interests Stayed Put In Q1
04.05.2017
The domestic currency and the government paper yields were under pressure in the first quarter, reeling especially from the internal political turmoil, which culminated in street protests and fiscal more
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CEC Bank Cuts Interest Rates For Mortgage Loans In Lei
01.19.2017
Romanian lender CEC Bank has decided to cut the interest rates for mortgage loans in lei for the acquisition or construction of homes in Bucharest and Ilfov county, county capital cities and other more
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Low Interest Rates And Rise In Spending Drive Consumers’ Bank Deposits Down
10.17.2016
New deposits in domestic currency made by individual customers of banks in Romania stood at 136 billion lei (EUR30 billion) in January-August, down 7.4% on the year-ago period, according to the more
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Loan Broker: It’s A Good Time For Refinancing Loans Due To Lower Interests
07.31.2016
Clients who contracted loans in the past years can benefit from the decrease of interests and refinance their loans, according to loan broker Stefan Ivan. more