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

04.15.2016

Interest rates on bank deposits offered by banks in Romania reached record lows, prompting more investors to focus on the capital market in search of more effective methods to place their savings, more

05.26.2015

Customers that place their money in bank deposits should rather look at the real interest rate, which currently is higher than a few years ago, central bank governor Mugur Isarescu said Tuesday. more

05.08.2015

Some banks have cut the interest rates at deposits too much, due to the liquidity surplus, but lenders still have room to reduce the loan rates, according to Romania’s central bank governor Mugur more

04.17.2015

Companies in Romania had deposits worth 170 billion lei (EUR38 billion) with local banks at the end of March, down by the equivalent of RON9.5 billion from December 2014, amid the falling interest more

11.27.2014

RON-denominated consumer loans totaled 23.8 billion lei at the end of October, up almost 3%, and RON600 million respectively, from the year-earlier period. Against September, the volume of such more

10.02.2014

Several banks in Romania, inclusively some of those paying interest rates above the market average, have rushed to adjust interests offered to depositors as soon as the central bank cut the benchmark more

09.11.2014

Loan interest rates are falling and will keep falling because the central bank has been taking measures aimed at reducing rates and it will probably continue to do that, which will boost loan demand, more

09.10.2014

The average effective interest rate of Romanian currency-denominated mortgage loans hit an all-time low of 5.2% per year in July, half the level of three years ago, when banks sold only more

08.06.2014

The Romanian central bank is ready to further narrow the gap between interbank rates and the monetary policy rate so that banks feel comfortable enough to resume lending, even if the move might more

07.23.2014

Standard rates for mortgage loans in lei have become cheaper than foreign currency mortgages, following the interest rate decrease on the Romanian market. more

05.12.2014

Interest rates on corporate loans in Romania will continue their decline started in the recent months, albeit at a slower pace, while the already-low deposit rates could go negative, the president of more

03.27.2014

Interest rates on leu-denominated loans are expected to continue their decline in the coming months, provided the economic fundamentals remain unchanged, Romanian central bank’s deputy governor more

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

01.20.2014

Romania’s largest bank BCR, a unit of Austrian Erste Group Bank AG (EBS.RO), on Monday lowered by up to one percentage point its interest rates on leu-denominated mortgage and consumer loans, the 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

12.12.2013

Romania’s telecom market regulator ANCOM has decided to lower maximum termination rates from EUR0.307/minute to EUR0.096/minute for mobile calls and from EUR0.067/minute to EUR0.014/minute for more

11.27.2013

Loan interest rates in Romania are not likely to decline by much in the following period, because of a high level of risk costs in the banking system, particularly with non-performing loans, an more

11.15.2013

The new royalty rates levied on mineral resources other than natural gas and oil, which will be increased starting 2014, will apply only to future contracts, said Romanian Finance Minister Daniel 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

08.30.2013

A massive drop in interconnection tariffs will cut into telecom operators’ investment budgets, thus affecting the long term development of the sector, officials of operators Romtelecom and Cosmote more

08.13.2013

Mobile operators Cosmote, Orange, RCS&RDS and Vodafone Romania want to bring to similar levels charges for calls made in different networks and for same-network calls. more

08.13.2013

Romania’s largest bank BCR Tuesday estimated that interest rates on low risk loans in domestic currency could fall below 6% in 2014, close to foreign currency loan rates. 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