08.07.2013

Romanian central bank governor Mugur Isarescu Wednesday said that his bank would do “everything possible” to help narrow the gap between interest rates on domestic and foreign currency loans. more

08.01.2013

Rental prices for apartments in Romania’s main cities saw fluctuations during the past year, from increases of EUR70 (28%) to decreases of EUR50 (17%), depending on locations and types of more

07.11.2013

Romania will apply royalties for all is natural resources starting next year and will raise them to average royalty rates in the European Union, Prime Minister Victor Ponta said Thursday. more

06.12.2013

Interest rates on leu-denominated loans will stay high due to weak economic performance, the head of UniCredit Tiriac Bank said Wednesday. 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

05.14.2013

The chief executive of Raiffeisen Bank Romania said Tuesday local bankers could follow the central bank’s lead and cut interest rates on loan facilities, but the process would be rather lengthy. more

05.08.2013

Romanian central bank governor Mugur Isarescu said Wednesday that the institution’s move to cut interest rates on its standing facilities should reflect in lower loan rates on the interbank market 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

01.02.2013

Prime Minister Victor Ponta on Tuesday said Romania is unlikely to apply differentiated tax rates on income in 2013, but the principle whereby taxes must be cut for certain social categories will be more

10.16.2012

Romanian Prime Minister Victor Ponta said Tuesday royalty rates for oil and natural gas must be changed, adding that this will not happen before 2014. more

10.07.2012

Romania’s Government and oil company OMV Petrom (SNP.RO) have recently started talks regarding royalty rates for oil and natural gas, Mariana Gheorghe, CEO of the company, said in an interview more

10.01.2012

The level of the excise duties in Romania will be calculated using an exchange rate of 4.5223 lei per euro next year, 5.2% higher than in 2012. 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

01.12.2012

Romanian overnight interest rates on the interbank market dropped to 1.71%-2.21% a year Thursday, amid liquidity surplus, reaching the lowest level since the global financial crisis first hit in 2008. 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