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Banks-Insurance
Central Bank: SMEs Are Not Taking Out Loans Because Of Too High Interest Rates
Almost half the small and medium-sized enterprises in Romania surveyed by central bank BNR says they are not eager to take out bank loans because of too high costs.
Banks-Insurance
BNR Expects Rate Cut To Show In Loan Interests
The persistence of low demand in the economy and the weak lending have persuaded the central bank (BNR) to finally relax the monetary policy after an eighteen-month hiatus.
Banks-Insurance
Business Vs BNR: Lower Rates Needed To Boost Consumption
Lower interest rates would allow the government to borrow cheaper and implicitly help the economy, but the Romanian central bank (BNR) is more preoccupied with protecting the leu rather than...
Capital Market
Romanian Central Bank Keeps Key Rate Unchaged At 6.25%
Romania’s central bank Wednesday left its main interest rate at a record low of 6.25% a year for the tenth straight time, as inflation is still likely to top the bank’s forecast.