INTEREST RATES
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Erste Estimates Romania Central Bank Will Keep Key Rate at 6.50% Until May 2027, Sees Yearend Inflation at 5.9% YOY
The analysts of Erste Group, the owner of BCR, estimate the National Bank of Romania will maintain the monetary policy rate at 6.50% until May 2027, and inflation will reach 5.9% at yearend, against 10.9% in May.
tbi bank Increases Interest Rates On Term Deposits In Lei To 8%/Year
tbi bank has increased to 8% per year the interest rates on 1-month term deposits in lei for individuals.
Libra Internet Bank Increases Interest Rates On Deposits In Lei For Individuals And Legal Entities As Of May 13
Libra Internet Bank has increased the interest rates on deposits in lei for both individuals and legal entities, starting May 13, 2025.
Erste Group: Romania Likely to Hit New 8% Inflation Peak in Jan-Feb 2024
Erste Group, which owns BCR in Romania, has upwardly revised its Romania inflation estimate for 2024 amid stepped up inflationary pressures, now expecting a peak of at least 7% in January-Fe...
Raiffeisen Bank Increases Interest Rates On Foreign Currency Deposits For Individuals
Lender Raiffeisen Bank on Thursday (Oct 13) said it increased the interest rates on deposits in foreign currency, for individuals, to 0.5% per year for euro deposits and to 2% per year for d...
Alpha Bank Increases Interest Rates On Deposits In RON And Foreign Currency
Alpha Bank Romania on Wednesday said it increased the interest rates for savings products in RON and foreign currency, both for individuals and legal entities.
OTP Bank Romania Again Increases Interest Rates On Term Deposits In Lei For Individuals
OTP Bank Romania on Monday said it increased the interest rates on 1- and 3-month term deposits in lei by 0.4% and 1.10%, reaching up to 5.10% and 6.10%, respectively.
New Corporate Loans Picked Up in September
September brought a corporate lending rebound, after the August slowdown. Banks operating on the Romanian market granted new RON-denominated loans of RON3.77 billion to companies, up 31.6% f...
Romanian Parliament Rejects Bill Seeking to Cap Interest Rates on Retail Loans
Romanian lawmakers have rejected a bill that sought to cap interest rates on mortgage and consumer loans to at most 50% above the central bank benchmark rate.