LEI
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Liviu Andrei, Alliance Finance: Market Of Mortgage Loans In Lei On The Rise For Nearly Two Years
The market of mortgage loans in lei has been on the rise for nearly two years and will further grow, all the more so as the value of an average loan increase by nearly 5-7% in 2016 and reached nearly EUR60,000, at market level, according to Liviu Andrei, manag...
Local Currency Lending Grew 50% on Year in January-May
Banks gave local currency loans totaling RON12 billion to individuals in January-May, 50% higher than in the same period last year, due to lower interests on loans in lei.
New Consumer Loans Totaled RON1.5B In May, A 7-Year High
Romanian banks granted new consumer loans worth RON1.5 billion in May, double from the same period a year before and a seven-year high, according to the aggregated data of the central bank.
Bucharest Plans Leu Bond To Refinance EUR500M Eurobond Due In 2015
The city of Bucharest plans to issue leu-denominated bonds to fund the repayment of its EUR500 million Eurobond that falls due in 2015, according to an auction announcement.
Fast Key Rate Decline Encouraged Firms To Take Out RON1.6B Loans In Two Months
Lower interest rates do manage to stimulate the demand for loans, as proved by the 2% increase in leu-denominated loans in September after the 3-month ROBOR (the offered rate on the interban...
ING Head: Mortgage Loans In Lei Increased Share In Overall Mortgage Lending To 15%
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.
Romania Offers Best Interest Rates On Local Currency Loans In CEE - Survey
Romanian banks offer some of the best interest rates for household loans in local currency in central and eastern Europe, despite the central bank’s high monetary policy rate and a negative...
Ranking Of Most Exclusive Investment Funds In Romania
One must pay tens and even hundreds of thousands of lei to become investor in a closed-end fund, which puts clients’ savings in real estate, energy projects, financial derivatives or works o...
Corporate Loans In Lei Return To Two-Digit Interest Rates
The average interest rate on the new leu-denominated corporate loans increased to almost 10% a year, 0.5% above the minimum of last spring. This means bankers are again charging interests th...