LOAN INTEREST
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Banks-Insurance
Consumer Loan Reference Index Reaches 2.66% for 2Q
Romania's consumer loan reference index, or IRCC, stood at 2.66% in the second quarter, slightly higher than the 2.63% value for the first quarter of the year, central bank data showed Monday.
Banks-Insurance
NBFI Loans Could Have Lower Interests as of October 1 - Central Bank Official
Romania's central bank will introduce a prudential norm as of October 1, 2017 on loans granted by non-banking financial institutions (NBFIs) that may reduce interests paid by customers, said...
Banks-Insurance
Half Of Romanians Misunderstand The Notion Of Loan Annual Percentage Rate - Survey
Most Romanians choose a loan offer according to the effective annual percentage rate (APR, called DAE in Romania), but one third do not know what this rate means and more than half have the...