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ROBOR

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Three-Month ROBOR Hits Three-Year High Of 1.92%
Banks-Insurance

Three-Month ROBOR Hits Three-Year High Of 1.92%

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, jumped to 1.92% on Tuesday (Nov 14), the highest level in the last three years, central bank...

Ecaterina Craciun · 14.11.2017 · 12:12 · 1 min
Three-Month ROBOR Returns To Year-High Of 1.89%
Banks-Insurance

Three-Month ROBOR Returns To Year-High Of 1.89%

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, jumped to 1.89% on Monday, from 1.87% on Friday (November 10), central bank data showed Monda...

Ecaterina Craciun · 13.11.2017 · 13:09 · 1 min
Isarescu: Interbank Rates Grew Suddenly on Better Than Expected Tax Collection
Banks-Insurance

Isarescu: Interbank Rates Grew Suddenly on Better Than Expected Tax Collection

Improved tax collection contributed to the sudden rise in interbank interest rates, central bank governor Mugur Isarescu said Tuesday at a press briefing following the central bank's monetar...

Oana Gavrila · 03.10.2017 · 16:33 · 1 min
Three-Month ROBOR Index Rises Rapidly, Hits 1.46% Thursday
Banks-Insurance

Three-Month ROBOR Index Rises Rapidly, Hits 1.46% Thursday

The three-month ROBOR index, used to calculate interests on loans in lei with variable interest, jumped to 1.46% on Thursday, after a massive jump of 9.6 points to 1.25% on Wednesday, centra...

Oana Gavrila · 28.09.2017 · 11:51 · 1 min
ROBOR Index At Two-Year Peak On Interbank Market
Banks-Insurance

ROBOR Index At Two-Year Peak On Interbank Market

Interbank leu rates rose for the third time in a row on Wednesday, and the three-month ROBOR, which is used to set the interest rates for the loans of most Romanians, reached 1.25%, the high...

Loredana Frățilă-Cristescu · 28.09.2017 · 10:27 · 2 min
Cristina Varzaru Takes Over As Vice-President Of BCR Banca pentru Locuinte
Banks-Insurance

Cristina Varzaru Takes Over As Vice-President Of BCR Banca pentru Locuinte

Cristina Varzaru took over as vice-president of mortgage lender BCR Banca pentru Locuințe (BCR BpL) and was already cleared for the position by the Romanian central bank.

Ecaterina Craciun · 21.01.2016 · 13:45 · 1 min
Romania Starts 2016 With Lowest Leu Loan Cost Ever
Banks-Insurance

Romania Starts 2016 With Lowest Leu Loan Cost Ever

The year 2016 came with a first for the post-communist interbank market in Romania: the three-month ROBOR, used as a reference for the cost of leu loans fell to the all-time low of 0.98% per...

Loredana Frățilă-Cristescu · 07.01.2016 · 00:00 · 2 min
Leu Loan Cost Hits All-Time Low
Banks-Insurance

Leu Loan Cost Hits All-Time Low

The interest rate at which banks borrow lei from the money market (reflected by the three-month Robor used as reference in leu-denominated retail loan contracts) has reached a new all-time l...

Loredana Frățilă-Cristescu · 17.12.2013 · 00:08 · 1 min
Leu Reaches Lowest Rates On Money Market Ever
Capital Market

Leu Reaches Lowest Rates On Money Market Ever

The three- and six-month ROBOR rates, the indicators of the money market used as a reference when setting prices for leu loan contracts, have plunged to all time lows of less than 4% this ye...

Tudor Ioana Raluca · 02.10.2013 · 00:00 · 1 min