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Banks Are In No Hurry To Raise Deposit Interests Despite Central Bank Signals And Rise In Inflation
Bankers are in no hurry to raise the interests of leu deposits despite Romania’s central bank having raised the key rate twice this year and inflation becoming more and more pressing.
Mortgage Lending Up To RON970M In October
Demand for homes and leu-denominated mortgage loans has gone up in the last few months of this year and in October banks granted 970 million lei (EUR209 million) loans so the stock of loans...
Finance Ministry Says Interbank Rates Hiked State Paper Yields
Romania's finance ministry said Wednesday the rise in interbank interest rates influenced yields of treasury bills and bonds but it has largely covered its financing needs for the next six m...
Raiffeisen Bank Analysts See Interbank Rates Topping 2%, Inflation at 4% Mid-2018
Raiffeisen Bank analysts estimate the three-month interbank interest rate ROBOR will exceed 2% mid-2018 and inflation will stand at 4%, the bank's chief economist Ionut Dumitru said Friday.
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...
Eight Investors Interested In Buying Bancpost
Bancpost, the ninth largest bank in Romania by assets, has attracted the interest of eight Romanian and foreign strategic and institutional investors after being put up for sale, banking sou...
Euro And Swiss Franc Up Against Leu, Interests Stayed Put In Q1
The domestic currency and the government paper yields were under pressure in the first quarter, reeling especially from the internal political turmoil, which culminated in street protests an...
CEC Bank Cuts Interest Rates For Mortgage Loans In Lei
Romanian lender CEC Bank has decided to cut the interest rates for mortgage loans in lei for the acquisition or construction of homes in Bucharest and Ilfov county, county capital cities and...
Low Interest Rates And Rise In Spending Drive Consumers’ Bank Deposits Down
New deposits in domestic currency made by individual customers of banks in Romania stood at 136 billion lei (EUR30 billion) in January-August, down 7.4% on the year-ago period, according to...