interest
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Romania Has Already Paid EUR1.6B Interest To IMF And EU, Enough For 320 Km Of Highway
Romania’s EUR20 billion rescue package is now eating into the funding that should have gone to highways, railways and hospitals. The central bank and the Finance Ministry got an actual amoun...
SMEs May Access Annual Credit Lines Of Up To RON0.4M With Subsidized Interest
Small and medium-sized enterprises (SMEs) in Romania will be able to access annual credit lines capped at 400,000 lei (EUR90,600) per firm starting April 4 through the state-supported “Mihai...
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...
Bancpost: We Don’t Want To Pay Higher Interests On Deposits Than Non-Greek Banks
Bancpost, the subsidiary of Greek bank Eurobank, will try to take advantage of the proven stability of deposits attracted and push interest rates offered by Greek-held banks down, says Antho...
Price Of Stronger Leu: Leu Interest Rates Reach Year High
The leu last week recovered some of the ground it lost against the euro in recent months. Its newfound strength came at the cost of an increase in interbank rates at the highest level this y...
ANAF Must Pay Penalties Of RON6M To Refinery For Failing To Refund VAT
The Romanian High Court of Justice decided at the beginning of July that tax authority ANAF must pay interest of about 6 million lei (EUR1.3 million) to refinery Steaua Romana as penalty for...
Firms Liquidate Deposits Above EUR100,000 From Banks Because Of Lower Interest Rate
Almost 1,000 companies with bank deposits above 100,000 liquidated their deposits, while the number of depositors holding less than that amount fell by 7,800, according to the bank deposit g...
Banks Pay Less To Attract Deposits In Lei, But Continue To Pursue Euro Deposits
The average interest rate displayed by banks for household deposits in lei has diminished by a quarter of a percent in March to 6.24% a year, with the plentiful liquidity on the market putti...
Higher Profits From Margins As Banks Hike Price Of Consumer Loans Despite Borrowing Cheaper
Leu-denominated loans for individuals became more expensive in February after three months of decline in a row, because of bankers seeking to boost revenue even though they are paying less t...