National Bank of Romania
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ZF English
Romanians only borrow in foreign currency
The volume of loans in RON fell by nearly 9% in real terms in August, with the decline deepening in the last few months despite the NBR (National Bank of Romania) holding the key interest rate at 6.25% a year.
ZF English
Banks' margins continue to fall
The lending profit margin - the spread between the interest rate asked by banks for loans and that offered for savings, narrowed to an average of 3.05% in August, according to data from the...
ZF English
Analysts foresee a rapid slowdown for retail credit
Higher interest rates, as a result of the international crisis, tougher measure for funding, as stated in the new regulation of the NBR (National Bank of Romania), and the wide comparison ba...