deposits
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Banca Romaneasca pays 11% for 6-month deposits in RON
Greek-based Banca Romaneasca pays interest rates that range from 10% to 11% for deposits in RON in order to persuade their clients to save more. The new interest rate levels are on average t...
Banks pay 10% a year for term deposits in RON
Small players in the banking system, such as Bank Leumi and ProCredit, increased the interest rates paid for term deposits in RON to 10% a year, in order to attract more funds from clients....
Piraeus raises interest on RON deposits to 10.5% a year
Piraeus Bank, a medium-sized player on the retail segment now offers an annual interest rate of 10.5% for three-month deposits. The bank, however, requires that such deposits be new, as the...
Annual interest rates top 9% for deposits in RON
Greek-based Banca Romaneasca has increased the annual interest rate on deposits in RON to 9.1% for three-month deposits - a record high, according to financial data sent to ZF. At the end of...
Foreigners' deposits total 3.4bn euros
Foreigners' medium and long-term deposits in Romanian banks increased almost 4 times between November 2006 and November 2007. The level of such deposits reached an all time high of 3.73 bill...
Banca Romaneasca: higher interest rates for deposits
Greece-based Banca Romaneasca (Romanian Bank) wants to raise more money from its clients by increasing interest rates for deposits in RON by up to three quarters of a percentage point. The b...
Winter brings good interest rates for credits and deposits
In the process of strengthening the monetary policy, commercial banks have released a wave of promotional offers, with cuts on credit costs. Two top banks have announced increases in interes...
Population's RON deposits up 52% in August
The population's savings registered strong growth in August, with deposits in RON posting the highest annualised growth rate of the last three years (52%) according to data reported by the N...
Bank deposits sell investment funds
Positioned on the border between conditioned sales and bank offers, the products bundling together bank deposits and fund units have helped to bolster the popularity of the bank-owned invest...