interest
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BCR takes the market by surprise with 3.75% deposit interest rise
BCR, the leader of the banking system, operated an increase in the interests paid on RON deposits from its clients by 3.75%, which came as a shock to the market. After this leap, the interes...
Citi introduces credit cards with annual interest rate of almost 28%
Citibank, the local division of the American giant Citi, yesterday launched two Visa-branded credit cards dedicated to individual clients, after weighing the pros and cons of such a move for...
Public optimism won't allow interest rate increases to hinder lending
The National Bank's interest rate increases have had a reduced impact on lending in the wake of public optimism over higher incomes. However, the tightening of lending conditions by the comm...
Raiffeisen analysts: higher NBR interest rate brings slower credit increase
The decisions of the National Bank (NBR) to increase the monetary policy interest rate, combined with a slower economic growth in the 2008-2009 period will primarily affect the dynamics of l...
Interest rate increase tempers consumer demand
The growth rate of consumer credits slowed down in the first month of the year, marking a 3.1% monthly advance, given that banks significantly increased interest rates since last autumn, ami...
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...
Bancpost raises interest rates again
Bancpost has once again increased interest rates for its PRIM deposit (a fixed interest rate deposit), but has reduced the interest rate for its savings account in American dollars. For PRIM...
Citi: NBR's interest rate should climb to 10%
The cut in the key interest rate by the NBR (National Bank of Romania) to 7% last summer was premature. Now, an increase of as much as 10% is necessary, given the deterioration of the inflat...
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...