interest
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NBR could increase interest rate to 9%
The NBR (National Bank of Romania) will increase the key interest rate for RON by at least half a percentage point today, to 8.5% a year, and is expected to continue to apply a moderate incr...
Interest rate increases affect real estate projects
Real estate projects are the most sensitive when it comes to interest rates increases, particularly the office segment, which relies on the rent flow, according to Rasvan Radu, CEO of UniCre...
BCR raises interest rates on euro and RON loans by 0.5 %
BCR, the largest bank on the market in terms of assets, yesterday increased interest rates on loans in both RON and euros granted to its retail customers. As a result, the cost of loans incr...
NBR raises interest rate by 0.5% to 8% a year
NBR has taken one more step towards making lending in RON more expensive, when it upped the key rate by 0.5%, to 8% a year yesterday. Analysts believe that sooner or later customers will fee...
BRD: interest rates must climb
An interest rate hike for loans granted to individual customers is inevitable as the current level is extremely low, says Sorin Popa, head of retail at BRD-SocGen. "In Romania interest rates...
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...
Transgaz IPO could spark interest of over 10,000 investors
The initial public offering of Transgaz Medias, the largest of its kind ever witnessed on the Bucharest Stock Exchange, could attract more than 10,000 investors, believes Steven van Groninge...
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...
Foreign investor interest in farming land set to boost prices
A hectare of agricultural land could sell for up to 6,000 euros within the next five years, which is close to the European average. At present, agricultural land sells for 1,500-2,000 euros...