interests
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Inflation has long exceeded interests on deposits in lei
Bankers have adjusted interests they pay on deposits several times this year, and with promotional offers becoming increasingly rare, incentives to save are increasingly weak.
BRD enters refinancing deal battle with 7% interest per annum for lei
BRD, the second biggest bank domestically, joined the battle of attracting clients by refinancing older loans released by competitors, in which several top players had already engaged.
Failure to enact laws as agreed with IMF leads to higher sovereign risk and interests
President Traian Băsescu's call for a moratorium of the parliamentary parties for 30 to 45 days so that the laws agreed with the International Monetary Fund (2011 budget law, uniform salary...
Finance Ministry announces 16% tax on interests and luncheon vouchers as of July 1
Almost 600 million RON (142 million euros).
Greek banks begin interest battle over clients’ money again
Greek-held local banks are back in the game with “attractive” interests on deposits in both RON and euros in an attempt to raise as much cash from local clients as possible, given that the i...
State borrows again at interests below NBR benchmark rate
The state has again succeeded in borrowing RON from commercial banks at lower interest rates than the national bank's benchmark rate, after a two and a half year hiatus, as investors are reg...
IMF money wasted on wages and interests
The government managed to keep the budget deficit within the bounds agreed with the IMF, at 7.2% of the Gross Domestic Product, but that was only because of temporary cost-cutting measures t...
Banks are starting to cut interests on RON
Those seeking to get an over 10% interest must hurry. Only three banks on the market are still offering over 10% for three-month deposits in RON. Marfin Bank, controlled by the Greeks by the...
Promising start of the year: RON up, interests and risk premiums down
The start of the year brought an unexpected breath of fresh air for the interbank market, with the RON strengthening to 4.17 RON/EUR, the best level achieved since last spring, while banks l...