interests
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Isarescu asks bankers to cut interests
The gap between the interests charged by banks for loans in RON, 14-19% per annum and the key rate of the National Bank, 8%, is huge, Governor Mugur Isarescu said.
BCR cuts interests on deposits again
BCR, the biggest bank on the Romanian market, has cut interests on deposits in RON by around half a percentage point, with the biggest deposit interest now amounting to 8.5% a year and only...
Rekkers, BT: We're adjusting interests step by step
Banca Transilvania, a top ten bank, has cut interest on RON deposits by 0.25%, thus coming close to 10% a year, and Robert Rekkers, its chief executive says that loans will see gradual adjus...
Bankers stifle the economy with high interests
Six of the top ten banks in H1 cumulated net profits worth almost 350m euros, like in the good times of 2005-2006, while their corporate clients are struggling for breath, faced with plummet...
Bogza, Bancpost: More than 8% interests on RON deposits are not justified
Bancpost, a top ten bank held by Greek financial group EFG Eurobank, has operated severe interest rate cuts on RON deposits, to 7% a year, which is lower than the key rate charged by the NBR...
Bankers cut interests on deposits, but forget to cheapen loans
Increasingly more banks are starting to adjust their deposit interest rates, but the cheapening of credits is yet to be seen, with bankers using this gap, as usual, to cover some of their co...
Small banks hesitate to cut interests on deposits, hindering lending rebound
Despite the successive interest rate cuts operated by commercial banks over the last few months, earnings offered by savings products are still high, hindering the relaxation of lending term...
Banks hesitate to cut interests, but profit margins swell
Banks kept interest rates at still high levels in March, with rises operated last autumn making room for boosting profit margins, according to the latest data published by the NBR (National...
When will the first results of European infrastructure funds start to show?
The infrastructure projects funded by the European Union will not yield any noticeable results over the next two years, but if there is political interest, the absorption of European funds,...