interests
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Banks revert to two-digit interests to boost savings
The hunger for RON is persuading more and more banks to offer 10% interest rates on RON deposits, as well as monetary rewards to clients that save over the coming months. BRD, the second-lar...
Higher interests unable to persuade clients to save more
The increase in deposits made by individual clients both in RON and in foreign currencies continued to slow down in February, and reached one of the lowest levels of the past year. Deposits...
BCR sees the euro at 3.3 RON and interests rising
The euro is expected to end this year at around 3.3 RON, while a weaker RON correction will play an important part in NBR's inflation target being met, believes Lucian Anghel, chief-economis...
Consumer lending accelerated in May due to lower interests for RON
Consumer lending accelerated considerably in May, posting the fastest growth of the past nine months. Consumer finance gained steam as early as the beginning of spring, after witnessing a si...
High interests persuade clients to save money
Individual clients put more money in banks this December, stimulated by the interest rates on offer, which exceeded inflation. Deposits in RON made by individuals climbed by 6.4% in December...
Small interbank interests are not passed on to clients
Interest rates on the monetary market have remained at an all-time low for over a month, under pressure from the RON not purged by the NBR, but banks are in no hurry to pass this on to their...
Fixed interests outgrow inflation
Fixed interests outgrow inflation
American and Romanian interests: don''t assume they''re the same
Romania''s post-communist foreign policy can be divided roughly into three phases. The first phase, between 1990 and 1996, saw Romania''s foreign policy as a victim of the country''s directi...
Interests, racing to catch up with inflation
The year 2006 debuted with interest rates closer to the inflation rate, for the RON deposits: BRD pays up to two points more for saving accounts, while ING even doubles interests, from previ...