interests
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BCR cuts interests
Banca Comerciala Romana (Romanian Commercial Bank - BCR) cut interests on credits for individuals and corporate bodies by up to 4% yesterday. The base interest on short-term loans for econom...
Eximbank cuts interests
Romania's Export Import Bank (Eximbank) has cut base interests on loans for companies engaged in export operations as of this week. The rate cut also goes for the ROL-denominated loans contr...
Interests, sole profit source for Rulmentul
Income posted last year by Rulmentul Brasov - 6.7bn ROL is about 90% lower in real terms than in 2001, when the company posted 36bn ROL in net profit. Last year's profit was largely due to t...
ARB promotes banks' interests
ARB promotes banks' interests
ARB promotes banks' interests
Romanian Banks' Association (ARB) proposed the National Bank of Romania (NBR) to stop allowing banks that run out of liquidities to resort to minimal compulsory reserves, except for a minima...
Higher interests for lei
Prime Minister Mugur Isarescu on Wednesday met with representatives of the Finance Ministry and of the National Bank of Romania, to the end of deciding on a policy meant to make lei-denomina...
Higher interests for lei
Higher interests for lei
Banks want higher interests
For the first time this year, no one took part in the T-bills issue organised on Monday by the Finance Ministry, as banks are no longer interested in placing their money for low interest rat...
Banks want higher interests
Banks want higher interests