rate
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Effective rate up, nominal rate down
The central bank has increased the intervention rate on Monday, when it absorbed the banks' entire excess liquidity at a fixed interest rate of 7%, even though the monetary policy interest r...
Baumit, expects to maintain its 30% growth rate in H2
Construction materials manufacturer Baumit Romania, a branch of the international group Baumit Wopfinger, generated a 30% turnover increase in the first half of this year against the same pe...
Dijmarescu, NBR: Monetary policy rate cut not an option
Eugen Dijmarescu, vice-governor of the National Bank of Romania (NBR), in charge of market operations, believes a new reduction in the monetary policy interest rate is no longer an option fo...
Q2 industry advance, slowest rate of the past year and a half
Industry in the second quarter increased by only 4.4% and slowed down significantly after the first three months of this year, when the rate hit 7.8%. The Q2 growth rate was the slowest reco...
Interest rate for credits in euros down from 9 to 8%
The spread between interests operated by banks for individual clients for credits in euros and those paid for deposits has lowered significantly over the past year. Whereas in June last year...
Eurisko concerned over the house price increase rate
The Romanian real estate market continues to grow, fuelled by the wide gap between supply and demand, particularly on the residential segment. However, the increased rate of prices also rais...
Holcim's Romanian branch: fastest growth rate in Europe
The three largest cement producers on the Romanian market, Lafarge, Carpatcement Holding and Holcim, with cumulated profits worth over 190 million euros last year, maintained their fast-pace...
Clientii Credit Europe Bank (Romania) pot achita in rate cumparaturile facute in magazinele Billa
Credit Europe Bank (Romania) si retailerul Billa au incheiat un parteneriat in urma caruia clientii bancii care detin un aumit tip de card emis de banca pot cumpara in rate produse din magaz...
Bank analysts see monetary policy rate staying at 7%
NBR interest rate is likely to remain unchanged after today's monetary policy session, according to analysts interviewed by ZF, amid the mounting inflationary pressures generated by the prol...