Raiffeisen Bank, the Romanian market’s third-largest bank, yesterday announced a three-percent interest rate cut for consumer loans in ROL, from 31% down to 28% annually. Moreover, the bank pushed up, by half a percentage point, the interest rates for loans in euros and US dollars aimed at home purchasing, from 8.5% up to 9% annually. The interest rates for home purchase loans in ROL (22% per year) and those for the loans aimed at modernising and building homes (25% annually for ROL and 9.5% annually for euros and dollars) remain unchanged. ZF



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