interest rate

In a surprising move in its meeting today, 7 August, the Board of the National Bank of Romania decided to cut the monetary policy rate to 6.50 percent per annum from 6.75 percent, effective 8 August 2024. The central bank also lowered the…

The Competition Council started several inspections in Bucharest at the headquarters of the 10 banks that participate in the ROBOR calculation, as part of an investigation in which they suspect an agreement between these banks to set the…

Alpha Bank Romania increases the interest rate for savings products in RON and foreign currency, both for individuals and for legal entities. In the case of 1-year deposits in RON for individuals, the interest rate reached 7.25%. “The…

In its meeting of 6 July 2022, the Board of the National Bank of Romania decided to increase the monetary policy rate to 4.75 percent per annum, from 3.75 percent per annum, as of 7 July 2022. The central bank also raised the lending…

OTP Bank Romania today increases the interest rate on term deposits in lei for 1, 3, 6 and 12 months, with an interest transfer at maturity and a monthly interest transfer. By this new rise, OTP Bank Romania stimulates savings and the…

Stanleybet Capital, part of the Game World group, operating on the sport betting and gambling market in Romania, closed the bond offering with a total value of 20 million RON (approximately 4 mil. EUR). The intermediary was SSIF Goldring, a…

Romania's Ministry of Finance has borrowed EUR 3.3 billion from the foreign markets. However, our country would have liked to lure EUR 4 billion. The loan has entered the domestic Treasury on May 26. According to the ministry, the level…

The Finance Ministry has launched four new government bonds issues starting on Friday, under the Thesaurus Programme, with interest ranging from 3.5% per annum to 5% per annum, depending on maturity. According to the Issue Prospectus…

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Wednesday to 3.06%, up from 3.05% on Tuesday, according to the figures released by the National Bank of Romania (BNR).…

The National Bank of Romania (BNR) has conducted on Monday the eighth repo operation this year, and the largest in the past 17 years: RON 16.65 billion. Previously, the largest repo operation was of 13.85 billion, dated on June 25, 2012,…