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Tag Archives: loans

Senate committee wants new ROBOR index applied to ongoing contracts

The new ROBOR index, based on transactions, could also be applied to ongoing contracts, as the Senate Economic, Industries and Services Committee voted on Tuesday an amendment to GEO 19/2019 amending GEO 114/2018 on the establishment of some measures in ...

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PM: Gov’t is amending GEO 114, Robor index to be replaced

PM Viorica Dancila has announced at the beginning of the Government sitting on Friday morning that, based on the principles agreed with the the National Bank of Romania and the Romanian Bank Association, the emergency ordinance GEO 114 will be ...

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Finance Ministry fails to get loans, commercial banks show low interest in state bonds. Consequence of GEO on ‘tax greed’?

The Finance Ministry has tried to get loans on Monday amounting to RON 400 million from commercial banks on the domestic market. The 7 primary dealers submitted several offers of about 30% of the demanded amount, but the ministry turned ...

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3-month ROBOR Index resumes upward trend, soars to 3.22%

The 3-month ROBOR Index, according to which the cost of variable-yield loans in RON is calculated, has increased on Friday to 3.22%, up from 3.21% in the previous session, according to the figures released by the National Bank of Romania ...

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37% of Romanians live from one day to the next, survey says

About 60% of Romanians say they have contracted loans and 37% claim that they have mandatory monthly expenses identical to the earnings, a survey conducted by iSense Solutions and published on Thursday reads. The survey also reveals that 30% of ...

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