News » January, 2011 » 10 January 2011
BCR discontinues RON-denominated mortgage loans
10.01.2011, 00:10 | Finance-Banks | 857 views
BCR, the biggest bank on the Romanian market by assets, is no longer selling RON-denominated real estate loans and RON-denominated unsecured loans. The bank has also dropped from its offer the fixed, 7.75% a year interest rate on real estate loans levied in the first five years, and the monthly 0.2% loan management fee. On the other hand, the interest rate margin on the Casa Mea (My Home) loan has been boosted by 0.35%, to 5.25% a year above six-month Euribor. BCR has favoured euro-denominated secured loans in the past as well, considering that in the First Home scheme, where the bank had the biggest cap allocated, BCR only had euro-denominated loans in its offer. Read more on ZF.ro
|
Latest news in category Finance-Banks
NBR governor Mugur Isărescu apparently ignores the fact that banks are refusing to negotiate with their customers and insists, after the passing of the law of giving in payment, that the parties of the loan agreement should negotiate: "Negotiation is the basis of the functioning of the market economy, in the European Union, because that is where we are living. Romania was and has been a loyal partner to the European project and we should not forget that". read more...
The European Central Bank (ECB) pursues its mandate and defends its independence, according to statements of the president of the institution, Mario Draghi, who responded yesterday, to some criticisms coming from several German officials concerning the lax monetary policy of the ECB. read more...
The British pound yesterday saw the biggest decline against the dollar since March 2009, after London mayor Boris Johnson, one of the most popular politicians in the country, said he would start a campaign in favor of the United Kingdom leaving the European Union (Brexit) in the referendum scheduled in June. read more...
|
|