Ctrl Bker: Some Romanian Bks Pay 10% For Deposits, But Ask 35% For Loans
13:59, 18 Nov. 2008
The Romanian national authority for consumers’ protection, or ANPC, should take notice on banks that pay interest rates of about 10% of the deposits, but increased the loan interest rates to near 35%, Adrian Vasilescu, adviser of the central bank's governor, said Tuesday.