EnglishRaiffeisen Bank has lowered interest rates for unsecured loans in lei by as much as 2%, with the lowest level being 10.50%, whereas interest rate for savings in lei dropped to 8.25%, subject to the type of deposits and the amount on deposit, according to a press release by the bank.
Radu Topliceanu, the head of the Retail Customer Division of Raiffeisen Bank, said: "The monetary policy of the NBR makes its effects felt on the evolution of ROBOR, as well as on the interest rates charged by retail banks. In order to support customers who need loans, we have decided to cut interest rates by up to 2% and to launch a new product which offers additional protection by combining the unemployment insurance with a grace period. We also continue to stimulate long term saving by the interest rates we offer, as well as through the additional benefits we offer to customers who use Raiffeisen Bank to cash their salaries and pensions".
The bank continues to offer an interest rate 0.25% higher than the standard interest rate for 3- and 6-month fixed interest rate deposits, for pensioners and employees whose pensions and wages are paid using the bank"s cards.
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