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June 18, 2021

CEC Bank reduces interests on RON loans to companies

As of March 21, 2011, CEC Bank reduces, by 1 pc, the Prime Interest Rate, on RON loans granted to companies and those meant to facilitate access to European funds, according to a release by the bank. Thus, CEC Bank’s reference rate on RON loans to companies is reduced, from 8.90 pc to 7.90 pc. At the same time, the reference rate on all RON loans destined to companies which wish to accede to European funds is reduced from 8.40 pc to 7.40 pc. CEC Bank also reduces interests on RON deposits, as follows: for individuals – 0.50 pc per year, on the one month-fixed interest deposit, 0.75 pc per year, on fixed term 3, 6, 9 and 12 month-deposits and on the fixed interest rate deposits’ saving book; for companies – 0.25 pc per year, on fixed interest rate deposits (on all terms).

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