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October 1, 2022

The state can boost RON loans by subsidizing the interest

The state can subsidize the interest on RON loans or deduct it from taxes in order to encourage this form of borrowing, Anca Bidian, General Manager – Kiwi Finance, Romania’s top credit broker, told a press conference, adding that this a better alternative than a potential equalization of quotes for Euribor and Robor indicators. In his turn, Traian Stancu, Chief Operating Officer – Kiwi Finance, said that the difference between  Robor and Euribor quotations is quite large, which is reflected in the interest rate charged on loans, and, implicitly, the installments paid by customers.

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