Banca Comerciala Romana (BCR) will lower, at the start of September, its interest rates for both RON-denominated loans and RON-denominated deposits attracted from the population, following the modification of the monetary policy interest rate, being the first bank that does this in Romania, a press communiqué informs. “We believe that this is the right moment for a positive answer to the market’s signals. We want to offer loans. We have sufficient liquidity and we are prepared to support the return of crediting and the economy overall through both guaranteed and non-guaranteed loans,” Andrew Gerber, Retail Products Director within BCR, stated. In the case of consumer credits guaranteed by mortgages the cut goes up to 3.4 percentage points, the new interest rates offered to clients starting off from 7 per cent per year. Likewise, for personal needs credits with no guarantees the cut goes up to 1 percentage point, so that the new interest rates are starting off from 12 per cent per year. At the same, time, starting on September 1, BCR will lower the interest rate for RON-denominated deposits by values ranging from 0.25 to 0.5 percentage points, so that the interests offered to clients will range from 3 per cent to 4.25 per cent per year, depending on maturities.