New loans for individuals and for companies, bothleu-denominated and euro-denominated ones, became up to two percentmore expensive, while deposit interests continued to decline, whichshows that bankers are again looking to round off their profitmargins.
The increase largely has to do with the higher cost of fundingon the money market, because bankers retained or even cut theinterest rate margins, say market players. At the same time, overthe last few weeks increasingly strong signs have emerged thatbanks are seeking to attract clients for loans with lowerinterests.
"The rise of interest rates could be the result of updatingreference indexes because banks' margins have not been higher.There is a trend on the market to bring interest rates to around 5%compared with 6-7% last year. Big banks, which are also the mostactive on the market at present, have already cut interest ratemargins and I think the other players will rally, considering thatdemand remains low," commented Anca Bidian, general manager ofcredit broker Kiwi Finance.
Pentru alte știri, analize, articole și informații din business în timp real urmărește Ziarul Financiar pe WhatsApp Channels
