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The accelerated growth of ROBOR is kept: the indicator for three months got to 1.58%

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The ROBOR indicator for three months, on which depends  the costs of loans in lei with variable interest, grew on Friday to 1.58% against a level of 1.46%recorded a day before and 1.11% recorded on Monday 25th September, according to the BNR information.

Similarly the indicator ROBOR for six months, used in the evaluation of the interests to mortgage loans, increased to 1.69% from 1.57% as it was on 28 September.

At the beginning of September ROBOR for three months was 0;92% and at the beginning of this year it was 0.87%.

The interest grew with75% against the previous month and approximately 50% against on Monday, according to zf.ro.

ROBOR represents the average rate of the interest to which the Romanian banks get inter-banking loans in lei. The indicator is established daily by the BNR as an arithmetic mean of the quotations made by ten banks selected by BNR.

Premier Mihai Tudose: the people in BNR were away for a period of time. Their role was not to let ROBOR grow. We might have a discussion next week

Premier Mihai Tudose stated on Friday in Sucevita that the role of the BNR was to take care that the ROBOR does not grow, Tudose mentioning that he intended to have a discussion on this issue with the BNR governor Mugur Isarescu during the next week.

‘I think that our colleagues in the National bank were away as the role of the BNR was not let ROBOR grow and not let some actors play on this issue’ stated the prime-minister.

Invited to comment on the statements according to which the growth of the ROBOR was due to the taking to the budget of the profit of state-owned companies, Tudose said’ I think you are joking! We have taken our money! It was our money! My God, the money of the state! We did not steal anybody’s money!.

At the same time, Tudose announced that he intended to have a discussion with the governor of the BNR next week about the recent statements of Adrian Vasilescu, adviser of the governor.

‘We might have a discussion next week as I want to ask the governor if mr.Vasilescu represents the National Bank  when he has such statements. If he speaks in his name, it is his problem; if he has a T-shirt with private on it. But if is wears the BNR  T-shirt we need to know if this is Romania’s structure or a gods’ structure which deals with their existence, a very good one, by the way…: ‘. Tudose said.
At the beginning of September ROBOR for three months was 0.92% and at the beginning of this year it was 0.87%.

ROBOR represents a men of the interest at which the Romanian banks get inter-banking loans in lei. The indicator is established daily by BNR as an arithmetic mean of the quotations practiced by ten banks selected by the BNR.

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