Banca Romaneasca has received the approval of the National Bank of Romania regarding the use of the new internal lending norms that allow a maximum indebtness degree of 70% from the client’s net monthly income. As well, the advance may be even 0% in the case of mortgage loans, provided the minimum coverage degree of 118% is observed.

The value of the subsistence expenses taken in consideration by Banca Romaneasca for the calculation of the indebtness degree is 245 lei per family member. The bank accepts four co-debtors at the most at the calculation of the cumulated income, for the increase of the loan value. Co-debtors don’t need to have the same domicile as the loan applicant.

At the same time, starting 18 February 2008, Banca Romaneasca offers higher interest rates for term deposits in EURO, with fixed interest. Thus, for the deposit on 1 month, the bank has increased the interest to 4,3%, from 4,1%, and in the case of deposits on 3 months and 12 months, the interest has increased to 4,45% from 4,3% and 4,4% respectively. 

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