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Outsourcing News : Article

Eugen Dijmarescu: High interest rates level, a temporary issue

In case communication problems appear between the banks, Romania’s central bank (BNR) is available to mediate discussions

In case communication problems appear between the banks, Romania’s central bank (BNR) is available to mediate discussions between the players with liquidities in excess and those in need to attract funds, stated Eugen Dijmarescu, BNR vice-governor, who is attending the Euromoney conference on South-East Europe in Thessaloniki. At the same time, he said that the high interest rates level is not to last.
 
“I am confident that the high interest rates level is just a temporary issue. At the end of this month we are to convene the BNR Administration Council and this subject is included on its agenda.
If real situation appear till then, we will discuss with the banks in question on individual basis”, said Dijmarescu.

Read entire article on Financiarul.ro

Posted: Friday, October 31, 2008

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