The Governor of the National Bank of Romania, Mugur Isarescu, is invited next Monday or next Tuesday, depending on his availability, to the joint meeting of the Senate's economic and budget Committees, where the impact that the interbank offered rate ROBOR index has on the calculation of interest rates on retail lei loans will be debated, reads a press release issued on Thursday to AGERPRES.
The meeting will debate the Financial Stability Report no. 2 of 2018, which includes the "Special Topic. The Operational Efficiency of the Banking Sector and the Level of Intermediation", which highlights criticism of the medium-term strategies of the main eight banks in Romania, as well as elements regarding the fixing procedure, as a result of the impact the ROBOR has in calculating the interest rates on retail lei loans.
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