Actual annual interest cannot exceed 50pct for consumer loans
Publicat:The Chamber of Deputies, the decision-making body for this draft, adopted on Wednesday the bill on the legal payable and penalising interest on financial dues, providing for the actual annual interest not to exceed the legal interest by more than 50 percent per annum for consumer loans under 15,000 lei and 40 percent per annum for those with a value exceeding 15,000 lei.
The deputies adopted in this respect the draft law for the completion of Government Ordinance no 13 / 2011 on the legal payable and penalising interest on financial dues.
The initiative stipulates that this…
Citeste articolul mai departe pe stiripesurse.ro…
Sursa articol: stiripesurse.ro
Stiri pe aceeasi tema
Central bank: Loans to non-government sector, up 1.1pct in March 2024
13:10, 24.04.2024 - At end-March 2024, loans to non-government sector granted by credit institutions increased 1.1 percent (0.6 percent in real terms) from February 2024 to RON 387,979.8 million, according to a press release of the National Bank of Romania (BNR).RON-denominated loans, representing 68.
Interest rates charged by non-bank financial institutions capped, decides Chamber of Deputies
16:00, 26.03.2024 - The Chamber of Deputies adopted on Tuesday the bill on consumer protection on the capping of the effective annual interest rates at non-banking financial institutions and the statute of limitations for collecting debt payments. The bill on consumer protection regarding the total cost of credit and…
Chamber of Deputies extends until December 31, 2024 capping on staple foodstuff markup
22:11, 19.03.2024 - The Chamber of Deputies adopted on Tuesday the Emergency Ordinance on capping the markup for staple foodstuff, approving an amendment according to which the measure will be extended until December 31, 2024. Emergency Ordinance 5/2024 amends and supplements Government Emergency Ordinance no. 67/2023,…
Motorcycles, mopeds, excepted from obligation to be equipped with medical kit, reflective triangles, fire extinguisher
18:51, 11.03.2024 - The Chamber of Deputies adopted on Monday a draft law according to which moped and motorcycle drivers will be exempted from the obligation to carry reflective triangles, a first aid kit and a fire extinguisher. In this regard, the draft law adds on to article 8 of the Government's Emergency Ordinance…
We will find mechanisms by which people have right to run for local elections (Chamber's Simonis)
16:35, 26.02.2024 - The interim president of the Chamber of Deputies, Alfred Simonis, declared on Monday that a legal formula must be found by which mayors in office, who are no longer supported by the parties for which they were elected, can also run for the local elections in 2024. Simonis was asked, at the Palace…
Non-government loans dip 0.6 pct this January
14:00, 23.02.2024 - Loans granted by credit institutions to the non-government sector dipped 0.6 percent in January 2024 from December 2023 (-1.7 percent in real terms) to RON 384.757 billion, the National Bank of Romania (BNR) said in a release. RON-denominated loans accounted for 68.5 percent of the total, down 0.5…
Annual inflation rate rises to 7.4pct in January 2024
11:55, 14.02.2024 - The annual inflation rate rose to 7.4% in January 2024, from 6.61% in December, as food prices increased 5.64%, non-food prices went up 7.36% and services prices advanced 10.91%, according to data from the National Institute of Statistics (INS) published on Wednesday. "The consumer price index in…
New Tezaur securities issue, with up to 6.75pct per annum non-taxable interest
14:30, 12.02.2024 - Romanians can invest, starting Monday, in TEZAUR government securities, with maturities of 1 and 3 years with annual interest rates of 6% and 6.75% respectively, informs the Ministry of Finance (MF).The government securities have a nominal value of 1 leu and are in dematerialised form. Government…
se inchide automat in 30 secunde
