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Central bank's Vasilescu: The most expensive credit in the European Union can be found in Romania

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The most expensive credit in the can be found in Romania because we have a low degree of intermediation, and the profit is made from the margins, stated, on Wednesday, , strategy consultant at the of Romania (BNR).

"Even if the interest rates are low, Romanian banks have more money than there is demand. The offer is higher than the demand. And still the interest is high. For what reason? The ARB director has a chart that he has shown at many conferences about intermediation in Romania. Intermediation means a ratio between the private credit

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