BNR calls six banks for talks

The Administration Council of the National Bank of Romania (BNR) has decided on Thursday that it could suspend the publication of ROBID/ROBOR indexes if the ROBOR interest rate surpasses the loan interest rate (currently standing at 14.25 per cent per year) by more than 25 per cent, Realitatea TV reports. On the backdrop of recent developments registered on the monetary and currency exchange markets, BNR's Over-watch Office has invited the leaders and head treasurers of six commercial banks to attend talks. BNR asked them to explain the operations conducted on the inter-bank markets and the excessive interest rate levels, a communiqué issued by BNR yesterday informs.