IDEAS home Printed from https://ideas.repec.org/a/khe/journl/v7y2015i4p72-74.html
   My bibliography  Save this article

The issue of interest rates on foreign currency loans. A case study

Author

Listed:
  • Mariana Rodica Tirlea
  • Rodica Perciun

Abstract

The legal framework for establishing the interest for bank loans represents the bank lending contracts under which there are mentioned the contracting parties, the loan value, credit price, the rates term of payment of the contracted loan. The price of short-term bank loans and long term is represented by interest, taxes and bank fees. The amount of interest and bank charges is directly proportional to the risk of the relevant customer respectively the borrower, the size of the bank credit, the interest rates and the maturity term of bank credit. The calculation manner of interest, fees and bank charges needs to be clarified by the banking credit agreement. Practice has proven that through amendments to banking contracts or even unilaterally, the bank adjusts the interest or bank charges, fact which leads to unfair terms in contracts bank lending.

Suggested Citation

  • Mariana Rodica Tirlea & Rodica Perciun, 2015. "The issue of interest rates on foreign currency loans. A case study," Knowledge Horizons - Economics, Faculty of Finance, Banking and Accountancy Bucharest,"Dimitrie Cantemir" Christian University Bucharest, vol. 7(4), pages 72-74, December.
    • Handle: RePEc:khe:journl:v:7:y:2015:i:4:p:72-74
    as

    Download full text from publisher

    File URL: http://orizonturi.ucdc.ro/arhiva/khe-vol7-nr4-2015/Mariana_Tarlea.pdf
    Download Restriction: no
    File URL: http://orizonturi.ucdc.ro/arhiva/khe-vol7-nr4-2015/Mariana_Tarlea.pdf
    Download Restriction: no
    ---><---

    More about this item

    Keywords

    Client; loan amount; interest rate; reference rate; daily interest rate;
    All these keywords.

    JEL classification:

    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:khe:journl:v:7:y:2015:i:4:p:72-74. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Adi Sava (email available below). General contact details of provider: https://edirc.repec.org/data/ffucdro.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.