Premier Marcel Cholaku announced on Monday evening that banks would not increase cash transaction fees under an agreement reached in Palatulo Victoria. “Bank commissions in Romania will not increase either for individuals or for legal entities,” the prime minister said.

• “This is the agreement we reached today with the Romanian Association of Banks and with representatives of the most important banks in Romania, as well as with the banks of the BNR. I am glad that the arguments presented were fully understood, and I thank them for opening the dialogue.” Marcel Cholaku announced this on Facebook.

Prime Minister Marcel Ciolacu held a working meeting on Monday with representatives of the members of the Executive Board of the Romanian Association of Banks after he said last week that banks’ greed cannot be fueled by the cash debate and that it is unacceptable to artificially raise bank fees.

• “The debate about cash does not fuel the greed of banks! An artificial increase in bank commissions is unacceptable!” the prime minister wrote on Facebook on Friday.

Marcel Cholaku announced in a post that he will convene a meeting in the government with the participation of specialists from the Ministry of Finance and the BNR, as well as representatives of small entrepreneurs, banks and civil society, in order to make a decision on cash money.

• “I will never give up the fight against evasion. And I will not refuse to protect Romanians from the greed of those who want to make money at any price,” said the head of the executive power.

Several banks have announced fee increases as banks introduce a 2% annual gross income tax, while on the other hand the government has lowered the limits up to which companies and individuals can carry out cash transactions, forcing more banking operations, which is an additional source of income for banks.

It is updated