Curs BNR — 13.11.2026 EUR 5,3498 USD 4,8428 GBP 6,4023
Government Adopts Extension of 9-Month Loan Repayment Moratorium
Banks-Insurance

Government Adopts Extension of 9-Month Loan Repayment Moratorium

Romania's government late Wednesday approved the norms extending a nine-month moratorium on bank loan repayments for debtors affected by the pandemic, after the previous moratorium expired a...

Oana Gavrila · 28.01.2021 · 11:34 · 1 min
Consumers and Companies Saved More Than They Borrowed in 2020
Banks-Insurance

Consumers and Companies Saved More Than They Borrowed in 2020

The loan volume was lower than the savings consumers and companies kept in banks in 2020, as the loan growth rate slowed down, and the speed of deposits is more than double the increase in l...

Loredana Frățilă-Cristescu · 28.01.2021 · 10:09 · 1 min
Romania Private Lending Grows 0.5% on Month in December
Banks-Insurance

Romania Private Lending Grows 0.5% on Month in December

Private lending in Romania grew 0.5% in nominal terms and 0.1% in real terms in December compared with November, to RON282.37 billion, central bank data showed Wednesday.

Oana Gavrila · 27.01.2021 · 10:24 · 1 min
Central Bank: Scandal On Electricity Market Is A Process With Significant Uncertainty That May Impact Inflation
Banks-Insurance

Central Bank: Scandal On Electricity Market Is A Process With Significant Uncertainty That May Impact Inflation

Romania’s central bank warns, in the minutes of its latest monetary policy meeting, that the annual inflation will probably inch up in the first two months of 2021, followed by a correction...

Ecaterina Craciun · 26.01.2021 · 18:29 · 9 min
Financial Watchdog Fines City Insurance Board Members
Companies

Financial Watchdog Fines City Insurance Board Members

Romania's financial supervisory authority has fined members of the management and supervisory boards of City Insurance, the biggest insurance company on the local market, a total of RON3.8 m...

Oana Gavrila · 26.01.2021 · 11:05 · 1 min
Romania Raises RON508.8M Selling October 2034 Bonds At 3.27% Average Yield
Banks-Insurance

Romania Raises RON508.8M Selling October 2034 Bonds At 3.27% Average Yield

Romania's finance ministry on Monday raised 508.8 million lei (EUR104.2 million), slightly above the RON500 million level planned, selling bonds maturing in October 2034, at an average yield...

Ecaterina Craciun · 25.01.2021 · 18:42 · 1 min
Three-Month Money Market Rate Drops To Lowest Level Since Sept 2017, Of 1.58%
Banks-Insurance

Three-Month Money Market Rate Drops To Lowest Level Since Sept 2017, Of 1.58%

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, fell to 1.58% a year on Monday...

Ecaterina Craciun · 25.01.2021 · 13:56 · 1 min
Pillar II Pension Funds Generate 6.2% Average Yield in 2020
Banks-Insurance

Pillar II Pension Funds Generate 6.2% Average Yield in 2020

Pillar II private pension funds generated an average yield of 6.2% in 2020, triple compared with the 2.06% inflation rate, despite the effects of the pandemic, stock declines in spring and u...

Oana Gavrila · 25.01.2021 · 11:02 · 1 min
Three-Month Money Market Rate Inches Up To 1.60% After Stagnating At 1.59% In Last Four Days
Banks-Insurance

Three-Month Money Market Rate Inches Up To 1.60% After Stagnating At 1.59% In Last Four Days

Romania's three-month ROBOR index, the interbank interest rate used as a reference to calculate variable interests for loans in lei contracted before May 2019, inched up to 1.60% a year on F...

Ecaterina Craciun · 22.01.2021 · 13:20 · 1 min